NUAN, INFY, SAP, CRM And IBM, Pushing 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 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 5 stocks pushing the industry lower today:

5. Nuance Communications ( NUAN) is one of the companies pushing the Computer Software & Services industry lower today. As of noon trading, Nuance Communications is down $0.74 (-3.8%) to $18.59 on heavy volume. Thus far, 9.0 million shares of Nuance Communications exchanged hands as compared to its average daily volume of 4.0 million shares. The stock has ranged in price between $17.90-$18.68 after having opened the day at $17.98 as compared to the previous trading day's close of $19.33.

Nuance Communications, Inc. provides voice and language solutions for businesses and consumers worldwide. Nuance Communications has a market cap of $6.1 billion and is part of the technology sector. Shares are down 13.4% year to date as of the close of trading on Tuesday. Currently there are 7 analysts that rate Nuance Communications a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Nuance Communications 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 expanding profit margins. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, weak operating cash flow and a generally disappointing performance in the stock itself. Get the full Nuance Communications 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, Infosys ( INFY) is down $0.37 (-0.8%) to $48.70 on light volume. Thus far, 527,192 shares of Infosys exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $48.47-$48.84 after having opened the day at $48.79 as compared to the previous trading day's close of $49.07.

Infosys Limited provides business consulting, technology, engineering, and outsourcing services worldwide. Infosys has a market cap of $28.4 billion and is part of the technology sector. Shares are up 16.0% year to date as of the close of trading on Tuesday. Currently there are 3 analysts that rate Infosys a buy, 3 analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Infosys 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 reasonable valuation levels. However, as a counter to these strengths, we find that the company's return on equity has been disappointing. Get the full Infosys 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, Sap ( SAP) is down $0.50 (-0.7%) to $75.34 on light volume. Thus far, 343,552 shares of Sap exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $75.04-$75.38 after having opened the day at $75.09 as compared to the previous trading day's close of $75.84.

SAP AG provides enterprise application software and software-related services worldwide. It offers products in applications, analytics, cloud, mobile, and database and technology categories. Sap has a market cap of $89.5 billion and is part of the technology sector. Shares are down 5.6% year to date as of the close of trading on Tuesday. Currently there are 4 analysts that rate Sap a buy, 2 analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates Sap as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels, good cash flow from operations, expanding profit margins and increase in stock price during the past year. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Sap 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, Salesforce.com ( CRM) is down $0.54 (-1.2%) to $44.88 on light volume. Thus far, 1.7 million shares of Salesforce.com exchanged hands as compared to its average daily volume of 6.7 million shares. The stock has ranged in price between $44.18-$45.20 after having opened the day at $45.20 as compared to the previous trading day's close of $45.42.

salesforce.com, inc. provides enterprise cloud computing solutions to various businesses and industries worldwide. Salesforce.com has a market cap of $27.1 billion and is part of the technology sector. Shares are up 8.1% year to date as of the close of trading on Tuesday. Currently there are 25 analysts that rate Salesforce.com a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates Salesforce.com as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance 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 feeble growth in the company's earnings per share. Get the full Salesforce.com 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, International Business Machines ( IBM) is down $1.73 (-0.9%) to $188.31 on average volume. Thus far, 2.1 million shares of International Business Machines exchanged hands as compared to its average daily volume of 4.0 million shares. The stock has ranged in price between $188.05-$189.93 after having opened the day at $189.60 as compared to the previous trading day's close of $190.04.

International Business Machines Corporation provides information technology (IT) products and services worldwide. The company operates in five segments: Global Technology Services, Global Business Services, Software, Systems and Technology, and Global Financing. International Business Machines has a market cap of $214.2 billion and is part of the technology sector. Shares are down 0.3% year to date as of the close of trading on Tuesday. Currently there are 10 analysts that rate International Business Machines a buy, no analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates International Business Machines as a buy. The company's strengths can be seen in multiple areas, such as its notable return on equity, 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 International Business Machines 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 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).

null

More from Markets

Ackman Investment Buoys Lowe's; DraftKings Responds to FanDuel Merger -- ICYMI

Ackman Investment Buoys Lowe's; DraftKings Responds to FanDuel Merger -- ICYMI

Replay: Jim Cramer on the Markets, Tiffany, Micron Technology and Union Pacific

Replay: Jim Cramer on the Markets, Tiffany, Micron Technology and Union Pacific

Carnival CEO Arnold Donald: China Will Become the Largest Cruise Market

Carnival CEO Arnold Donald: China Will Become the Largest Cruise Market

Red Robin Slumps After Earnings Miss

Red Robin Slumps After Earnings Miss

Owner of Moviepass Sees Stock Plummet

Owner of Moviepass Sees Stock Plummet