3 Stocks Dragging In The Computer Software & Services Industry

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.

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 22 points (-0.1%) at 16,065 as of Monday, Dec. 2, 2013, 11:45 AM ET. The NYSE advances/declines ratio sits at 1,030 issues advancing vs. 1,883 declining with 116 unchanged.

The Computer Software & Services industry currently is unchanged today versus the S&P 500, which is unchanged.

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

3. Sap ( SAP) is one of the companies pushing the Computer Software & Services industry lower today. As of noon trading, Sap is down $0.76 (-0.9%) to $81.96 on light volume. Thus far, 131,117 shares of Sap exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $81.78-$82.16 after having opened the day at $82.14 as compared to the previous trading day's close of $82.72.

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 $99.5 billion and is part of the technology sector. The company has a P/E ratio of 22.2, above the S&P 500 P/E ratio of 17.7. Shares are up 2.9% year to date as of the close of trading on Friday. Currently there are 6 analysts that rate Sap a buy, 2 analysts rate it a sell, and 7 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, compelling growth in net income, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Sap 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, Accenture PLC Class A ( ACN) is down $0.93 (-1.2%) to $76.54 on light volume. Thus far, 883,239 shares of Accenture PLC Class A exchanged hands as compared to its average daily volume of 3.2 million shares. The stock has ranged in price between $76.46-$77.64 after having opened the day at $77.42 as compared to the previous trading day's close of $77.47.

Accenture plc provides management consulting, technology, and business process outsourcing (BPO) services worldwide. The company operates through Communications, Media & Technology; Financial Services; Health & Public Service; Products; and Resources segments. Accenture PLC Class A has a market cap of $49.3 billion and is part of the technology sector. The company has a P/E ratio of 15.7, below the S&P 500 P/E ratio of 17.7. Shares are up 16.7% year to date as of the close of trading on Friday. Currently there are 12 analysts that rate Accenture PLC Class A a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Accenture PLC Class A 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, compelling growth in net income and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Accenture PLC Class A 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 $1.53 (-0.8%) to $178.15 on light volume. Thus far, 1.5 million shares of International Business Machines exchanged hands as compared to its average daily volume of 4.8 million shares. The stock has ranged in price between $177.78-$179.59 after having opened the day at $179.46 as compared to the previous trading day's close of $179.68.

International Business Machines Corporation provides information technology (IT) products and services worldwide. International Business Machines has a market cap of $194.3 billion and is part of the technology sector. The company has a P/E ratio of 12.4, below the S&P 500 P/E ratio of 17.7. Shares are down 6.6% 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 growth in earnings per share, notable return on equity, expanding profit margins and increase in net income. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. 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 3 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).
null

If you liked this article you might like

3 Software Firms That Look Especially Attractive Now as Takeover Candidates

3 Software Firms That Look Especially Attractive Now as Takeover Candidates

Dow Tumbles 362 Points; S&P 500 and Nasdaq Also Finish Lower

Dow Tumbles 362 Points; S&P 500 and Nasdaq Also Finish Lower

The 25 Biggest Tech Stories of 2017

The 25 Biggest Tech Stories of 2017

Bitcoin Plays Continue Rising; BlackBerry's Comeback Takes Shape -- ICYMI

Bitcoin Plays Continue Rising; BlackBerry's Comeback Takes Shape -- ICYMI

BlackBerry Is Starting to Look Like the Last Company CEO John Chen Turned Around

BlackBerry Is Starting to Look Like the Last Company CEO John Chen Turned Around