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

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 125 points (-0.7%) at 16,959 as of Friday, July 25, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 982 issues advancing vs. 1,968 declining with 163 unchanged.

The Computer Software & Services industry currently sits down 0.5% versus the S&P 500, which is down 0.5%. Top gainers within the industry include SolarWinds ( SWI), up 9.9%, Wipro ( WIT), up 1.6% and Salesforce.com ( CRM), up 1.1%. On the negative front, top decliners within the industry include Informatica ( INFA), down 12.9%, Electronic Arts ( EA), down 1.9%, SAP SE ( SAP), down 1.4%, Infosys ( INFY), down 1.1% and Adobe Systems ( ADBE), down 0.5%.

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

3. Xerox Corporation ( XRX) is one of the companies pushing the Computer Software & Services industry higher today. As of noon trading, Xerox Corporation is up $0.26 (2.0%) to $13.10 on heavy volume. Thus far, 7.9 million shares of Xerox Corporation exchanged hands as compared to its average daily volume of 7.9 million shares. The stock has ranged in price between $12.60-$13.29 after having opened the day at $12.75 as compared to the previous trading day's close of $12.84.

Xerox Corporation provides business process and document management solutions worldwide. Xerox Corporation has a market cap of $14.9 billion and is part of the technology sector. Shares are up 5.5% year-to-date as of the close of trading on Thursday. Currently there are 3 analysts who rate Xerox Corporation a buy, 2 analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Xerox Corporation as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, attractive valuation levels, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Xerox Corporation 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 liked this article you might like

Someone Has Been Buying Xerox Aggressively

The Truth Behind Middle America's Resentment of Cosmopolitan 'Elites'

The Retail Apocalypse Is About to Descend on Wall Street This Coming Week