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 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 lower today:

3. Concur Technologies ( CNQR) is one of the companies pushing the Computer Software & Services industry lower today. As of noon trading, Concur Technologies is down $2.04 (-1.6%) to $124.62 on light volume. Thus far, 150,158 shares of Concur Technologies exchanged hands as compared to its average daily volume of 570,800 shares. The stock has ranged in price between $123.94-$127.11 after having opened the day at $126.87 as compared to the previous trading day's close of $126.66.

Concur Technologies, Inc. provides integrated travel and expense management solutions for companies worldwide. Concur Technologies has a market cap of $7.3 billion and is part of the technology sector. Shares are up 24.1% year-to-date as of the close of trading on Wednesday. Currently there are 7 analysts that rate Concur Technologies a buy, 3 analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Concur Technologies as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and feeble growth in the company's earnings per share. Get the full Concur Technologies 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, Autodesk ( ADSK) is down $0.57 (-1.1%) to $53.90 on light volume. Thus far, 769,041 shares of Autodesk exchanged hands as compared to its average daily volume of 2.6 million shares. The stock has ranged in price between $53.60-$54.65 after having opened the day at $54.37 as compared to the previous trading day's close of $54.47.

Autodesk, Inc. operates as a design software and services company worldwide. Autodesk has a market cap of $12.3 billion and is part of the technology sector. Shares are up 8.3% year-to-date as of the close of trading on Wednesday. Currently there are 7 analysts that rate Autodesk a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Autodesk as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth, solid stock price performance, growth in earnings per share and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Autodesk 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, Salesforce.com ( CRM) is down $0.82 (-1.3%) to $62.20 on light volume. Thus far, 1.6 million shares of Salesforce.com exchanged hands as compared to its average daily volume of 4.8 million shares. The stock has ranged in price between $62.01-$63.25 after having opened the day at $63.21 as compared to the previous trading day's close of $63.02.

salesforce.com, inc. provides enterprise cloud computing solutions to various businesses and industries worldwide. Salesforce.com has a market cap of $38.4 billion and is part of the technology sector. Shares are up 15.5% year-to-date as of the close of trading on Wednesday. Currently there are 22 analysts that rate Salesforce.com a buy, 1 analyst rates it a sell, and 3 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, solid stock price performance and compelling growth in net income. However, as a counter to these strengths, we find that the company has favored debt over equity in the management of its balance sheet. 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.

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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