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5 Stocks Pushing The Technology Sector Lower

1. As of noon trading, Hewlett-Packard ( HPQ) is down $0.18 (-0.9%) to $19.97 on light volume Thus far, 9.7 million shares of Hewlett-Packard exchanged hands as compared to its average daily volume of 28.9 million shares. The stock has ranged in price between $19.78-$20.14 after having opened the day at $20.05 as compared to the previous trading day's close of $20.15.

Hewlett-Packard Company and its subsidiaries provide products, technologies, software, solutions, and services to individual consumers, small-and medium-sized businesses (SMBs), and large enterprises, including customers in the government, health, and education sectors worldwide. Hewlett-Packard has a market cap of $39.3 billion and is part of the computer hardware industry. Shares are up 41.3% year to date as of the close of trading on Friday. Currently there is 1 analyst that rates Hewlett-Packard a buy, 6 analysts rate it a sell, and 17 rate it a hold.

TheStreet Ratings rates Hewlett-Packard as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, generally high debt management risk, disappointing return on equity, poor profit margins and generally disappointing historical performance in the stock itself. Get the full Hewlett-Packard Ratings Report now.

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If you are interested in one of these 4 stocks, ETFs may be of interest. Investors who are bullish on the technology sector could consider Technology Select Sector SPDR ( XLK) while those bearish on the technology sector could consider ProShares Ultra Short Technology ( REW).

A reminder about TheStreet Ratings group: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

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