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.

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