3 Computer Software & Services Stocks Nudging The Industry Higher

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One out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading down 16 points (-0.1%) at 16,836 as of Monday, June 30, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,605 issues advancing vs. 1,347 declining with 197 unchanged.

The Computer Software & Services industry currently sits up 0.6% versus the S&P 500, which is unchanged. A company within the industry that increased today was Oracle Corporation ( ORCL), up 0.5%.

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 $2.02 (2.3%) to $90.87 on light volume. Thus far, 868,432 shares of Workday exchanged hands as compared to its average daily volume of 2.9 million shares. The stock has ranged in price between $88.85-$91.10 after having opened the day at $88.96 as compared to the previous trading day's close of $88.85.

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 $8.4 billion and is part of the technology sector. Shares are up 6.8% 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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