4 Stocks Dragging The Computer Software & Services Industry Downward

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 4 stocks pushing the industry lower today:

4. ServiceNow ( NOW) is one of the companies pushing the Computer Software & Services industry lower today. As of noon trading, ServiceNow is down $1.32 (-2.9%) to $44.30 on light volume. Thus far, 511,981 shares of ServiceNow exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $44.07-$45.36 after having opened the day at $45.36 as compared to the previous trading day's close of $45.62.

ServiceNow, Inc. provides cloud-based services to automate enterprise information technology (IT) operations worldwide. Its services include a suite of applications built on its proprietary platform that automates workflow and integrates related business processes. ServiceNow has a market cap of $6.2 billion and is part of the technology sector. Shares are up 51.9% year to date as of the close of trading on Friday. Currently there are 6 analysts that rate ServiceNow a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates ServiceNow as a sell. Among the areas we feel are negative, one of the most important has been generally deteriorating net income. Get the full ServiceNow 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, Cerner Corporation ( CERN) is down $0.59 (-1.2%) to $49.48 on light volume. Thus far, 551,592 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 $49.39-$50.04 after having opened the day at $49.99 as compared to the previous trading day's close of $50.07.

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 $17.1 billion and is part of the technology sector. Shares are up 28.7% year to date as of the close of trading on Friday. Currently there are 6 analysts that rate Cerner Corporation a buy, 1 analyst rates it a sell, and 10 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 solid stock price performance, growth in earnings per share, compelling growth in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow. 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.

2. As of noon trading, Activision Blizzard ( ATVI) is down $0.46 (-2.6%) to $17.62 on average volume. Thus far, 3.6 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 $17.61-$17.93 after having opened the day at $17.83 as compared to the previous trading day's close of $18.08.

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 $20.3 billion and is part of the technology sector. Shares are up 71.3% 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, 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.

1. As of noon trading, Microsoft Corporation ( MSFT) is down $0.17 (-0.6%) to $31.72 on light volume. Thus far, 11.7 million shares of Microsoft Corporation exchanged hands as compared to its average daily volume of 48.8 million shares. The stock has ranged in price between $31.69-$32.00 after having opened the day at $31.90 as compared to the previous trading day's close of $31.89.

Microsoft Corporation develops, licenses, and supports software, services, and solutions worldwide. Its Windows division develops and markets PC operating systems, related software, and online services, and PC hardware products. Microsoft Corporation has a market cap of $263.8 billion and is part of the technology sector. Shares are up 18.6% year to date as of the close of trading on Friday. Currently there are 11 analysts that rate Microsoft Corporation a buy, no analysts rate it a sell, and 16 rate it a hold.

TheStreet Ratings rates Microsoft Corporation 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, attractive valuation levels and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Microsoft 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.

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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