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.

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 69 points (-0.4%) at 18,094 as of Thursday, May 28, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 843 issues advancing vs. 2,162 declining with 143 unchanged.

The Computer Software & Services industry currently sits up 0.7% versus the S&P 500, which is down 0.4%. A company within the industry that increased today was Check Point Software Technologies ( CHKP), up 1.3%. On the negative front, top decliners within the industry include Workday ( WDAY), down 2.5%, and CA ( CA), down 1.8%.

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

3. Rally Software Development ( RALY) is one of the companies pushing the Computer Software & Services industry higher today. As of noon trading, Rally Software Development is up $5.91 (43.7%) to $19.42 on heavy volume. Thus far, 9.8 million shares of Rally Software Development exchanged hands as compared to its average daily volume of 255,400 shares. The stock has ranged in price between $19.39-$19.43 after having opened the day at $19.42 as compared to the previous trading day's close of $13.51.

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Rally Software Development Corp. provides cloud-based solutions for the management of Agile software development worldwide. It offers software and services that drive agility. Rally Software Development has a market cap of $350.0 million and is part of the technology sector. Shares are up 18.8% year-to-date as of the close of trading on Wednesday. Currently there are 2 analysts who rate Rally Software Development a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Rally Software Development as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share. Get the full Rally Software Development Ratings Report now.

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