3 Computer Software & Services Stocks Nudging 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.

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 51 points (-0.3%) at 18,140 as of Monday, May 11, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,286 issues advancing vs. 1,726 declining with 119 unchanged.

The Computer Software & Services industry currently sits up 0.6% versus the S&P 500, which is down 0.2%. Top gainers within the industry include Synaptics ( SYNA), up 4.0%, and Qihoo 360 Technology ( QIHU), up 3.0%. A company within the industry that fell today was Wipro ( WIT), up 1.5%.

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 $1.00 (1.1%) to $89.00 on average volume. Thus far, 606,511 shares of VMWare exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $87.71-$89.07 after having opened the day at $87.80 as compared to the previous trading day's close of $88.00.

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VMware, Inc. provides virtualization infrastructure solutions in the United States and internationally. VMWare has a market cap of $10.7 billion and is part of the technology sector. Shares are up 6.6% year-to-date as of the close of trading on Friday. Currently there are 17 analysts who rate VMWare a buy, no analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates VMWare 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 expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, disappointing return on equity and weak operating cash flow. Get the full VMWare Ratings Report now.

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2. As of noon trading, Adobe Systems ( ADBE) is up $0.74 (1.0%) to $77.05 on average volume. Thus far, 1.0 million shares of Adobe Systems exchanged hands as compared to its average daily volume of 2.3 million shares. The stock has ranged in price between $76.07-$77.34 after having opened the day at $76.32 as compared to the previous trading day's close of $76.31.

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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 $37.4 billion and is part of the technology sector. Shares are up 2.8% year-to-date as of the close of trading on Friday. Currently there are 6 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 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 net income, solid stock price performance and growth in earnings per share. We feel its strengths outweigh the fact that the company shows weak operating cash flow. Get the full Adobe Systems Ratings Report now.

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1. As of noon trading, Electronic Arts ( EA) is up $1.07 (1.7%) to $62.95 on average volume. Thus far, 2.0 million shares of Electronic Arts exchanged hands as compared to its average daily volume of 3.1 million shares. The stock has ranged in price between $61.60-$63.46 after having opened the day at $61.90 as compared to the previous trading day's close of $61.88.

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Electronic Arts Inc. develops, markets, publishes, and distributes game software content and services for video game consoles, personal computers, mobile phones, and tablets. The company operates through EA Games, EA SPORTS, Maxis, PopCap, and All Play segments. Electronic Arts has a market cap of $18.7 billion and is part of the technology sector. Shares are up 31.6% year-to-date as of the close of trading on Friday. Currently there are 11 analysts who rate Electronic Arts a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Electronic Arts 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 increase in net income. We feel its strengths outweigh the fact that the company shows weak operating cash flow. Get the full Electronic Arts Ratings Report now.

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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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