5 Computer Software & Services Stocks Dragging The Industry Down

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 63 points (0.4%) at 15,199 as of Monday, July 8, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,878 issues advancing vs. 1,083 declining with 93 unchanged.

The Computer Software & Services industry currently sits up 0.3% versus the S&P 500, which is up 1.0%. A company within the industry that fell today was Symantec ( SYMC), up 1.1%. Top gainers within the industry include Fidelity National Information Services ( FIS), up 1.4%, Nielsen Holdings ( NLSN), up 1.4% and Infosys ( INFY), up 0.5%.

TheStreet would like to highlight 5 stocks pushing the industry lower today:

5. Cerner Corporation ( CERN) is one of the companies pushing the Computer Software & Services industry lower today. As of noon trading, Cerner Corporation is down $0.63 (-1.3%) to $49.21 on light volume. Thus far, 576,991 shares of Cerner Corporation exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $48.96-$50.10 after having opened the day at $49.99 as compared to the previous trading day's close of $49.84.

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 $16.7 billion and is part of the technology sector. Shares are up 28.6% year to date as of the close of trading on Friday. 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 no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full Cerner Corporation Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

4. As of noon trading, Check Point Software Technologies ( CHKP) is down $0.60 (-1.2%) to $50.84 on average volume. Thus far, 750,414 shares of Check Point Software Technologies exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $50.78-$51.77 after having opened the day at $51.72 as compared to the previous trading day's close of $51.45.

Check Point Software Technologies Ltd. develops, markets, and supports a range of software, and combined hardware and software products and services for information technology (IT) security worldwide. Check Point Software Technologies has a market cap of $9.8 billion and is part of the technology sector. Shares are up 8.0% year to date as of the close of trading on Friday. Currently there are 12 analysts that rate Check Point Software Technologies a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Check Point Software Technologies as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, expanding profit margins and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full Check Point Software Technologies Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

3. As of noon trading, Electronic Arts ( EA) is down $0.40 (-1.7%) to $23.44 on light volume. Thus far, 1.4 million shares of Electronic Arts exchanged hands as compared to its average daily volume of 4.6 million shares. The stock has ranged in price between $23.36-$23.99 after having opened the day at $23.89 as compared to the previous trading day's close of $23.83.

Electronic Arts Inc. develops, markets, publishes, and distributes game software content and services for video game consoles, personal computers, mobile phones, tablets and electronic readers, and the Internet. Electronic Arts has a market cap of $7.1 billion and is part of the technology sector. Shares are up 60.5% year to date as of the close of trading on Friday. Currently there are 12 analysts that rate Electronic Arts a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Electronic Arts as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, expanding profit margins, solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Electronic Arts Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

2. As of noon trading, Activision Blizzard ( ATVI) is down $0.20 (-1.4%) to $14.46 on average volume. Thus far, 3.5 million shares of Activision Blizzard exchanged hands as compared to its average daily volume of 7.6 million shares. The stock has ranged in price between $14.43-$14.99 after having opened the day at $14.79 as compared to the previous trading day's close of $14.66.

Activision Blizzard, Inc. publishes online, personal computer (PC), console, handheld, and mobile interactive entertainment products worldwide. It operates in three segments: Activision, Blizzard, and Distribution. Activision Blizzard has a market cap of $16.0 billion and is part of the technology sector. Shares are up 38.0% year to date as of the close of trading on Friday. Currently there are 18 analysts that rate Activision Blizzard a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Activision Blizzard as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, increase in stock price during the past year, attractive valuation levels and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Activision Blizzard Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

1. As of noon trading, Salesforce.com ( CRM) is down $0.23 (-0.6%) to $38.71 on light volume. Thus far, 1.4 million shares of Salesforce.com exchanged hands as compared to its average daily volume of 6.7 million shares. The stock has ranged in price between $38.64-$39.36 after having opened the day at $39.03 as compared to the previous trading day's close of $38.94.

salesforce.com, inc. provides enterprise cloud computing solutions to various businesses and industries worldwide. Salesforce.com has a market cap of $22.8 billion and is part of the technology sector. Shares are down 7.3% year to date as of the close of trading on Friday. Currently there are 27 analysts that rate Salesforce.com a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates Salesforce.com as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and feeble growth in the company's earnings per share. Get the full Salesforce.com Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

If you are interested in one of these 5 stocks, ETFs may be of interest. Investors who are bullish on the computer software & services industry could consider iShares S&P NA Tech Software Idx ( IGV) while those bearish on the computer software & services industry could consider ProShares Ultra Short Technology ( REW).

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