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.

Two out of the three major indices are trading up today with the

Dow Jones Industrial Average

(

^DJI

) trading up 67 points (0.4%) at 17,259 as of Thursday, Jan. 29, 2015, 12:20 PM ET. The NYSE advances/declines ratio sits at 1,331 issues advancing vs. 1,643 declining with 169 unchanged.

The Technology sector currently sits down 0.4% versus the S&P 500, which is up 0.1%. On the negative front, top decliners within the sector include

Qualcomm

(

QCOM

), down 11.3%,

Corning

(

GLW

), down 3.0%,

Taiwan Semiconductor Manufacturing

(

TSM

), down 3.0% and

Infosys

(

INFY

), down 2.3%. Top gainers within the sector include

ServiceNow

(

NOW

), up 5.7%,

SAP SE

(

SAP

), up 1.9%,

Apple

(

AAPL

), up 1.8% and

International Business Machines

(

IBM

), up 1.0%.

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

3.

China Telecom

(

CHA

) is one of the companies pushing the Technology sector lower today. As of noon trading, China Telecom is down $1.65 (-2.8%) to $58.44 on light volume. Thus far, 14,588 shares of China Telecom exchanged hands as compared to its average daily volume of 39,000 shares. The stock has ranged in price between $58.26-$59.04 after having opened the day at $58.92 as compared to the previous trading day's close of $60.09.

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

China Telecom Corporation Limited, together with its subsidiaries, provides wireline and mobile telecommunications services primarily in the People's Republic of China. China Telecom has a market cap of $49.6 billion and is part of the telecommunications industry. Shares are up 2.4% year-to-date as of the close of trading on Wednesday. Currently there are 2 analysts that rate China Telecom a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Recommends

TheStreet Ratings rates

China Telecom

as a

hold

. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share and increase in net income. However, as a counter to these strengths, we find that the company's revenue growth has not been good. Get the full

China Telecom 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.

2. As of noon trading,

Verizon Communications

(

VZ

) is down $0.41 (-0.9%) to $45.64 on average volume. Thus far, 9.2 million shares of Verizon Communications exchanged hands as compared to its average daily volume of 16.7 million shares. The stock has ranged in price between $45.37-$46.08 after having opened the day at $46.00 as compared to the previous trading day's close of $46.05.

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

Verizon Communications Inc. provides communications, information, and entertainment products and services to consumers, businesses, and governmental agencies worldwide. Verizon Communications has a market cap of $192.3 billion and is part of the telecommunications industry. Shares are down 1.6% year-to-date as of the close of trading on Wednesday. Currently there are 17 analysts that rate Verizon Communications a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates

Verizon Communications

as a

hold

. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and generally higher debt management risk. Get the full

Verizon Communications 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.

1. As of noon trading,

Yahoo

(

YHOO

) is down $2.86 (-6.2%) to $43.60 on heavy volume. Thus far, 50.2 million shares of Yahoo exchanged hands as compared to its average daily volume of 18.9 million shares. The stock has ranged in price between $41.80-$43.80 after having opened the day at $43.56 as compared to the previous trading day's close of $46.46.

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

Yahoo! Inc. operates as a technology company worldwide. Yahoo has a market cap of $45.5 billion and is part of the internet industry. Shares are down 8.0% year-to-date as of the close of trading on Wednesday. Currently there are 17 analysts that rate Yahoo a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates

Yahoo

as a

buy

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

Yahoo 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.

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

).

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