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 78 points (0.5%) at 17,023 as of Friday, Sept. 26, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,765 issues advancing vs. 1,183 declining with 200 unchanged.

The Computer Software & Services industry currently sits up 0.6% versus the S&P 500, which is up 0.3%. Top gainers within the industry include Iron Mountain ( IRM), up 12.1%, Aspen Technology ( AZPN), up 4.5%, Verint Systems ( VRNT), up 3.4%, NetSuite ( N), up 2.8% and ServiceNow ( NOW), up 1.9%.

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

3. VMWare ( VMW) is one of the companies pushing the Computer Software & Services industry higher today. As of noon trading, VMWare is up $1.07 (1.1%) to $93.80 on light volume. Thus far, 596,105 shares of VMWare exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $92.25-$93.92 after having opened the day at $92.98 as compared to the previous trading day's close of $92.73.

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VMware, Inc. provides virtualization infrastructure solutions in the United States and internationally. VMWare has a market cap of $12.4 billion and is part of the technology sector. Shares are up 3.4% year-to-date as of the close of trading on Thursday. Currently there are 17 analysts who rate VMWare a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates VMWare 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, 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 VMWare 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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