3 Computer Software & Services Stocks Pushing Industry Growth

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 45 points (-0.3%) at 17,859 as of Wednesday, June 17, 2015, 1:00 PM ET. The NYSE advances/declines ratio sits at 1,059 issues advancing vs. 1,922 declining with 184 unchanged.

The Computer Software & Services industry currently sits up 0.5% versus the S&P 500, which is down 0.2%. On the negative front, top decliners within the industry include Cognizant Technology Solutions ( CTSH), down 1.4%, and Microsoft ( MSFT), down 0.8%.

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

3. Electronic Arts ( EA) is one of the companies pushing the Computer Software & Services industry higher today. As of noon trading, Electronic Arts is up $0.76 (1.2%) to $63.62 on average volume. Thus far, 1.3 million shares of Electronic Arts exchanged hands as compared to its average daily volume of 2.8 million shares. The stock has ranged in price between $63.04-$63.90 after having opened the day at $63.07 as compared to the previous trading day's close of $62.86.

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Electronic Arts Inc. develops, markets, publishes, and distributes game software content and online services for video game consoles, Internet-connected consoles, personal computers, mobile phones, and tablets worldwide. The company operates through EA Studios, EA Mobile, and Maxis divisions. Electronic Arts has a market cap of $19.4 billion and is part of the technology sector. Shares are up 31.0% year-to-date as of the close of trading on Tuesday. 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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2. As of noon trading, Qihoo 360 Technology ( QIHU) is up $4.96 (7.5%) to $71.01 on heavy volume. Thus far, 9.9 million shares of Qihoo 360 Technology exchanged hands as compared to its average daily volume of 3.1 million shares. The stock has ranged in price between $70.75-$72.65 after having opened the day at $72.06 as compared to the previous trading day's close of $66.05.

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Qihoo 360 Technology Co. Ltd., through its subsidiaries, provides Internet services in the People's Republic of China. The company operates through Internet Services and Others segments. Qihoo 360 Technology has a market cap of $8.5 billion and is part of the technology sector. Shares are up 15.3% year-to-date as of the close of trading on Tuesday. Currently there are 5 analysts who rate Qihoo 360 Technology a buy, no analysts rate it a sell, and 2 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, notable return on equity, growth in earnings per share, increase in net income and expanding profit margins. We feel its strengths outweigh the fact that the company shows weak operating cash flow. Get the full Qihoo 360 Technology Ratings Report now.

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1. As of noon trading, Salesforce.com ( CRM) is up $0.74 (1.0%) to $74.14 on heavy volume. Thus far, 5.0 million shares of Salesforce.com exchanged hands as compared to its average daily volume of 4.9 million shares. The stock has ranged in price between $73.31-$75.81 after having opened the day at $73.48 as compared to the previous trading day's close of $73.40.

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salesforce.com, inc. provides enterprise cloud computing solutions, with a focus on customer relationship management to various businesses and industries worldwide. Salesforce.com has a market cap of $47.6 billion and is part of the technology sector. Shares are up 22.3% year-to-date as of the close of trading on Tuesday. Currently there are 27 analysts who rate Salesforce.com a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates Salesforce.com as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and compelling growth in net income. However, as a counter to these strengths, we find that the company has favored debt over equity in the management of its balance sheet. Get the full Salesforce.com 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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