3 Stocks Pushing The Computer Software & Services Industry Lower

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 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%. 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%. Top gainers within the industry include 3D Systems ( DDD), up 5.6%, Splunk ( SPLK), up 3.3% and Xerox Corporation ( XRX), up 0.9%.

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

3. Cerner ( CERN) is one of the companies pushing the Computer Software & Services industry lower today. As of noon trading, Cerner is down $0.43 (-0.8%) to $51.69 on average volume. Thus far, 1.1 million shares of Cerner exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $51.40-$52.20 after having opened the day at $52.15 as compared to the previous trading day's close of $52.12.

Cerner Corporation designs, develops, markets, installs, hosts, and supports healthcare information technology, healthcare devices, hardware, and content solutions for healthcare organizations and consumers worldwide. Cerner has a market cap of $17.9 billion and is part of the technology sector. Shares are down 6.5% year-to-date as of the close of trading on Friday. Currently there are 14 analysts that rate Cerner a buy, 1 analyst rates it a sell, and 8 rate it a hold.

TheStreet Ratings rates Cerner 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, growth in earnings per share, increase in net income and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Cerner 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, Automatic Data Processing ( ADP) is down $0.49 (-0.6%) to $78.96 on light volume. Thus far, 436,435 shares of Automatic Data Processing exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $78.87-$79.59 after having opened the day at $79.36 as compared to the previous trading day's close of $79.45.

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 $37.8 billion and is part of the technology sector. Shares are down 1.7% year-to-date as of the close of trading on Friday. 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 largely solid financial position with reasonable debt levels by most measures. 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.

1. As of noon trading, Accenture ( ACN) is down $0.49 (-0.6%) to $82.64 on average volume. Thus far, 1.5 million shares of Accenture exchanged hands as compared to its average daily volume of 2.9 million shares. The stock has ranged in price between $82.16-$82.98 after having opened the day at $82.89 as compared to the previous trading day's close of $83.13.

Accenture plc provides management consulting, technology, and business process outsourcing (BPO) services worldwide. The company operates through Communications, Media & Technology; Financial Services; Health & Public Service; Products; and Resources segments. Accenture has a market cap of $52.6 billion and is part of the technology sector. Shares are up 1.1% year-to-date as of the close of trading on Friday. Currently there are 8 analysts that rate Accenture a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Accenture 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 and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Accenture 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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