5 Stocks Driving The Computer Software & Services 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 up today with the Dow Jones Industrial Average ( ^DJI) trading up 22 points (0.1%) at 15,424 as of Tuesday, Sept. 24, 2013, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,875 issues advancing vs. 1,030 declining with 132 unchanged.

The Computer Software & Services industry currently sits up 0.3% versus the S&P 500, which is up 0.2%. A company within the industry that increased today was Wipro ( WIT), up 0.8%. A company within the industry that fell today was Microsoft Corporation ( MSFT), up 0.7%.

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

5. Thomson Reuters Corporation ( TRI) is one of the companies pushing the Computer Software & Services industry higher today. As of noon trading, Thomson Reuters Corporation is up $0.20 (0.6%) to $35.52 on average volume. Thus far, 391,695 shares of Thomson Reuters Corporation exchanged hands as compared to its average daily volume of 806,800 shares. The stock has ranged in price between $35.24-$35.58 after having opened the day at $35.27 as compared to the previous trading day's close of $35.32.

Thomson Reuters Corporation provides intelligent information for businesses and professionals worldwide. It sells electronic content and services to professionals, primarily on a subscription basis. Thomson Reuters Corporation has a market cap of $29.0 billion and is part of the services sector. Shares are up 20.2% year to date as of the close of trading on Monday. Currently there are 3 analysts that rate Thomson Reuters Corporation a buy, 1 analyst rates it a sell, and 9 rate it a hold.

TheStreet Ratings rates Thomson Reuters Corporation as a hold. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income and poor profit margins. Get the full Thomson Reuters 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.

4. As of noon trading, Sap ( SAP) is up $0.79 (1.1%) to $74.72 on light volume. Thus far, 461,703 shares of Sap exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $74.43-$74.85 after having opened the day at $74.58 as compared to the previous trading day's close of $73.93.

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 $88.3 billion and is part of the technology sector. Shares are down 7.9% year to date as of the close of trading on Monday. 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 growth in earnings per share. 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 Sap 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, Xerox Corporation ( XRX) is up $0.17 (1.7%) to $10.25 on average volume. Thus far, 5.7 million shares of Xerox Corporation exchanged hands as compared to its average daily volume of 11.0 million shares. The stock has ranged in price between $10.12-$10.27 after having opened the day at $10.15 as compared to the previous trading day's close of $10.08.

Xerox Corporation provides business process and document management services worldwide. Xerox Corporation has a market cap of $12.5 billion and is part of the technology sector. Shares are up 48.7% year to date as of the close of trading on Monday. 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.

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, 3D Systems Corporation ( DDD) is up $2.15 (4.0%) to $55.90 on average volume. Thus far, 2.4 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 $53.08-$56.23 after having opened the day at $54.20 as compared to the previous trading day's close of $53.75.

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 $5.4 billion and is part of the technology sector. Shares are up 50.4% year to date as of the close of trading on Monday. 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.

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, Cognizant Technology Solutions Corporation ( CTSH) is up $0.71 (0.9%) to $83.14 on light volume. Thus far, 770,702 shares of Cognizant Technology Solutions Corporation exchanged hands as compared to its average daily volume of 2.5 million shares. The stock has ranged in price between $82.17-$83.22 after having opened the day at $82.63 as compared to the previous trading day's close of $82.43.

Cognizant Technology Solutions Corporation provides information technology (IT), consulting, and business process outsourcing services worldwide. The company operates through four segments: Financial Services; Healthcare; Manufacturing, Retail, and Logistics; and Other. Cognizant Technology Solutions Corporation has a market cap of $24.8 billion and is part of the technology sector. Shares are up 11.4% year to date as of the close of trading on Monday. Currently there are 16 analysts that rate Cognizant Technology Solutions Corporation a buy, no analysts rate it a sell, and 3 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.

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 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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