5 Stocks Pulling 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 24 points (-0.2%) at 15,303 as of Thursday, Sept. 12, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 960 issues advancing vs. 1,922 declining with 143 unchanged.

The Computer Software & Services industry currently sits down 0.3% versus the S&P 500, which is down 0.3%. On the negative front, top decliners within the industry include Wipro ( WIT), down 2.4%, Nuance Communications ( NUAN), down 2.5%, Infosys ( INFY), down 1.3% and CA ( CA), down 1.0%.

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

5. Activision Blizzard ( ATVI) is one of the companies pushing the Computer Software & Services industry lower today. As of noon trading, Activision Blizzard is down $0.32 (-1.9%) to $16.86 on light volume. Thus far, 1.9 million shares of Activision Blizzard exchanged hands as compared to its average daily volume of 7.2 million shares. The stock has ranged in price between $16.73-$17.18 after having opened the day at $17.14 as compared to the previous trading day's close of $17.18.

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 $19.2 billion and is part of the technology sector. Shares are up 61.5% year to date as of the close of trading on Wednesday. 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.

4. As of noon trading, Intuit ( INTU) is down $0.75 (-1.1%) to $65.57 on average volume. Thus far, 1.1 million shares of Intuit exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $65.48-$66.11 after having opened the day at $66.11 as compared to the previous trading day's close of $66.32.

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 $19.7 billion and is part of the technology sector. Shares are up 11.5% year to date as of the close of trading on Wednesday. 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 largely solid financial position with reasonable debt levels by most measures, expanding profit margins, increase in stock price during the past year and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. 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.

3. As of noon trading, Symantec ( SYMC) is down $0.32 (-1.3%) to $24.94 on heavy volume. Thus far, 6.0 million shares of Symantec exchanged hands as compared to its average daily volume of 6.1 million shares. The stock has ranged in price between $24.36-$25.18 after having opened the day at $24.47 as compared to the previous trading day's close of $25.26.

Symantec Corporation and its subsidiaries provide security, backup, and availability solutions worldwide. Its products and services protect people and information in any digital environment from mobile devices, enterprise data centers, and cloud-based systems. Symantec has a market cap of $17.6 billion and is part of the technology sector. Shares are up 34.1% year to date as of the close of trading on Wednesday. Currently there are 12 analysts that rate Symantec a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Symantec as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, reasonable valuation levels, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Symantec 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, 3D Systems Corporation ( DDD) is down $1.91 (-3.7%) to $50.19 on heavy volume. Thus far, 2.8 million shares of 3D Systems Corporation exchanged hands as compared to its average daily volume of 3.7 million shares. The stock has ranged in price between $49.67-$52.70 after having opened the day at $52.27 as compared to the previous trading day's close of $52.10.

3D Systems Corporation, through its subsidiaries, develops, manufactures and markets 3D printers, print materials, on-demand custom parts services, and 3D authoring solutions for professionals and consumers. 3D Systems Corporation has a market cap of $5.3 billion and is part of the technology sector. Shares are up 47.4% year to date as of the close of trading on Wednesday. Currently there are 5 analysts that rate 3D Systems Corporation a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates 3D Systems Corporation as a buy. 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, increase in net income, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full 3D Systems 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.

1. As of noon trading, Cognizant Technology Solutions Corporation ( CTSH) is down $0.78 (-1.0%) to $79.08 on light volume. Thus far, 916,452 shares of Cognizant Technology Solutions Corporation exchanged hands as compared to its average daily volume of 2.6 million shares. The stock has ranged in price between $78.92-$79.70 after having opened the day at $79.60 as compared to the previous trading day's close of $79.86.

Provide application outsourcing services and enterprise consulting solutions Tier: 3. Cognizant Technology Solutions Corporation has a market cap of $23.9 billion and is part of the technology sector. Shares are up 7.3% year to date as of the close of trading on Wednesday. Currently there are 15 analysts that rate Cognizant Technology Solutions Corporation a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Cognizant Technology Solutions Corporation as a buy. 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, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Cognizant Technology Solutions 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 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).

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