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 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 fell today was Microsoft Corporation ( MSFT), up 0.7%. A company within the industry that increased today was Wipro ( WIT), up 0.8%.

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

5. Red Hat ( RHT) is one of the companies pushing the Computer Software & Services industry lower today. As of noon trading, Red Hat is down $5.73 (-10.8%) to $47.20 on heavy volume. Thus far, 8.5 million shares of Red Hat exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $46.21-$47.91 after having opened the day at $47.91 as compared to the previous trading day's close of $52.93.

Red Hat, Inc. provides open source software solutions primarily to enterprise customers worldwide. The company develops and offers operating system, middleware, virtualization, storage, and cloud technologies. Red Hat has a market cap of $10.1 billion and is part of the technology sector. Shares are up 0.5% year to date as of the close of trading on Monday. Currently there are 13 analysts that rate Red Hat a buy, 1 analyst rates it a sell, and 11 rate it a hold.

TheStreet Ratings rates Red Hat 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, growth in earnings per share, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Red Hat 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, Citrix Systems ( CTXS) is down $1.91 (-2.6%) to $72.47 on heavy volume. Thus far, 1.7 million shares of Citrix Systems exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $71.71-$73.63 after having opened the day at $73.54 as compared to the previous trading day's close of $74.38.

Citrix Systems, Inc. provides cloud computing solutions that enable information technology (IT) and service providers to build private and public clouds worldwide. The company operates in two divisions, Enterprise and Online Services. Citrix Systems has a market cap of $14.3 billion and is part of the technology sector. Shares are up 15.9% year to date as of the close of trading on Monday. Currently there are 14 analysts that rate Citrix Systems a buy, 1 analyst rates it a sell, and 9 rate it a hold.

TheStreet Ratings rates Citrix Systems as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations, 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 lackluster performance in the stock itself. Get the full Citrix Systems 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, F5 Networks ( FFIV) is down $2.31 (-2.6%) to $86.86 on heavy volume. Thus far, 1.4 million shares of F5 Networks exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $86.05-$87.97 after having opened the day at $87.49 as compared to the previous trading day's close of $89.17.

F5 Networks, Inc. provides application delivery networking technology that secures and optimizes the delivery of network-based applications, and the security, performance, and availability of servers and other network resources. F5 Networks has a market cap of $7.3 billion and is part of the technology sector. Shares are down 3.6% year to date as of the close of trading on Monday. Currently there are 16 analysts that rate F5 Networks a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates F5 Networks 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 good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and premium valuation. Get the full F5 Networks 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, VMware ( VMW) is down $1.69 (-2.0%) to $83.64 on heavy volume. Thus far, 1.4 million shares of VMware exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $82.82-$84.60 after having opened the day at $84.50 as compared to the previous trading day's close of $85.33.

VMware, Inc. provides virtualization infrastructure solutions in the United States and internationally. VMware has a market cap of $11.3 billion and is part of the technology sector. Shares are down 7.0% year to date as of the close of trading on Monday. Currently there are 14 analysts that rate VMware a buy, 2 analysts rate it a sell, and 14 rate it a hold.

TheStreet Ratings rates VMware 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, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full VMware 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, Accenture ( ACN) is down $1.10 (-1.4%) to $75.26 on average volume. Thus far, 2.5 million shares of Accenture exchanged hands as compared to its average daily volume of 3.6 million shares. The stock has ranged in price between $74.81-$76.65 after having opened the day at $76.33 as compared to the previous trading day's close of $76.36.

Accenture plc provides management consulting, technology, and business process outsourcing services worldwide. Accenture has a market cap of $49.9 billion and is part of the technology sector. Shares are up 16.3% year to date as of the close of trading on Monday. Currently there are 12 analysts that rate Accenture a buy, 1 analyst rates it a sell, and 7 rate it a hold.

TheStreet Ratings rates Accenture 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, 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 shows low profit margins. Get the full Accenture 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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