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.

One out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 12 points (0.1%) at 17,830 as of Tuesday, Nov. 25, 2014, 12:15 PM ET. The NYSE advances/declines ratio sits at 1,420 issues advancing vs. 1,510 declining with 216 unchanged.

The Computer Software & Services industry currently sits down 0.2% versus the S&P 500, which is unchanged. Top gainers within the industry include Nuance Communications ( NUAN), up 4.4%, Wipro ( WIT), up 1.3%, Salesforce.com ( CRM), up 1.3%, Thomson Reuters ( TRI), up 1.1% and SAP SE ( SAP), up 0.8%.

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

3. Activision Blizzard ( ATVI) is one of the companies pushing the Computer Software & Services industry higher today. As of noon trading, Activision Blizzard is up $0.26 (1.2%) to $21.56 on average volume. Thus far, 3.9 million shares of Activision Blizzard exchanged hands as compared to its average daily volume of 9.0 million shares. The stock has ranged in price between $21.23-$21.58 after having opened the day at $21.28 as compared to the previous trading day's close of $21.30.

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 $15.2 billion and is part of the technology sector. Shares are up 18.7% year-to-date as of the close of trading on Monday. Currently there are 18 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 hold. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow. 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.

2. As of noon trading, Qihoo 360 Technology ( QIHU) is up $4.86 (7.0%) to $74.32 on heavy volume. Thus far, 4.9 million shares of Qihoo 360 Technology exchanged hands as compared to its average daily volume of 3.3 million shares. The stock has ranged in price between $72.51-$74.45 after having opened the day at $73.59 as compared to the previous trading day's close of $69.46.

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

Qihoo 360 Technology Co. Ltd. provides Internet and mobile security products and services in the People's Republic of China. Qihoo 360 Technology has a market cap of $8.7 billion and is part of the technology sector. Shares are down 15.3% year-to-date as of the close of trading on Monday. Currently there are 9 analysts who rate Qihoo 360 Technology a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Qihoo 360 Technology as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, notable return on equity and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Qihoo 360 Technology 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, Adobe Systems ( ADBE) is up $0.64 (0.9%) to $71.86 on light volume. Thus far, 999,121 shares of Adobe Systems exchanged hands as compared to its average daily volume of 3.2 million shares. The stock has ranged in price between $71.20-$72.52 after having opened the day at $71.20 as compared to the previous trading day's close of $71.22.

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

Adobe Systems Incorporated operates as a diversified software company worldwide. It operates in three segments: Digital Media, Digital Marketing, and Print and Publishing. Adobe Systems has a market cap of $35.6 billion and is part of the technology sector. Shares are up 18.9% year-to-date as of the close of trading on Monday. Currently there are 10 analysts who rate Adobe Systems a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Adobe Systems as a hold. 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 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 feeble growth in the company's earnings per share. Get the full Adobe 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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