3 Stocks Underperforming Today In The Technology Sector - TheStreet

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.

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

Dow Jones Industrial Average

(

^DJI

) trading down 14 points (-0.1%) at 17,796 as of Monday, Nov. 24, 2014, 1:00 PM ET. The NYSE advances/declines ratio sits at 1,731 issues advancing vs. 1,243 declining with 202 unchanged.

The Technology sector currently sits up 0.4% versus the S&P 500, which is up 0.2%. On the negative front, top decliners within the sector include

Telecom Italia SpA

(

TI

), down 3.9%,

Telecom Italia SpA

(

TI.A

), down 3.2%,

Telefonica Brasil

(

VIV

), down 2.8% and

China Unicom (Hong Kong

(

CHU

), down 1.3%. Top gainers within the sector include

BT Group

(

BT

), up 4.2%,

Infosys

(

INFY

), up 2.5%,

Seagate Technology

(

STX

), up 2.1%,

Nokia Oyj

(

NOK

), up 1.8% and

SanDisk

(

SNDK

), up 1.9%.

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

3.

Verizon Communications

(

VZ

) is one of the companies pushing the Technology sector lower today. As of noon trading, Verizon Communications is down $0.87 (-1.7%) to $49.34 on heavy volume. Thus far, 11.3 million shares of Verizon Communications exchanged hands as compared to its average daily volume of 13.7 million shares. The stock has ranged in price between $48.86-$49.89 after having opened the day at $49.55 as compared to the previous trading day's close of $50.21.

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 $208.3 billion and is part of the telecommunications industry. Shares are up 2.2% year-to-date as of the close of trading on Friday. Currently there are 19 analysts that rate Verizon Communications a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates

Verizon Communications

as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, compelling growth in net income, expanding profit margins and growth in earnings per share. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. 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.

2. As of noon trading,

AT&T

(

T

) is down $0.59 (-1.7%) to $34.69 on heavy volume. Thus far, 24.1 million shares of AT&T exchanged hands as compared to its average daily volume of 20.1 million shares. The stock has ranged in price between $34.22-$35.10 after having opened the day at $34.98 as compared to the previous trading day's close of $35.28.

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

AT&T Inc. provides telecommunications services to consumers and businesses in the United States and internationally. AT&T has a market cap of $183.0 billion and is part of the telecommunications industry. Shares are up 0.3% year-to-date as of the close of trading on Friday. Currently there are 9 analysts that rate AT&T a buy, 1 analyst rates it a sell, and 12 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, reasonable valuation levels, largely solid financial position with reasonable debt levels by most measures, notable return on equity 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

AT&T 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,

Baidu

(

BIDU

) is down $3.58 (-1.5%) to $241.72 on average volume. Thus far, 1.5 million shares of Baidu exchanged hands as compared to its average daily volume of 3.6 million shares. The stock has ranged in price between $241.04-$247.87 after having opened the day at $247.76 as compared to the previous trading day's close of $245.30.

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

Baidu, Inc. provides Internet search services. Baidu has a market cap of $83.6 billion and is part of the internet industry. Shares are up 37.9% year-to-date as of the close of trading on Friday. Currently there are 12 analysts that rate Baidu a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates

Baidu

as a

buy

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, expanding profit margins and solid stock price performance. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full

Baidu 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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