WDAY, ADBE And CRM, 3 Computer Software & Services Stocks Pushing The 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 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 lower today:

3. Workday ( WDAY) is one of the companies pushing the Computer Software & Services industry lower today. As of noon trading, Workday is down $1.82 (-2.2%) to $79.70 on light volume. Thus far, 876,261 shares of Workday exchanged hands as compared to its average daily volume of 2.6 million shares. The stock has ranged in price between $78.84-$82.04 after having opened the day at $81.51 as compared to the previous trading day's close of $81.52.

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 $7.6 billion and is part of the technology sector. Shares are down 2.0% year-to-date as of the close of trading on Monday. Currently there are 10 analysts that 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.

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, Adobe Systems ( ADBE) is down $0.54 (-0.7%) to $72.34 on average volume. Thus far, 1.4 million shares of Adobe Systems exchanged hands as compared to its average daily volume of 3.2 million shares. The stock has ranged in price between $71.87-$73.11 after having opened the day at $72.80 as compared to the previous trading day's close of $72.88.

Adobe Systems Incorporated operates as a diversified software company worldwide. It operates in three segments: Digital Media, Digital Marketing, and Print and Publishing. Adobe Systems has a market cap of $35.9 billion and is part of the technology sector. Shares are up 21.7% year-to-date as of the close of trading on Monday. Currently there are 10 analysts that rate Adobe Systems a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Adobe Systems as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Adobe Systems 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, Salesforce.com ( CRM) is down $0.96 (-1.8%) to $53.77 on average volume. Thus far, 2.4 million shares of Salesforce.com exchanged hands as compared to its average daily volume of 6.1 million shares. The stock has ranged in price between $53.16-$54.96 after having opened the day at $54.77 as compared to the previous trading day's close of $54.73.

salesforce.com, inc. provides enterprise cloud computing solutions to various businesses and industries worldwide. Salesforce.com has a market cap of $33.3 billion and is part of the technology sector. Shares are down 0.8% year-to-date as of the close of trading on Monday. Currently there are 25 analysts that rate Salesforce.com a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates Salesforce.com 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 unimpressive growth in net income and generally higher debt management risk. Get the full Salesforce.com 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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