3 Computer Software & Services Stocks Driving The 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 7 points (0.0%) at 17,628 as of Monday, Nov. 17, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,137 issues advancing vs. 1,826 declining with 176 unchanged.

The Computer Software & Services industry currently sits down 1.1% versus the S&P 500, which is down 0.2%.

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

3. Catamaran ( CTRX) is one of the companies pushing the Computer Software & Services industry higher today. As of noon trading, Catamaran is up $0.79 (1.6%) to $49.23 on light volume. Thus far, 422,954 shares of Catamaran exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $48.29-$49.39 after having opened the day at $48.34 as compared to the previous trading day's close of $48.44.

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

Catamaran Corporation provides pharmacy benefit management (PBM) services and healthcare information technology (HCIT) solutions to the healthcare benefits management industry in North America. The company operates in two segments: PBM and HCIT. Catamaran has a market cap of $10.0 billion and is part of the health care sector. Shares are up 2.1% year-to-date as of the close of trading on Friday. Currently there are 14 analysts who rate Catamaran a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Catamaran as a buy. 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, growth in earnings per share, increase in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Catamaran 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, SAP SE ( SAP) is up $0.51 (0.8%) to $67.39 on light volume. Thus far, 437,675 shares of SAP SE exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $66.98-$67.62 after having opened the day at $67.05 as compared to the previous trading day's close of $66.88.

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

SAP AG provides enterprise application software and software-related services worldwide. SAP SE has a market cap of $79.6 billion and is part of the technology sector. Shares are down 23.2% year-to-date as of the close of trading on Friday. Currently there are 4 analysts who rate SAP SE a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates SAP SE as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, 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 SAP SE 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, Infosys ( INFY) is up $0.50 (0.7%) to $68.34 on light volume. Thus far, 373,677 shares of Infosys exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $67.94-$68.89 after having opened the day at $68.00 as compared to the previous trading day's close of $67.84.

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

Infosys Limited provides business consulting, technology, engineering, and outsourcing services worldwide. Infosys has a market cap of $38.8 billion and is part of the technology sector. Shares are up 19.9% year-to-date as of the close of trading on Friday. Currently there are 3 analysts who rate Infosys a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Infosys 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, reasonable valuation levels, expanding profit margins 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 Infosys 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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