5 Stocks Pushing 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 42 points (-0.3%) at 15,487 as of Wednesday, Sept. 18, 2013, 12:55 PM ET. The NYSE advances/declines ratio sits at 930 issues advancing vs. 1,976 declining with 128 unchanged.

The Computer Software & Services industry currently is unchanged today versus the S&P 500, which is down 0.2%. A company within the industry that fell today was Cerner Corporation ( CERN), up 1.0%. A company within the industry that increased today was ServiceNow ( NOW), up 3.8%.

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

5. Catamaran ( CTRX) is one of the companies pushing the Computer Software & Services industry lower today. As of noon trading, Catamaran is down $2.40 (-4.3%) to $52.96 on heavy volume. Thus far, 1.3 million shares of Catamaran exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $52.45-$55.19 after having opened the day at $55.07 as compared to the previous trading day's close of $55.36.

Catamaran Corporation provides pharmacy benefit management (PBM) services and healthcare information technology (HCIT) solutions to the healthcare benefits management industry in North America. The company operates in two segments: PBM and HCIT. Catamaran has a market cap of $11.4 billion and is part of the health care sector. Shares are up 17.8% year to date as of the close of trading on Tuesday. Currently there are 13 analysts that rate Catamaran a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Catamaran 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, good cash flow from operations, compelling growth in net income and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Catamaran 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 $0.31 (-0.6%) to $47.90 on light volume. Thus far, 578,835 shares of Infosys exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $47.71-$48.00 after having opened the day at $47.87 as compared to the previous trading day's close of $48.21.

Infosys Limited provides business consulting, technology, engineering, and outsourcing services worldwide. Infosys has a market cap of $27.5 billion and is part of the technology sector. Shares are up 13.7% 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 also find weaknesses including a generally disappointing performance in the stock itself and disappointing return on equity. 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, Electronic Arts ( EA) is down $0.99 (-3.6%) to $26.61 on heavy volume. Thus far, 3.1 million shares of Electronic Arts exchanged hands as compared to its average daily volume of 3.6 million shares. The stock has ranged in price between $26.60-$27.58 after having opened the day at $27.50 as compared to the previous trading day's close of $27.60.

Electronic Arts Inc. develops, markets, publishes, and distributes game software content and services for video game consoles, personal computers, mobile phones, tablets and electronic readers, and the Internet. Electronic Arts has a market cap of $8.3 billion and is part of the technology sector. Shares are up 85.7% year to date as of the close of trading on Tuesday. Currently there are 12 analysts that rate Electronic Arts a buy, 1 analyst rates it a sell, and 9 rate it a hold.

TheStreet Ratings rates Electronic Arts as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, largely solid financial position with reasonable debt levels by most measures, expanding profit margins, solid stock price performance and increase in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Electronic Arts 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, Xerox Corporation ( XRX) is down $0.15 (-1.4%) to $10.25 on average volume. Thus far, 5.9 million shares of Xerox Corporation exchanged hands as compared to its average daily volume of 10.8 million shares. The stock has ranged in price between $10.24-$10.45 after having opened the day at $10.44 as compared to the previous trading day's close of $10.40.

Xerox Corporation provides business process and document management services worldwide. Xerox Corporation has a market cap of $12.8 billion and is part of the technology sector. Shares are up 52.5% year to date as of the close of trading on Tuesday. 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.

1. As of noon trading, Intuit ( INTU) is down $0.80 (-1.2%) to $65.50 on average volume. Thus far, 1.3 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 $65.09-$65.78 after having opened the day at $65.28 as compared to the previous trading day's close of $66.30.

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 $19.6 billion and is part of the technology sector. Shares are up 10.8% 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 10 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.

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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