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.

One out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 7 points (0.0%) at 17,620 as of Tuesday, Nov. 11, 2014, 12:00 PM ET. The NYSE advances/declines ratio sits at 1,391 issues advancing vs. 1,566 declining with 174 unchanged.

The Computer Software & Services industry currently sits down 0.2% versus the S&P 500, which is unchanged. On the negative front, top decliners within the industry include 3D Systems ( DDD), down 4.6%, AthenaHealth ( ATHN), down 1.9%, CA ( CA), down 1.0%, Wipro ( WIT), down 0.7% and Nielsen ( NLSN), down 0.5%.

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

3. Xerox Corporation ( XRX) is one of the companies pushing the Computer Software & Services industry higher today. As of noon trading, Xerox Corporation is up $0.13 (1.0%) to $13.50 on light volume. Thus far, 3.0 million shares of Xerox Corporation exchanged hands as compared to its average daily volume of 8.2 million shares. The stock has ranged in price between $13.40-$13.74 after having opened the day at $13.43 as compared to the previous trading day's close of $13.37.

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

Xerox Corporation provides business process and document management solutions worldwide. Xerox Corporation has a market cap of $15.4 billion and is part of the technology sector. Shares are up 9.9% year-to-date as of the close of trading on Monday. Currently there are 3 analysts who rate Xerox Corporation a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates Xerox Corporation as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, attractive 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 somewhat disappointing return on equity. Get the full Xerox Corporation 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, Rackspace Hosting ( RAX) is up $4.94 (13.2%) to $42.26 on heavy volume. Thus far, 7.1 million shares of Rackspace Hosting exchanged hands as compared to its average daily volume of 3.1 million shares. The stock has ranged in price between $39.52-$42.40 after having opened the day at $39.83 as compared to the previous trading day's close of $37.32.

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

Rackspace Hosting, Inc., through its subsidiaries, provides cloud computing services and managing Web-based IT systems for small and medium-sized businesses and large enterprises worldwide. Rackspace Hosting has a market cap of $5.4 billion and is part of the technology sector. Shares are down 4.6% year-to-date as of the close of trading on Monday. Currently there are 7 analysts who rate Rackspace Hosting a buy, 1 analyst rates it a sell, and 7 rate it a hold.

TheStreet Ratings rates Rackspace Hosting 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 a generally disappointing performance in the stock itself and disappointing return on equity. Get the full Rackspace Hosting 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, Intuit ( INTU) is up $0.82 (0.9%) to $90.70 on light volume. Thus far, 639,682 shares of Intuit exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $89.92-$90.91 after having opened the day at $90.00 as compared to the previous trading day's close of $89.88.

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 $25.4 billion and is part of the technology sector. Shares are up 17.8% year-to-date as of the close of trading on Monday. Currently there are 6 analysts who rate Intuit a buy, 1 analyst rates it a sell, and 5 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 good cash flow from operations. 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.

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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