4 Computer Software & Services Stocks Pushing 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 58 points (-0.4%) at 15,461 as of Wednesday, Aug. 7, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 785 issues advancing vs. 2,161 declining with 94 unchanged.

The Computer Software & Services industry currently sits down 0.8% versus the S&P 500, which is down 0.4%. On the negative front, top decliners within the industry include Thomson Reuters Corporation ( TRI), down 0.6%, Oracle Corporation ( ORCL), down 0.7% and Microsoft Corporation ( MSFT), down 0.4%.

TheStreet would like to highlight 4 stocks pushing the industry higher today:

4. Sapient Corporation ( SAPE) is one of the companies pushing the Computer Software & Services industry higher today. As of noon trading, Sapient Corporation is up $1.90 (13.9%) to $15.53 on heavy volume. Thus far, 2.5 million shares of Sapient Corporation exchanged hands as compared to its average daily volume of 766,500 shares. The stock has ranged in price between $14.74-$15.77 after having opened the day at $15.00 as compared to the previous trading day's close of $13.63.

Sapient Corporation provides various services that enable clients to leverage marketing and technology to transform their businesses in the United States and internationally. It operates in three segments: SapientNitro, Sapient Global Markets, and Sapient Government Services. Sapient Corporation has a market cap of $1.9 billion and is part of the technology sector. Shares are up 29.1% year to date as of the close of trading on Tuesday. Currently there are 2 analysts that rate Sapient Corporation a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Sapient Corporation as a hold. 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 and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. Get the full Sapient 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.

3. As of noon trading, Cornerstone OnDemand ( CSOD) is up $2.71 (5.7%) to $50.12 on heavy volume. Thus far, 435,780 shares of Cornerstone OnDemand exchanged hands as compared to its average daily volume of 444,000 shares. The stock has ranged in price between $48.32-$50.99 after having opened the day at $48.57 as compared to the previous trading day's close of $47.41.

Cornerstone OnDemand, Inc. provides talent management solutions delivered as software-as-a-service. It offers four integrated clouds for recruiting, learning management, performance management, and extended enterprise. Cornerstone OnDemand has a market cap of $2.5 billion and is part of the technology sector. Shares are up 63.9% year to date as of the close of trading on Tuesday. Currently there are 4 analysts that rate Cornerstone OnDemand a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Cornerstone OnDemand as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity and weak operating cash flow. Get the full Cornerstone OnDemand 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, Computer Sciences Corporation ( CSC) is up $2.97 (5.9%) to $52.93 on heavy volume. Thus far, 2.1 million shares of Computer Sciences Corporation exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $51.33-$52.98 after having opened the day at $51.35 as compared to the previous trading day's close of $49.96.

Computer Sciences Corporation provides information technology (IT) and professional services to governments and commercial enterprises. Computer Sciences Corporation has a market cap of $7.5 billion and is part of the technology sector. Shares are up 24.7% year to date as of the close of trading on Tuesday. Currently there are 3 analysts that rate Computer Sciences Corporation a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates Computer Sciences Corporation as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and poor profit margins. Get the full Computer Sciences 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, Intuit ( INTU) is up $0.74 (1.2%) to $64.40 on light volume. Thus far, 879,993 shares of Intuit exchanged hands as compared to its average daily volume of 2.4 million shares. The stock has ranged in price between $63.35-$64.47 after having opened the day at $63.35 as compared to the previous trading day's close of $63.65.

Intuit Inc. provides business and financial management solutions for small businesses, consumers, accounting professionals, and financial institutions primarily in the United States, Canada, the United Kingdom, India, and Singapore. Intuit has a market cap of $19.0 billion and is part of the technology sector. Shares are up 7.5% year to date as of the close of trading on Tuesday. Currently there are 6 analysts that rate Intuit a buy, no analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates Intuit 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, growth in earnings per share, 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 Intuit 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 4 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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