4 Computer Software & Services Stocks Dragging The Industry Down

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 20 points (-0.1%) at 15,298 as of Wednesday, June 19, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 2,604 issues advancing vs. 474 declining with 57 unchanged.

The Computer Software & Services industry currently sits up 0.8% versus the S&P 500, which is down 0.17.

TheStreet Ratings group would like to highlight 4 stocks pushing the industry lower today:

4. Cerner Corporation ( CERN) is one of the companies pushing the Computer Software & Services industry lower today. As of noon trading, Cerner Corporation is down $0.69 (-0.7%) to $98.32 on light volume Thus far, 143,579 shares of Cerner Corporation exchanged hands as compared to its average daily volume of 770,300 shares. The stock has ranged in price between $98.16-$99.21 after having opened the day at $99.08 as compared to the previous trading day's close of $99.01.

Cerner Corporation designs, develops, markets, installs, hosts, and supports healthcare information technology, healthcare devices, hardware, and content solutions for healthcare organizations and consumers worldwide. Cerner Corporation has a market cap of $16.9 billion and is part of the technology sector. The company has a P/E ratio of 41.4, above the S&P 500 P/E ratio of 17.7. Shares are up 26.7% year to date as of the close of trading on Tuesday. Currently there are 8 analysts that rate Cerner Corporation a buy, 1 analyst rates it a sell, and 9 rate it a hold.

TheStreet Ratings rates Cerner Corporation as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, impressive record of earnings per share growth, compelling growth in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Cerner Corporation Ratings Report now.

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