3 Stocks Moving The Computer Software & Services Industry Upward

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 30 points (0.2%) at 16,949 as of Wednesday, Aug. 20, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,346 issues advancing vs. 1,589 declining with 185 unchanged.

The Computer Software & Services industry currently sits down 0.2% versus the S&P 500, which is up 0.1%.

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

3. Nielsen ( NLSN) is one of the companies pushing the Computer Software & Services industry higher today. As of noon trading, Nielsen is up $0.56 (1.2%) to $48.67 on light volume. Thus far, 415,864 shares of Nielsen exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $47.99-$48.68 after having opened the day at $48.19 as compared to the previous trading day's close of $48.11.

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

Nielsen N.V. provides media and marketing information, analytics, and industry expertise about what consumers watch and listen. The company operates in two segments, Buy and Watch. Nielsen has a market cap of $18.3 billion and is part of the technology sector. Shares are up 4.8% year-to-date as of the close of trading on Tuesday. Currently there are 10 analysts who rate Nielsen a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates Nielsen as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, good cash flow from operations, expanding profit margins 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 Nielsen 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, Infosys ( INFY) is up $0.56 (1.0%) to $58.67 on light volume. Thus far, 408,174 shares of Infosys exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $58.23-$58.88 after having opened the day at $58.32 as compared to the previous trading day's close of $58.11.

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

Infosys Limited provides business consulting, technology, engineering, and outsourcing services worldwide. Infosys has a market cap of $33.4 billion and is part of the technology sector. Shares are up 2.7% year-to-date as of the close of trading on Tuesday. Currently there are 3 analysts who rate Infosys a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Infosys as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Infosys 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, F5 Networks ( FFIV) is up $3.17 (2.6%) to $123.19 on heavy volume. Thus far, 1.5 million shares of F5 Networks exchanged hands as compared to its average daily volume of 1.0 million shares. The stock has ranged in price between $119.62-$123.19 after having opened the day at $121.45 as compared to the previous trading day's close of $120.02.

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

F5 Networks, Inc. develops, markets, and sells application delivery networking products that optimize the security, performance, and availability of network applications, servers, and storage systems. F5 Networks has a market cap of $8.6 billion and is part of the technology sector. Shares are up 32.1% year-to-date as of the close of trading on Tuesday. Currently there are 16 analysts who rate F5 Networks a buy, no analysts rate it a sell, and 13 rate it a hold.

TheStreet Ratings rates F5 Networks as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, growth in earnings per share and good cash flow from operations. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. Get the full F5 Networks 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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