3 Computer Software & Services Stocks Pushing Industry Growth

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 up today with the Dow Jones Industrial Average ( ^DJI) trading up 45 points (0.3%) at 16,697 as of Thursday, Aug. 14, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 2,017 issues advancing vs. 963 declining with 158 unchanged.

The Computer Software & Services industry currently sits down 0.1% versus the S&P 500, which is up 0.3%. Top gainers within the industry include Syntel ( SYNT), up 3.6%, NCR ( NCR), up 2.2%, Salesforce.com ( CRM), up 1.1%, Iron Mountain ( IRM), up 1.0% and Thomson Reuters ( TRI), up 0.7%. A company within the industry that fell today was Advent Software ( ADVS), up 4.5%.

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

3. Autodesk ( ADSK) is one of the companies pushing the Computer Software & Services industry higher today. As of noon trading, Autodesk is up $0.94 (1.7%) to $56.73 on average volume. Thus far, 1.0 million shares of Autodesk exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $55.35-$56.76 after having opened the day at $55.35 as compared to the previous trading day's close of $55.79.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Autodesk, Inc. operates as a design software and services company worldwide. Autodesk has a market cap of $12.4 billion and is part of the technology sector. Shares are up 8.6% year-to-date as of the close of trading on Wednesday. Currently there are 9 analysts who 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.

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