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

Dow Jones Industrial Average

(

^DJI

) trading down 40 points (-0.2%) at 17,811 as of Thursday, May 26, 2016, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,440 issues advancing vs. 1,460 declining with 179 unchanged.

The Technology sector currently sits up 0.1% versus the S&P 500, which is down 0.0%. On the negative front, top decliners within the sector include

NTT DOCOMO

(

DCM

), down 2.2%,

China Telecom

(

CHA

), down 1.0%,

American Tower

(

AMT

), down 1.0%,

Microsoft

(

MSFT

), down 0.7% and

Alphabet

(

GOOG

), down 0.6%. Top gainers within the sector include

Advanced Semiconductor Engineering

(

ASX

), up 17.6%,

Siliconware Precision Industries

(

SPIL

), up 10.1%,

HP

(

HPQ

), up 5.6%,

Telecom Italia SpA

(

TI.A

), up 4.9% and

Telecom Italia SpA

(

TI

), up 3.7%.

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

3.

NetApp

(

NTAP

) is one of the companies pushing the Technology sector lower today. As of noon trading, NetApp is down $1.00 (-3.9%) to $24.52 on heavy volume. Thus far, 5.0 million shares of NetApp exchanged hands as compared to its average daily volume of 2.9 million shares. The stock has ranged in price between $23.50-$24.99 after having opened the day at $23.61 as compared to the previous trading day's close of $25.52.

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NetApp, Inc. provides software, systems, and services to manage and store computer data worldwide. NetApp has a market cap of $7.3 billion and is part of the computer hardware industry. Shares are down 3.8% year-to-date as of the close of trading on Wednesday. Currently there are 2 analysts that rate NetApp a buy, 8 analysts rate it a sell, and 15 rate it a hold.

TheStreet Ratings rates

NetApp

as a

hold

. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, good cash flow from operations 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 disappointing return on equity. Get the full

NetApp Ratings Report

now.

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2. As of noon trading,

Mobileye

(

MBLY

) is down $1.74 (-4.6%) to $36.16 on light volume. Thus far, 1.0 million shares of Mobileye exchanged hands as compared to its average daily volume of 2.8 million shares. The stock has ranged in price between $36.11-$38.22 after having opened the day at $38.14 as compared to the previous trading day's close of $37.90.

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Mobileye N.V., together with its subsidiaries, develops computer vision and machine learning, data analysis, and localization and mapping for advanced driver assistance systems and autonomous driving technologies primarily in Israel. Mobileye has a market cap of $8.2 billion and is part of the computer software & services industry. Shares are down 10.4% year-to-date as of the close of trading on Wednesday. Currently there are 9 analysts that rate Mobileye a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates

Mobileye

as a

sell

. The company's weaknesses can be seen in multiple areas, such as its generally disappointing historical performance in the stock itself and premium valuation. Get the full

Mobileye Ratings Report

now.

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1. As of noon trading,

Qualcomm

(

QCOM

) is down $0.31 (-0.6%) to $55.67 on light volume. Thus far, 3.4 million shares of Qualcomm exchanged hands as compared to its average daily volume of 10.2 million shares. The stock has ranged in price between $55.51-$56.14 after having opened the day at $55.93 as compared to the previous trading day's close of $55.98.

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QUALCOMM Incorporated develops, designs, manufactures, and markets digital communications products and services in China, South Korea, Taiwan, the United States, and internationally. Qualcomm has a market cap of $81.7 billion and is part of the telecommunications industry. Shares are up 12.0% year-to-date as of the close of trading on Wednesday. Currently there are 11 analysts that rate Qualcomm a buy, 2 analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates

Qualcomm

as a

hold

. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and disappointing return on equity. Get the full

Qualcomm 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

).