Computer Software & Services Stocks On The Rise With Help From 3 Stocks

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All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 29 points (-0.2%) at 16,918 as of Monday, June 23, 2014, 1:00 PM ET. The NYSE advances/declines ratio sits at 1,480 issues advancing vs. 1,509 declining with 147 unchanged.

The Computer Software & Services industry currently is unchanged today versus the S&P 500, which is down 0.1%. Top gainers within the industry include 3D Systems ( DDD), up 5.6%, Splunk ( SPLK), up 3.3% and Xerox Corporation ( XRX), up 0.9%. On the negative front, top decliners within the industry include Wipro ( WIT), down 1.5%, IHS ( IHS), down 1.2% and Qihoo 360 Technology ( QIHU), down 1.1%.

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

3. Workday ( WDAY) is one of the companies pushing the Computer Software & Services industry higher today. As of noon trading, Workday is up $1.47 (1.7%) to $86.33 on light volume. Thus far, 872,196 shares of Workday exchanged hands as compared to its average daily volume of 2.9 million shares. The stock has ranged in price between $84.86-$86.74 after having opened the day at $85.08 as compared to the previous trading day's close of $84.86.

Workday, Inc. provides enterprise cloud applications for global human resources and finance in the United States and internationally. It offers applications for customers to manage critical business functions that enable them to optimize their financial and human capital resources. Workday has a market cap of $8.2 billion and is part of the technology sector. Shares are up 2.0% year-to-date as of the close of trading on Friday. Currently there are 10 analysts who rate Workday a buy, no analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates Workday as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income and feeble growth in its earnings per share. Get the full Workday Ratings Report now.

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