3 Stocks Dragging The Technology Sector Downward - TheStreet

All three major indices are trading down today with the

Dow Jones Industrial Average

(

^DJI

) trading down 35 points (-0.2%) at 17,589 as of Tuesday, Oct. 27, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 752 issues advancing vs. 2,254 declining with 128 unchanged.

The Technology sector currently sits down 1.0% versus the S&P 500, which is down 0.4%. On the negative front, top decliners within the sector include

GrubHub

(

GRUB

), down 25.2%,

Marvell Technology Group

(

MRVL

), down 14.8%,

Tim Participacoes

(

TSU

), down 7.1%,

Hanwha Q CELLS

(

HQCL

), down 4.6% and

Xerox Corporation

(

XRX

), down 4.5%. Top gainers within the sector include

Integrated Device Technology

(

IDTI

), up 8.5%,

Corning

(

GLW

), up 4.8%,

Vipshop Holdings

(

VIPS

), up 3.5%,

Baidu

(

BIDU

), up 2.7% and

Xilinx

(

XLNX

), up 2.4%.

TheStreet would like to highlight 3 stocks pushing the sector lower today:

3.

CenturyLink

(

CTL

) is one of the companies pushing the Technology sector lower today. As of noon trading, CenturyLink is down $0.68 (-2.4%) to $27.64 on light volume. Thus far, 1.8 million shares of CenturyLink exchanged hands as compared to its average daily volume of 5.5 million shares. The stock has ranged in price between $27.59-$28.30 after having opened the day at $28.19 as compared to the previous trading day's close of $28.32.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

CenturyLink, Inc. provides various communications services to residential, business, governmental, and wholesale customers in the United States. It operates through two segments, Business and Consumer. CenturyLink has a market cap of $15.8 billion and is part of the telecommunications industry. Shares are down 29.2% year-to-date as of the close of trading on Monday. Currently there are 5 analysts that rate CenturyLink a buy, 1 analyst rates it a sell, and 9 rate it a hold.

TheStreet Ratings rates

CenturyLink

as a

hold

. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, generally higher debt management risk and a generally disappointing performance in the stock itself. Get the full

CenturyLink Ratings Report

now.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

2. As of noon trading,

TripAdvisor

(

TRIP

) is down $2.75 (-3.3%) to $80.90 on light volume. Thus far, 710,027 shares of TripAdvisor exchanged hands as compared to its average daily volume of 2.1 million shares. The stock has ranged in price between $80.76-$82.46 after having opened the day at $81.99 as compared to the previous trading day's close of $83.65.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

TripAdvisor, Inc. operates as an online travel company. The company operates through two segments, Hotel and Other. TripAdvisor has a market cap of $10.9 billion and is part of the internet industry. Shares are up 11.0% year-to-date as of the close of trading on Monday. Currently there are 5 analysts that rate TripAdvisor a buy, 1 analyst rates it a sell, and 15 rate it a hold.

TheStreet Ratings rates

TripAdvisor

as a

buy

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins, good cash flow from operations and notable return on equity. We feel its strengths outweigh the fact that the company has had sub par growth in net income. Get the full

TripAdvisor Ratings Report

now.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

1. As of noon trading,

AT&T

(

T

) is down $0.42 (-1.2%) to $33.24 on average volume. Thus far, 11.9 million shares of AT&T exchanged hands as compared to its average daily volume of 30.2 million shares. The stock has ranged in price between $33.16-$33.61 after having opened the day at $33.57 as compared to the previous trading day's close of $33.66.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

AT&T Inc. provides telecommunications services in the United States and internationally. The company operates through two segments, Wireless and Wireline. AT&T has a market cap of $207.5 billion and is part of the telecommunications industry. Shares are up 0.5% year-to-date as of the close of trading on Monday. Currently there are 13 analysts that rate AT&T a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates

AT&T

as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and expanding profit margins. We feel its strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full

AT&T Ratings Report

now.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

If you are interested in one of these 3 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

).