3 Stocks Underperforming Today In The Computer Software & Services Industry

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%. 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%. Top gainers within the industry include SolarWinds ( SWI), up 9.9%, Wipro ( WIT), up 1.6% and Salesforce.com ( CRM), up 1.1%.

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

3. Autodesk ( ADSK) is one of the companies pushing the Computer Software & Services industry lower today. As of noon trading, Autodesk is down $0.70 (-1.2%) to $55.30 on light volume. Thus far, 602,418 shares of Autodesk exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $55.26-$55.96 after having opened the day at $55.82 as compared to the previous trading day's close of $56.00.

Autodesk, Inc. operates as a design software and services company worldwide. Autodesk has a market cap of $12.7 billion and is part of the technology sector. Shares are up 11.3% year-to-date as of the close of trading on Thursday. Currently there are 9 analysts that rate Autodesk a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Autodesk as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow. Get the full Autodesk 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, Symantec ( SYMC) is down $0.21 (-0.9%) to $23.66 on light volume. Thus far, 1.2 million shares of Symantec exchanged hands as compared to its average daily volume of 6.3 million shares. The stock has ranged in price between $23.59-$23.82 after having opened the day at $23.82 as compared to the previous trading day's close of $23.87.

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 $16.2 billion and is part of the technology sector. Shares are up 1.2% year-to-date as of the close of trading on Thursday. Currently there are 4 analysts that 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.

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, Activision Blizzard ( ATVI) is down $0.22 (-0.9%) to $22.97 on light volume. Thus far, 2.1 million shares of Activision Blizzard exchanged hands as compared to its average daily volume of 6.8 million shares. The stock has ranged in price between $22.91-$23.38 after having opened the day at $23.10 as compared to the previous trading day's close of $23.19.

Activision Blizzard, Inc. publishes online, personal computer (PC), video game console, handheld, mobile, and tablet games. The company operates through three segments: Activision, Blizzard, and Distribution. Activision Blizzard has a market cap of $16.5 billion and is part of the technology sector. Shares are up 30.1% year-to-date as of the close of trading on Thursday. Currently there are 16 analysts that rate Activision Blizzard a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Activision Blizzard as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, attractive valuation levels, expanding profit margins, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Activision Blizzard 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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