WIT, NUAN, CERN And SYMC, 4 Computer Software & Services Stocks Pushing The Industry Lower

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 21 points (0.1%) at 16,093 as of Tuesday, Nov. 26, 2013, 11:45 AM ET. The NYSE advances/declines ratio sits at 1,560 issues advancing vs. 1,331 declining with 131 unchanged.

The Computer Software & Services industry currently sits up 0.4% versus the S&P 500, which is up 0.1%. A company within the industry that fell today was Salesforce.com ( CRM), up 0.5%.

TheStreet would like to highlight 4 stocks pushing the industry lower today:

4. Wipro ( WIT) is one of the companies pushing the Computer Software & Services industry lower today. As of noon trading, Wipro is down $0.19 (-1.6%) to $11.35 on light volume. Thus far, 105,973 shares of Wipro exchanged hands as compared to its average daily volume of 807,600 shares. The stock has ranged in price between $11.33-$11.50 after having opened the day at $11.50 as compared to the previous trading day's close of $11.54.

Wipro Limited provides information technology (IT) products and services worldwide. It operates in two segments, IT Services and IT Products. Wipro has a market cap of $28.5 billion and is part of the technology sector. The company has a P/E ratio of 25.2, above the S&P 500 P/E ratio of 17.7. Shares are up 32.2% year to date as of the close of trading on Monday. Currently there are no analysts that rate Wipro a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates Wipro as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, notable return on equity, largely solid financial position with reasonable debt levels by most measures, growth in earnings per share and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Wipro 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, Nuance Communications ( NUAN) is down $2.39 (-14.9%) to $13.60 on heavy volume. Thus far, 28.5 million shares of Nuance Communications exchanged hands as compared to its average daily volume of 4.9 million shares. The stock has ranged in price between $13.45-$14.91 after having opened the day at $14.90 as compared to the previous trading day's close of $15.99.

Nuance Communications, Inc. provides voice and language solutions for businesses and consumers worldwide. Nuance Communications has a market cap of $5.1 billion and is part of the technology sector. The company has a P/E ratio of 148.8, above the S&P 500 P/E ratio of 17.7. Shares are down 26.7% year to date as of the close of trading on Monday. Currently there are 4 analysts that rate Nuance Communications a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Nuance Communications 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 notable return on equity. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. Get the full Nuance Communications 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, Cerner Corporation ( CERN) is down $0.66 (-1.1%) to $57.58 on light volume. Thus far, 331,424 shares of Cerner Corporation exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $57.54-$58.36 after having opened the day at $58.06 as compared to the previous trading day's close of $58.24.

Cerner Corporation designs, develops, markets, installs, hosts, and supports healthcare information technology, healthcare devices, hardware, and content solutions for healthcare organizations and consumers worldwide. Cerner Corporation has a market cap of $19.9 billion and is part of the technology sector. The company has a P/E ratio of 45.3, above the S&P 500 P/E ratio of 17.7. Shares are up 49.5% year to date as of the close of trading on Monday. Currently there are 9 analysts that rate Cerner Corporation a buy, 1 analyst rates it a sell, and 10 rate it a hold.

TheStreet Ratings rates Cerner Corporation 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, notable return on equity, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Cerner 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, Symantec ( SYMC) is down $0.20 (-0.9%) to $22.90 on average volume. Thus far, 2.9 million shares of Symantec exchanged hands as compared to its average daily volume of 7.4 million shares. The stock has ranged in price between $22.86-$23.26 after having opened the day at $23.08 as compared to the previous trading day's close of $23.10.

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 $16.2 billion and is part of the technology sector. The company has a P/E ratio of 20.3, above the S&P 500 P/E ratio of 17.7. Shares are up 24.0% year to date as of the close of trading on Monday. Currently there are 9 analysts that rate Symantec a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates Symantec as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, solid stock price performance, increase in net income, 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 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.

If you are interested in one of these 4 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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