3 Stocks Boosting The Computer Software & Services Industry Higher

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 72 points (0.4%) at 16,112 as of Thursday, Feb. 20, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,810 issues advancing vs. 1,095 declining with 165 unchanged.

The Computer Software & Services industry currently sits up 0.5% versus the S&P 500, which is up 0.3%. Top gainers within the industry include 3D Systems Corporation ( DDD), up 4.0%, Fidelity National Information Services ( FIS), up 1.0% and Cerner Corporation ( CERN), up 0.7%.

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

3. AVG Technologies ( AVG) is one of the companies pushing the Computer Software & Services industry higher today. As of noon trading, AVG Technologies is up $2.63 (15.2%) to $19.94 on heavy volume. Thus far, 1.8 million shares of AVG Technologies exchanged hands as compared to its average daily volume of 561,500 shares. The stock has ranged in price between $17.96-$20.40 after having opened the day at $18.43 as compared to the previous trading day's close of $17.31.

AVG Technologies N.V. engages in the development and sale of Internet security software and online service solutions under the AVG brand name. AVG Technologies has a market cap of $946.2 million and is part of the technology sector. Shares are up 1.0% year-to-date as of the close of trading on Wednesday. Currently there are 2 analysts who rate AVG Technologies a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates AVG Technologies as a hold. The company's strengths can be seen in multiple areas, such as its notable return on equity, solid stock price performance and revenue growth. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, generally higher debt management risk and weak operating cash flow. Get the full AVG Technologies Ratings Report now.

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2. As of noon trading, Citrix Systems ( CTXS) is up $1.82 (3.2%) to $59.06 on heavy volume. Thus far, 2.5 million shares of Citrix Systems exchanged hands as compared to its average daily volume of 3.0 million shares. The stock has ranged in price between $56.62-$59.34 after having opened the day at $57.31 as compared to the previous trading day's close of $57.24.

Citrix Systems, Inc. provides cloud computing solutions worldwide. The company operates in two divisions, Enterprise and Online Services. Citrix Systems has a market cap of $10.7 billion and is part of the technology sector. Shares are down 9.5% year-to-date as of the close of trading on Wednesday. Currently there are 14 analysts who rate Citrix Systems a buy, 1 analyst rates it a sell, and 10 rate it a hold.

TheStreet Ratings rates Citrix Systems as a hold. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and a generally disappointing performance in the stock itself. Get the full Citrix Systems Ratings Report now.

3x UPSIDE POTENTIAL: 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 up $0.98 (0.5%) to $183.92 on light volume. Thus far, 1.7 million shares of International Business Machines exchanged hands as compared to its average daily volume of 5.1 million shares. The stock has ranged in price between $182.79-$184.70 after having opened the day at $182.95 as compared to the previous trading day's close of $182.95.

International Business Machines Corporation provides information technology (IT) products and services worldwide. International Business Machines has a market cap of $198.9 billion and is part of the technology sector. Shares are down 2.3% year-to-date as of the close of trading on Wednesday. Currently there are 4 analysts who 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, increase in net income, good cash flow from operations 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.

3x UPSIDE POTENTIAL: 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).

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