3 Stocks Boosting The Computer Software & Services Industry Higher

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All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 28 points (-0.2%) at 17,094 as of Thursday, Aug. 28, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,204 issues advancing vs. 1,745 declining with 194 unchanged.

The Computer Software & Services industry currently sits down 0.3% versus the S&P 500, which is down 0.1%.

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

3. Wipro ( WIT) is one of the companies pushing the Computer Software & Services industry higher today. As of noon trading, Wipro is up $0.17 (1.4%) to $12.05 on average volume. Thus far, 347,318 shares of Wipro exchanged hands as compared to its average daily volume of 560,700 shares. The stock has ranged in price between $11.85-$12.10 after having opened the day at $11.88 as compared to the previous trading day's close of $11.88.

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

Wipro Limited provides information technology (IT) products and services worldwide. It operates in two segments, IT Services and IT Products. Wipro has a market cap of $28.6 billion and is part of the technology sector. Shares are down 5.6% year-to-date as of the close of trading on Wednesday. Currently there are no analysts who rate Wipro a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Wipro 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, impressive record of earnings per share growth, increase in net income and reasonable valuation levels. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full Wipro 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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