3 Stocks Boosting The Computer Software & Services Industry Higher

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 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.

2. As of noon trading, Intuit ( INTU) is up $0.82 (1.0%) to $83.48 on average volume. Thus far, 862,071 shares of Intuit exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $82.21-$83.59 after having opened the day at $82.59 as compared to the previous trading day's close of $82.66.

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

Intuit Inc. provides business and financial management solutions for small businesses, consumers, and accounting professionals in the United States, Canada, the United Kingdom, Australia, India, and Singapore. Intuit has a market cap of $23.5 billion and is part of the technology sector. Shares are up 8.3% year-to-date as of the close of trading on Wednesday. Currently there are 6 analysts who rate Intuit a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Intuit 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, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Intuit 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, 3D Systems ( DDD) is up $1.11 (2.1%) to $53.78 on average volume. Thus far, 2.3 million shares of 3D Systems exchanged hands as compared to its average daily volume of 3.8 million shares. The stock has ranged in price between $51.64-$54.24 after having opened the day at $52.38 as compared to the previous trading day's close of $52.67.

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

3D Systems Corporation, through its subsidiaries, operates as a provider of 3D printing centric design-to-manufacturing solutions in the United States, Germany, the Asia-Pacific, and other European countries. 3D Systems has a market cap of $5.7 billion and is part of the technology sector. Shares are down 43.3% year-to-date as of the close of trading on Wednesday. Currently there are 7 analysts who rate 3D Systems a buy, 2 analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates 3D Systems as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and relatively poor performance when compared with the S&P 500 during the past year. Get the full 3D Systems 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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