3 Computer Software & Services Stocks Nudging The Industry Higher

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 82 points (-0.5%) at 15,473 as of Friday, July 26, 2013, 12:49 PM ET. The NYSE advances/declines ratio sits at 1,028 issues advancing vs. 1,878 declining with 105 unchanged.

The Computer Software & Services industry currently sits down 0.4% versus the S&P 500, which is down 0.4%. A company within the industry that fell today was SolarWinds ( SWI), up 22.7%.

TheStreet would like to highlight 3 stocks pushing the industry higher today:

3. VeriSign ( VRSN) is one of the companies pushing the Computer Software & Services industry higher today. As of noon trading, VeriSign is up $1.49 (3.2%) to $47.42 on heavy volume. Thus far, 2.2 million shares of VeriSign exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $46.50-$48.84 after having opened the day at $46.70 as compared to the previous trading day's close of $45.93.

VeriSign, Inc. provides Internet infrastructure services to various networks worldwide. It offers registry services that operate the authoritative directory of .com, .net, .cc, .tv, and .name domain names, as well as the back-end systems for various for all .gov, .jobs, and .edu domain names. VeriSign has a market cap of $6.8 billion and is part of the technology sector. Shares are up 16.8% year to date as of the close of trading on Thursday. Currently there are 2 analysts that rate VeriSign a buy, 1 analyst rates it a sell, and 7 rate it a hold.

TheStreet Ratings rates VeriSign as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, revenue growth, 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 VeriSign Ratings Report now.

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2. As of noon trading, Activision Blizzard ( ATVI) is up $2.21 (14.6%) to $17.39 on heavy volume. Thus far, 27.5 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 $16.86-$17.76 after having opened the day at $17.16 as compared to the previous trading day's close of $15.18.

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 $17.2 billion and is part of the technology sector. Shares are up 44.9% year to date as of the close of trading on Thursday. 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, solid stock price performance, 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.

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1. As of noon trading, Electronic Arts ( EA) is up $1.12 (4.5%) to $25.76 on heavy volume. Thus far, 3.9 million shares of Electronic Arts exchanged hands as compared to its average daily volume of 4.8 million shares. The stock has ranged in price between $24.35-$25.89 after having opened the day at $24.38 as compared to the previous trading day's close of $24.64.

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 $7.8 billion and is part of the technology sector. Shares are up 75.0% year to date as of the close of trading on Thursday. Currently there are 11 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.

3x UPSIDE POTENTIAL: 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 3 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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