3 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 up today with the Dow Jones Industrial Average ( ^DJI) trading up 31 points (0.2%) at 16,096 as of Monday, Nov. 25, 2013, 11:45 AM ET. The NYSE advances/declines ratio sits at 1,434 issues advancing vs. 1,496 declining with 119 unchanged.

The Computer Software & Services industry currently sits down 0.2% versus the S&P 500, which is up 0.1%. A company within the industry that fell today was 3D Systems Corporation ( DDD), up 3.4%.

TheStreet would like to highlight 3 stocks pushing the industry lower today:

3. Infosys ( INFY) is one of the companies pushing the Computer Software & Services industry lower today. As of noon trading, Infosys is down $0.43 (-0.8%) to $53.49 on light volume. Thus far, 245,457 shares of Infosys exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $53.20-$53.65 after having opened the day at $53.65 as compared to the previous trading day's close of $53.92.

Infosys Limited provides business consulting, technology, engineering, and outsourcing services worldwide. Infosys has a market cap of $30.6 billion and is part of the technology sector. The company has a P/E ratio of 17.8, above the S&P 500 P/E ratio of 17.7. Shares are up 27.5% year to date as of the close of trading on Friday. Currently there are 4 analysts that rate Infosys a buy, 1 analyst rates it a sell, and 9 rate it a hold.

TheStreet Ratings rates Infosys as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, increase in stock price during the past year, largely solid financial position with reasonable debt levels by most measures and notable return on equity. 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 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.

2. As of noon trading, Salesforce.com ( CRM) is down $2.27 (-4.2%) to $52.42 on heavy volume. Thus far, 4.4 million shares of Salesforce.com exchanged hands as compared to its average daily volume of 5.6 million shares. The stock has ranged in price between $51.85-$54.14 after having opened the day at $53.77 as compared to the previous trading day's close of $54.69.

salesforce.com, inc. provides enterprise cloud computing solutions to various businesses and industries worldwide. Salesforce.com has a market cap of $32.4 billion and is part of the technology sector. Shares are up 30.1% year to date as of the close of trading on Friday. Currently there are 23 analysts that rate Salesforce.com a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates Salesforce.com as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations and compelling growth in net income. However, as a counter to these strengths, we find that the growth in the company's earnings per share has not been good. Get the full Salesforce.com 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, International Business Machines ( IBM) is down $2.09 (-1.1%) to $179.21 on heavy volume. Thus far, 3.6 million shares of International Business Machines exchanged hands as compared to its average daily volume of 4.6 million shares. The stock has ranged in price between $177.82-$180.75 after having opened the day at $180.18 as compared to the previous trading day's close of $181.30.

International Business Machines Corporation provides information technology (IT) products and services worldwide. International Business Machines has a market cap of $199.9 billion and is part of the technology sector. The company has a P/E ratio of 12.8, below the S&P 500 P/E ratio of 17.7. Shares are down 5.3% year to date as of the close of trading on Friday. Currently there are 7 analysts that rate International Business Machines a buy, no analysts rate it a sell, and 13 rate it a hold.

TheStreet Ratings rates International Business Machines as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, notable return on equity, expanding profit margins, growth in earnings per share 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 International Business Machines 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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