Stocks in the Computer Software & Services Industry Trading Up

Strategic Insights -

On Thursday, January 29, 2015, at 12:20 PM ET, the Dow Jones Industrial Average was trading up 67 points (0.4%) at 17,259. The Computer Software & Services industry was up 0.3% versus the S&P 500, which was up 0.1%. Within the industry, top gainers included SAP SE, Fidelity National Information Services, Adobe Systems, and International Business Machines.

Key Takeaways:

  • SAP SE was up 1.9% with a market cap of $140 billion and is part of the technology sector.
  • Fidelity National Information Services was up 0.9% with a market cap of $16.5 billion and is part of the technology sector.
  • Adobe Systems was up 0.7% with a market cap of $45.5 billion and is part of the technology sector.
  • International Business Machines was up 1.0% with a market cap of $193.5 billion and is part of the technology sector.
  • ServiceNow, Inc. was up 5.7% with a market cap of $10.1 billion and is part of the technology sector.
  • Salesforce.com was up 0.8% with a market cap of $36.5 billion and is part of the technology sector.
  • Check Point Software Technologies was up 3.3% with a market cap of $15.2 billion and is part of the technology sector.
  • TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months.
  • TheStreet Ratings rate ServiceNow as a sell, Check Point Software Technologies as a buy, and Salesforce.com as a hold.
  • The companies' strengths and weaknesses can be seen in multiple areas such as revenue growth, largely solid financial position, revenue growth, help desk support, and modest revenue.

Statistics:

  • The NYSE advances/declines ratio sits at 1,331 issues advancing vs. 1,643 declining with 169 unchanged.
  • SAP SE has a market cap of $140 billion.
  • Fidelity National Information Services has a market cap of $16.5 billion.
  • Adobe Systems has a market cap of $45.5 billion.
  • International Business Machines has a market cap of $193.5 billion.
  • ServiceNow, Inc. has a market cap of $10.1 billion.
  • Salesforce.com has a market cap of $36.5 billion.
  • Check Point Software Technologies has a market cap of $15.2 billion.
  • ServiceNow was up $3.90 (5.7%) to $72.81 on heavy volume.
  • Salesforce.com was up $0.46 (0.8%) to $56.80 on light volume.
  • Check Point Software Technologies was up $2.57 (3.3%) to $79.65 on heavy volume.

Sources:

  • TheStreet (http://www.thestreet.com/)
  • Dow Jones Industrial Average (http://www.thestreet.com/quote/%5eDJI.html)
  • SAP SE (http://www.thestreet.com/quote/sap.html?cm_ven_int=tstwire)
  • Fidelity National Information Services (http://www.thestreet.com/quote/fis.html?cm_ven_int=tstwire)
  • Adobe Systems (http://www.thestreet.com/quote/adbe.html?cm_ven_int=tstwire)
  • International Business Machines (http://www.thestreet.com/quote/ibm.html?cm_ven_int=tstwire)
  • ServiceNow, Inc. (http://www.thestreet.com/quote/now.html?cm_ven_int=tstwire)
  • Salesforce.com (http://www.thestreet.com/quote/crm.html?cm_ven_int=tstwire)
  • Check Point Software Technologies (http://www.thestreet.com/quote/chkp.html?cm_ven_int=tstwire)
  • iShares S&P NA Tech Software Idx (http://www.thestreet.com/quote/IGV.html?cm_ven_int=tstwire)
  • ProShares Ultra Short Technology (http://www.thestreet.com/quote/REW.html?cm_ven_int=tstwire)