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TLK, ERIC, SAP, VZ And ORCL, Pushing Technology Sector Downward

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 or Stephanie Link.

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 34 points (-0.2%) at 15,991 as of Tuesday, Dec. 10, 2013, 11:45 AM ET. The NYSE advances/declines ratio sits at 1,256 issues advancing vs. 1,637 declining with 176 unchanged.

The Technology sector currently sits down 0.2% versus the S&P 500, which is down 0.2%. On the negative front, top decliners within the sector include China Unicom (Hong Kong ( CHU), down 1.6%, Microsoft Corporation ( MSFT), down 1.4%, China Telecom ( CHA), down 1.4%, Hewlett-Packard ( HPQ), down 0.8% and America Movil S.A.B. de C.V ( AMOV), down 0.8%. Top gainers within the sector include STMicroelectronics ( STM), up 4.7%, Baidu ( BIDU), up 4.3%, 3D Systems Corporation ( DDD), up 4.2%, Telecom Italia SpA ( TI), up 3.4% and Telecom Italia SpA ( TI.A), up 3.3%.

TheStreet would like to highlight 5 stocks pushing the sector lower today:

5. Telekomunikasi Indonesia (Persero) Tbk ( TLK) is one of the companies pushing the Technology sector lower today. As of noon trading, Telekomunikasi Indonesia (Persero) Tbk is down $0.52 (-1.5%) to $34.03 on average volume. Thus far, 144,032 shares of Telekomunikasi Indonesia (Persero) Tbk exchanged hands as compared to its average daily volume of 293,700 shares. The stock has ranged in price between $33.85-$34.23 after having opened the day at $34.14 as compared to the previous trading day's close of $34.55.

PT Telekomunikasi Indonesia, Tbk provides network and telecommunication services to individual and home customers, companies, and institutions in Indonesia and internationally. It operates through four segments: Personal, Home, Corporate, and Others. Telekomunikasi Indonesia (Persero) Tbk has a market cap of $83.6 billion and is part of the telecommunications industry. The company has a P/E ratio of 12.4, below the S&P 500 P/E ratio of 17.7. Shares are down 6.5% year to date as of the close of trading on Monday. Currently there are no analysts that rate Telekomunikasi Indonesia (Persero) Tbk a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Telekomunikasi Indonesia (Persero) Tbk as a hold. The company's strengths can be seen in multiple areas, such as its expanding profit margins, largely solid financial position with reasonable debt levels by most measures and notable return on equity. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, weak operating cash flow and a generally disappointing performance in the stock itself. Get the full Telekomunikasi Indonesia (Persero) Tbk Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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