Today's Top Performers In Computer Software & Services

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 57 points (-0.4%) at 15,601 as of Monday, Aug. 5, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,233 issues advancing vs. 1,686 declining with 120 unchanged.

The Computer Software & Services industry currently sits up 0.3% versus the S&P 500, which is down 0.2%.

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

3. Wipro ( WIT) is one of the companies pushing the Computer Software & Services industry higher today. As of noon trading, Wipro is up $0.17 (1.9%) to $8.97 on heavy volume. Thus far, 579,545 shares of Wipro exchanged hands as compared to its average daily volume of 642,300 shares. The stock has ranged in price between $8.88-$9.07 after having opened the day at $8.90 as compared to the previous trading day's close of $8.80.

Wipro Limited provides information technology (IT) products and services worldwide. It operates in two segments, IT Services and IT Products. Wipro has a market cap of $21.6 billion and is part of the technology sector. Shares are up 0.5% year to date as of the close of trading on Friday. Currently there are no analysts that rate Wipro a buy, 2 analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Wipro as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, notable return on equity and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income and poor profit margins. Get the full Wipro 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.

2. As of noon trading, Thomson Reuters Corporation ( TRI) is up $0.20 (0.6%) to $34.61 on light volume. Thus far, 299,522 shares of Thomson Reuters Corporation exchanged hands as compared to its average daily volume of 1.0 million shares. The stock has ranged in price between $34.34-$34.71 after having opened the day at $34.44 as compared to the previous trading day's close of $34.41.

Thomson Reuters Corporation provides intelligent information for businesses and professionals worldwide. It sells electronic content and services to professionals, primarily on a subscription basis. Thomson Reuters Corporation has a market cap of $28.7 billion and is part of the services sector. Shares are up 18.4% year to date as of the close of trading on Friday. Currently there are 4 analysts that rate Thomson Reuters Corporation a buy, 1 analyst rates it a sell, and 9 rate it a hold.

TheStreet Ratings rates Thomson Reuters Corporation as a hold. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income and poor profit margins. Get the full Thomson Reuters Corporation 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.

1. As of noon trading, Check Point Software Technologies ( CHKP) is up $0.74 (1.3%) to $59.38 on average volume. Thus far, 1.0 million shares of Check Point Software Technologies exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $58.10-$59.49 after having opened the day at $58.36 as compared to the previous trading day's close of $58.64.

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 $11.3 billion and is part of the technology sector. Shares are up 20.7% 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 increase in stock price during the past year, growth in earnings per share, revenue growth, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Check Point Software Technologies 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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