3 Computer Software & Services Stocks Pushing The Industry Higher

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All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 105 points (0.6%) at 16,554 as of Tuesday, April 22, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 2,226 issues advancing vs. 749 declining with 155 unchanged.

The Computer Software & Services industry currently sits up 0.9% versus the S&P 500, which is up 0.6%. Top gainers within the industry include Workday ( WDAY), up 3.7%, ServiceNow ( NOW), up 3.0%, NCR Corporation ( NCR), up 2.9%, NetSuite ( N), up 2.9% and Splunk ( SPLK), up 2.3%. A company within the industry that fell today was AthenaHealth ( ATHN), up 4.3%.

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

3. 3D Systems Corporation ( DDD) is one of the companies pushing the Computer Software & Services industry higher today. As of noon trading, 3D Systems Corporation is up $3.30 (6.7%) to $52.36 on average volume. Thus far, 2.8 million shares of 3D Systems Corporation exchanged hands as compared to its average daily volume of 6.0 million shares. The stock has ranged in price between $49.12-$52.85 after having opened the day at $49.57 as compared to the previous trading day's close of $49.06.

3D Systems Corporation, through its subsidiaries, operates as a provider of 3D printing centric design-to-manufacturing solutions in the United States, Germany, the Asia-Pacific, and other European countries. 3D Systems Corporation has a market cap of $5.0 billion and is part of the technology sector. Shares are down 47.2% year-to-date as of the close of trading on Monday. Currently there are 8 analysts who rate 3D Systems Corporation a buy, 2 analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates 3D Systems Corporation as a hold. 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 and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, premium valuation and weak operating cash flow. Get the full 3D Systems Corporation Ratings Report now.

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