3 Stocks Dragging In The Computer Software & Services Industry

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 16 points (0.1%) at 16,738 as of Wednesday, June 4, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,399 issues advancing vs. 1,611 declining with 145 unchanged.

The Computer Software & Services industry currently sits up 0.1% versus the S&P 500, which is up 0.1%. A company within the industry that fell today was Sap ( SAP), up 1.2%. Top gainers within the industry include NQ Mobile ( NQ), up 35.6%, Open Text ( OTEX), up 2.5% and Salesforce.com ( CRM), up 0.9%.

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

3. Infosys ( INFY) is one of the companies pushing the Computer Software & Services industry lower today. As of noon trading, Infosys is down $0.58 (-1.1%) to $51.40 on average volume. Thus far, 675,565 shares of Infosys exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $51.04-$51.63 after having opened the day at $51.54 as compared to the previous trading day's close of $51.97.

Infosys Limited provides business consulting, technology, engineering, and outsourcing services worldwide. Infosys has a market cap of $30.0 billion and is part of the technology sector. Shares are down 8.2% year-to-date as of the close of trading on Tuesday. Currently there are 3 analysts that rate Infosys a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Infosys 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, reasonable valuation levels, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Infosys 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, AthenaHealth ( ATHN) is down $3.32 (-2.6%) to $125.71 on light volume. Thus far, 286,560 shares of AthenaHealth exchanged hands as compared to its average daily volume of 961,000 shares. The stock has ranged in price between $125.37-$128.94 after having opened the day at $128.40 as compared to the previous trading day's close of $129.03.

athenahealth, Inc., a business services company, provides ongoing billing, clinical-related, and other related services to medical group practices primarily in the United States. The company provides services through the athenaNet, a proprietary Internet-based practice management application. AthenaHealth has a market cap of $4.8 billion and is part of the technology sector. Shares are down 4.1% year-to-date as of the close of trading on Tuesday. Currently there are 10 analysts that rate AthenaHealth a buy, 2 analysts rate it a sell, and 15 rate it a hold.

TheStreet Ratings rates AthenaHealth 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 AthenaHealth 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, Automatic Data Processing ( ADP) is down $0.50 (-0.6%) to $78.21 on average volume. Thus far, 1.1 million shares of Automatic Data Processing exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $78.08-$78.49 after having opened the day at $78.33 as compared to the previous trading day's close of $78.71.

Automatic Data Processing, Inc., together with its subsidiaries, provides technology-based outsourcing solutions to employers and vehicle retailers and manufacturers worldwide. Automatic Data Processing has a market cap of $38.3 billion and is part of the technology sector. Shares are down 2.6% year-to-date as of the close of trading on Tuesday. Currently there are 5 analysts that rate Automatic Data Processing a buy, 2 analysts rate it a sell, and 13 rate it a hold.

TheStreet Ratings rates Automatic Data Processing as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, good cash flow from operations, growth in earnings per share and increase in stock price during the past year. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full Automatic Data Processing 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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