NOW, INFY, XRX, ATVI And INTU, 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.

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 4 points (0.0%) at 15,077 as of Monday, Aug. 19, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 933 issues advancing vs. 2,036 declining with 90 unchanged.

The Computer Software & Services industry currently sits up 0.5% versus the S&P 500, which is down 0.1%. A company within the industry that fell today was NCR Corporation ( NCR), up 1.6%. Top gainers within the industry include 3D Systems Corporation ( DDD), up 2.2%, Cerner Corporation ( CERN), up 1.3% and Citrix Systems ( CTXS), up 0.6%.

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

5. ServiceNow ( NOW) is one of the companies pushing the Computer Software & Services industry lower today. As of noon trading, ServiceNow is down $0.67 (-1.5%) to $43.80 on average volume. Thus far, 688,569 shares of ServiceNow exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $43.66-$44.38 after having opened the day at $44.35 as compared to the previous trading day's close of $44.47.

ServiceNow, Inc. engages in the provision of cloud-based services to automate enterprise IT operations primarily in North America, Europe, the Middle East, Africa, and the Asia Pacific. ServiceNow has a market cap of $6.0 billion and is part of the technology sector. Shares are up 48.1% 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.

4. As of noon trading, Infosys ( INFY) is down $0.50 (-1.0%) to $47.92 on average volume. Thus far, 860,896 shares of Infosys exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $47.60-$48.05 after having opened the day at $47.78 as compared to the previous trading day's close of $48.41.

Infosys Limited provides business consulting, technology, engineering, and outsourcing services worldwide. Infosys has a market cap of $27.9 billion and is part of the technology sector. Shares are up 14.4% year to date as of the close of trading on Friday. 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, Xerox Corporation ( XRX) is down $0.12 (-1.1%) to $10.18 on average volume. Thus far, 4.3 million shares of Xerox Corporation exchanged hands as compared to its average daily volume of 9.1 million shares. The stock has ranged in price between $10.16-$10.30 after having opened the day at $10.22 as compared to the previous trading day's close of $10.30.

Xerox Corporation provides business process and document management services worldwide. Xerox Corporation has a market cap of $12.7 billion and is part of the technology sector. Shares are up 51.0% year to date as of the close of trading on Friday. Currently there are 5 analysts that rate Xerox Corporation a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates Xerox Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, good cash flow from operations, expanding profit margins and growth in earnings per share. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Xerox 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 $0.37 (-2.1%) to $16.93 on light volume. Thus far, 2.1 million shares of Activision Blizzard exchanged hands as compared to its average daily volume of 8.0 million shares. The stock has ranged in price between $16.92-$17.30 after having opened the day at $17.24 as compared to the previous trading day's close of $17.30.

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 $19.3 billion and is part of the technology sector. Shares are up 62.2% 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 solid stock price performance, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, expanding profit margins and good cash flow from operations. 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, Intuit ( INTU) is down $0.41 (-0.6%) to $63.83 on light volume. Thus far, 519,486 shares of Intuit exchanged hands as compared to its average daily volume of 2.3 million shares. The stock has ranged in price between $63.77-$64.28 after having opened the day at $64.02 as compared to the previous trading day's close of $64.24.

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 7.3% year to date as of the close of trading on Friday. 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, expanding profit margins 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 Intuit 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).

null

More from Markets

Week Ahead: Trade Fears and Stress Tests Signal More Volatility To Come

Week Ahead: Trade Fears and Stress Tests Signal More Volatility To Come

Trump Takes Aim at Auto Imports; Markets End Mixed -- ICYMI

Trump Takes Aim at Auto Imports; Markets End Mixed -- ICYMI

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

REPLAY: Jim Cramer on the Markets, Oil, Starbucks, Tesla, Okta and Red Hat

REPLAY: Jim Cramer on the Markets, Oil, Starbucks, Tesla, Okta and Red Hat

Flashback Friday: The Market Movers

Flashback Friday: The Market Movers