5 Stocks Dragging 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 down today with the Dow Jones Industrial Average ( ^DJI) trading down 126 points (-0.8%) at 15,723 as of Friday, Jan. 31, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,087 issues advancing vs. 1,837 declining with 186 unchanged.

The Computer Software & Services industry currently sits down 0.4% versus the S&P 500, which is down 0.5%. On the negative front, top decliners within the industry include NetSuite ( N), down 7.8%, National Instruments Corporation ( NATI), down 6.0%, Nielsen Holdings ( NLSN), down 1.5%, Sap ( SAP), down 1.4% and Intuit ( INTU), down 1.2%.

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

5. Symantec ( SYMC) is one of the companies pushing the Computer Software & Services industry lower today. As of noon trading, Symantec is down $0.49 (-2.2%) to $21.89 on average volume. Thus far, 5.3 million shares of Symantec exchanged hands as compared to its average daily volume of 7.2 million shares. The stock has ranged in price between $21.87-$22.19 after having opened the day at $22.06 as compared to the previous trading day's close of $22.38.

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 $16.8 billion and is part of the technology sector. The company has a P/E ratio of 21.0, above the S&P 500 P/E ratio of 17.7. Shares are down 5.1% year-to-date as of the close of trading on Thursday. Currently there are 9 analysts that rate Symantec a buy, 1 analyst rates it a sell, and 7 rate it a hold.

TheStreet Ratings rates Symantec as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, reasonable valuation levels, good cash flow from operations, increase in stock price during the past year and growth in earnings per share. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Symantec Ratings Report now.

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4. As of noon trading, Cognizant Technology Solutions Corporation ( CTSH) is down $1.29 (-1.3%) to $97.31 on average volume. Thus far, 930,470 shares of Cognizant Technology Solutions Corporation exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $96.21-$97.36 after having opened the day at $96.74 as compared to the previous trading day's close of $98.60.

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 $29.0 billion and is part of the technology sector. The company has a P/E ratio of 24.6, above the S&P 500 P/E ratio of 17.7. Shares are down 2.4% year-to-date as of the close of trading on Thursday. Currently there are 13 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, impressive record of earnings per share growth, compelling growth in net income and good cash flow from operations. 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.

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, Accenture PLC Class A ( ACN) is down $1.15 (-1.4%) to $79.57 on light volume. Thus far, 1.1 million shares of Accenture PLC Class A exchanged hands as compared to its average daily volume of 3.4 million shares. The stock has ranged in price between $78.82-$80.01 after having opened the day at $80.00 as compared to the previous trading day's close of $80.72.

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 $51.2 billion and is part of the technology sector. The company has a P/E ratio of 16.0, below the S&P 500 P/E ratio of 17.7. Shares are down 2.3% year-to-date as of the close of trading on Thursday. Currently there are 9 analysts that rate Accenture PLC Class A a buy, no analysts rate it a sell, and 9 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, good cash flow from operations and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows low profit margins. 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.

2. As of noon trading, Oracle Corporation ( ORCL) is down $0.38 (-1.0%) to $37.02 on light volume. Thus far, 5.4 million shares of Oracle Corporation exchanged hands as compared to its average daily volume of 18.3 million shares. The stock has ranged in price between $36.68-$37.20 after having opened the day at $36.96 as compared to the previous trading day's close of $37.40.

Oracle Corporation develops, manufactures, markets, hosts, and supports database and middleware software, applications software, and hardware systems. Oracle Corporation has a market cap of $166.3 billion and is part of the technology sector. The company has a P/E ratio of 15.8, below the S&P 500 P/E ratio of 17.7. Shares are down 2.2% year-to-date as of the close of trading on Thursday. Currently there are 15 analysts that rate Oracle Corporation a buy, 1 analyst rates it a sell, and 7 rate it a hold.

TheStreet Ratings rates Oracle Corporation as a buy. The company's strengths can be seen in multiple areas, such as its notable return on equity, reasonable valuation levels, expanding profit margins, good cash flow from operations 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 Oracle 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, International Business Machines ( IBM) is down $1.02 (-0.6%) to $176.34 on light volume. Thus far, 1.7 million shares of International Business Machines exchanged hands as compared to its average daily volume of 5.2 million shares. The stock has ranged in price between $175.34-$176.65 after having opened the day at $176.11 as compared to the previous trading day's close of $177.36.

International Business Machines Corporation provides information technology (IT) products and services worldwide. International Business Machines has a market cap of $191.5 billion and is part of the technology sector. The company has a P/E ratio of 10.8, below the S&P 500 P/E ratio of 17.7. Shares are down 5.4% year-to-date as of the close of trading on Thursday. Currently there are 5 analysts that rate International Business Machines a buy, no analysts rate it a sell, and 12 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, good cash flow from operations, increase in net income and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. 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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