JIVE, RVBD, ADSK, RAX And ATVI, 5 Computer Software & Services Stocks Pushing The Industry Lower

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 up today with the Dow Jones Industrial Average ( ^DJI) trading up 27 points (0.2%) at 15,548 as of Wednesday, July 31, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,364 issues advancing vs. 1,544 declining with 117 unchanged.

The Computer Software & Services industry currently sits up 0.5% versus the S&P 500, which is up 0.3%. A company within the industry that fell today was Salesforce.com ( CRM), up 0.7%. Top gainers within the industry include Wipro ( WIT), up 1.8%, Citrix Systems ( CTXS), up 1.8% and Thomson Reuters Corporation ( TRI), up 1.1%.

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

5. Jive Software ( JIVE) is one of the companies pushing the Computer Software & Services industry lower today. As of noon trading, Jive Software is down $3.19 (-18.7%) to $13.88 on heavy volume. Thus far, 3.6 million shares of Jive Software exchanged hands as compared to its average daily volume of 683,100 shares. The stock has ranged in price between $13.35-$14.13 after having opened the day at $13.73 as compared to the previous trading day's close of $17.07.

Jive Software, Inc. provides a social business software platform to businesses, government agencies, and other enterprises. Its Jive Engage Platform enables collaboration across two principal communities and employees within the enterprise, and customers and partners outside the enterprise. Jive Software has a market cap of $1.1 billion and is part of the technology sector. Shares are up 17.7% year to date as of the close of trading on Tuesday. Currently there are 6 analysts that rate Jive Software a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Jive Software as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share. Get the full Jive Software 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, Riverbed Technology ( RVBD) is down $2.03 (-11.6%) to $15.50 on heavy volume. Thus far, 18.1 million shares of Riverbed Technology exchanged hands as compared to its average daily volume of 2.4 million shares. The stock has ranged in price between $14.50-$15.61 after having opened the day at $14.96 as compared to the previous trading day's close of $17.53.

Riverbed Technology, Inc. provides solutions to the fundamental problems associated with information technology (IT) performance across wide area networks (WANs) in the United States and internationally. Riverbed Technology has a market cap of $2.8 billion and is part of the technology sector. Shares are down 12.2% year to date as of the close of trading on Tuesday. Currently there are 8 analysts that rate Riverbed Technology a buy, 1 analyst rates it a sell, and 16 rate it a hold.

TheStreet Ratings rates Riverbed Technology 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 expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and disappointing return on equity. Get the full Riverbed Technology 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, Autodesk ( ADSK) is down $1.30 (-3.5%) to $35.28 on heavy volume. Thus far, 2.6 million shares of Autodesk exchanged hands as compared to its average daily volume of 2.8 million shares. The stock has ranged in price between $34.73-$36.68 after having opened the day at $36.51 as compared to the previous trading day's close of $36.58.

Autodesk, Inc. operates as a design software and services company worldwide. Autodesk has a market cap of $8.1 billion and is part of the technology sector. Shares are up 2.3% year to date as of the close of trading on Tuesday. Currently there are 7 analysts that rate Autodesk a buy, 1 analyst rates it a sell, and 9 rate it a hold.

TheStreet Ratings rates Autodesk as a buy. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Autodesk 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, Rackspace Hosting ( RAX) is down $1.24 (-2.7%) to $45.19 on average volume. Thus far, 1.2 million shares of Rackspace Hosting exchanged hands as compared to its average daily volume of 2.6 million shares. The stock has ranged in price between $44.62-$46.78 after having opened the day at $46.51 as compared to the previous trading day's close of $46.43.

Rackspace Hosting, Inc., through its subsidiaries, provides cloud computing services, managing Web-based IT systems for small and medium-sized businesses, and large enterprises worldwide. Rackspace Hosting has a market cap of $6.5 billion and is part of the technology sector. Shares are down 37.5% year to date as of the close of trading on Tuesday. Currently there are 6 analysts that rate Rackspace Hosting a buy, 2 analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates Rackspace Hosting as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. However, as a counter to these strengths, we find that the company's return on equity has been disappointing. Get the full Rackspace Hosting 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, Activision Blizzard ( ATVI) is down $0.22 (-1.2%) to $17.96 on average volume. Thus far, 3.3 million shares of Activision Blizzard exchanged hands as compared to its average daily volume of 8.6 million shares. The stock has ranged in price between $17.94-$18.28 after having opened the day at $18.19 as compared to the previous trading day's close of $18.18.

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 $20.4 billion and is part of the technology sector. Shares are up 72.0% year to date as of the close of trading on Tuesday. 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 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 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.

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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