3 Stocks Advancing 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.

Two out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 40 points (0.2%) at 17,108 as of Wednesday, Sept. 3, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,478 issues advancing vs. 1,497 declining with 182 unchanged.

The Computer Software & Services industry currently is unchanged today versus the S&P 500, which is up 0.1%. Top gainers within the industry include Catamaran ( CTRX), up 1.8%, and Wipro ( WIT), up 1.6%. A company within the industry that fell today was CDW ( CDW), up 4.0%.

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

3. Cerner ( CERN) is one of the companies pushing the Computer Software & Services industry higher today. As of noon trading, Cerner is up $1.39 (2.4%) to $59.45 on heavy volume. Thus far, 1.4 million shares of Cerner exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $58.12-$59.49 after having opened the day at $58.34 as compared to the previous trading day's close of $58.06.

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

Cerner Corporation designs, develops, markets, installs, hosts, and supports healthcare information technology, healthcare devices, hardware, and content solutions for healthcare organizations and consumers worldwide. Cerner has a market cap of $19.7 billion and is part of the technology sector. Shares are up 4.2% year-to-date as of the close of trading on Tuesday. Currently there are 14 analysts who rate Cerner a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates Cerner 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, solid stock price performance, increase in net income 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 Cerner 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, Activision Blizzard ( ATVI) is up $0.25 (1.1%) to $23.99 on heavy volume. Thus far, 4.9 million shares of Activision Blizzard exchanged hands as compared to its average daily volume of 6.0 million shares. The stock has ranged in price between $23.77-$24.07 after having opened the day at $23.77 as compared to the previous trading day's close of $23.74.

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

Activision Blizzard, Inc. publishes online, personal computer (PC), video game console, handheld, mobile, and tablet games. The company operates through three segments: Activision, Blizzard, and Distribution. Activision Blizzard has a market cap of $16.9 billion and is part of the technology sector. Shares are up 33.1% year-to-date as of the close of trading on Tuesday. Currently there are 19 analysts who rate Activision Blizzard a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Activision Blizzard as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, reasonable valuation levels, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Activision Blizzard 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, Accenture ( ACN) is up $0.69 (0.8%) to $81.81 on average volume. Thus far, 947,717 shares of Accenture exchanged hands as compared to its average daily volume of 2.4 million shares. The stock has ranged in price between $81.30-$81.94 after having opened the day at $81.55 as compared to the previous trading day's close of $81.12.

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

Accenture plc provides management consulting, technology, and business process outsourcing (BPO) services worldwide. The company operates through Communications, Media & Technology; Financial Services; Health & Public Service; Products; and Resources segments. Accenture has a market cap of $51.2 billion and is part of the technology sector. Shares are down 1.3% year-to-date as of the close of trading on Tuesday. Currently there are 8 analysts who rate Accenture a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Accenture 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, increase in stock price during the past year, increase in net income and growth in earnings per share. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Accenture 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).

null

More from Markets

Global Stocks Slide as Trump's New Trade War Salvo Ignites Fresh Concern

Global Stocks Slide as Trump's New Trade War Salvo Ignites Fresh Concern

Trump Tariff Threat, Deutsche Bank, Elon Musk and Apple - 5 Things You Must Know

Trump Tariff Threat, Deutsche Bank, Elon Musk and Apple - 5 Things You Must Know

Automakers Slump as Trump Launches National Security Probe into US Car Imports

Automakers Slump as Trump Launches National Security Probe into US Car Imports

Deutsche Bank Confirms Massive Job Cuts as New CEO Christian Sewing Plants Flag

Deutsche Bank Confirms Massive Job Cuts as New CEO Christian Sewing Plants Flag

Carnival CEO Arnold Donald: China Will Become the Largest Cruise Market

Carnival CEO Arnold Donald: China Will Become the Largest Cruise Market