3 Computer Software & Services Stocks Pushing The 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.

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 28 points (-0.2%) at 16,647 as of Wednesday, May 28, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,518 issues advancing vs. 1,472 declining with 153 unchanged.

The Computer Software & Services industry currently sits down 0.6% versus the S&P 500, which is unchanged. On the negative front, top decliners within the industry include 3D Systems ( DDD), down 10.7%, Infosys ( INFY), down 3.7% and Wipro ( WIT), down 0.8%.

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

3. Xerox Corporation ( XRX) is one of the companies pushing the Computer Software & Services industry higher today. As of noon trading, Xerox Corporation is up $0.13 (1.1%) to $12.28 on average volume. Thus far, 3.8 million shares of Xerox Corporation exchanged hands as compared to its average daily volume of 10.1 million shares. The stock has ranged in price between $12.06-$12.29 after having opened the day at $12.14 as compared to the previous trading day's close of $12.15.

Xerox Corporation provides business process and document management solutions worldwide. Xerox Corporation has a market cap of $14.1 billion and is part of the technology sector. Shares are down 0.2% year-to-date as of the close of trading on Tuesday. Currently there are 3 analysts who rate Xerox Corporation a buy, 2 analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Xerox Corporation as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, attractive valuation levels, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Xerox Corporation Ratings Report now.

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