3 Stocks Driving The Computer Software & Services 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.

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 17 points (-0.1%) at 17,039 as of Tuesday, July 15, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 915 issues advancing vs. 2,069 declining with 174 unchanged.

The Computer Software & Services industry currently sits down 0.8% versus the S&P 500, which is down 0.3%. On the negative front, top decliners within the industry include Electronic Arts ( EA), down 1.3%, SAP SE ( SAP), down 1.2% and Thomson Reuters ( TRI), down 0.8%.

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

3. Cerner ( CERN) is one of the companies pushing the Computer Software & Services industry higher today. As of noon trading, Cerner is up $1.63 (3.2%) to $52.91 on heavy volume. Thus far, 1.9 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 $51.28-$52.94 after having opened the day at $51.28 as compared to the previous trading day's close of $51.28.

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 $17.6 billion and is part of the technology sector. Shares are down 8.2% year-to-date as of the close of trading on Monday. Currently there are 14 analysts who 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, increase in net income, growth in earnings per share 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.

3x UPSIDE POTENTIAL: 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, F5 Networks ( FFIV) is up $1.85 (1.7%) to $111.69 on heavy volume. Thus far, 990,608 shares of F5 Networks exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $109.57-$111.69 after having opened the day at $111.06 as compared to the previous trading day's close of $109.84.

F5 Networks, Inc. develops, markets, and sells application delivery networking products that optimize the security, performance, and availability of network applications, servers, and storage systems. F5 Networks has a market cap of $8.3 billion and is part of the technology sector. Shares are up 20.9% year-to-date as of the close of trading on Monday. Currently there are 16 analysts who rate F5 Networks a buy, no analysts rate it a sell, and 13 rate it a hold.

TheStreet Ratings rates F5 Networks 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, notable return on equity, solid stock price performance and growth in earnings per share. 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 F5 Networks Ratings Report now.

3x UPSIDE POTENTIAL: 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, Symantec ( SYMC) is up $0.36 (1.6%) to $22.85 on light volume. Thus far, 2.2 million shares of Symantec exchanged hands as compared to its average daily volume of 6.6 million shares. The stock has ranged in price between $22.52-$22.94 after having opened the day at $22.52 as compared to the previous trading day's close of $22.50.

Symantec Corporation, together with its subsidiaries, provides security, backup, and availability solutions worldwide. Its products and services protect people and information in any environment from mobile devices and enterprise data centers to cloud-based systems. Symantec has a market cap of $15.6 billion and is part of the technology sector. Shares are down 4.6% year-to-date as of the close of trading on Monday. Currently there are 4 analysts who rate Symantec a buy, 2 analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates Symantec as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, attractive valuation levels, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Symantec Ratings Report now.

3x UPSIDE POTENTIAL: 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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