3 Technology Stocks Dragging The Sector Down

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 112 points (-0.6%) at 17,638 as of Wednesday, May 4, 2016, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,014 issues advancing vs. 1,910 declining with 149 unchanged. The Technology sector currently sits down 0.6% versus the S&P 500, which is down 0.6%. On the negative front, top decliners within the sector include Turkcell Iletisim Hizmetleri AS ( TKC), down 7.2%, IMS Health Holdings ( IMS), down 4.5%, TripAdvisor ( TRIP), down 4.3%, America Movil SAB de CV ( AMX), down 4.1% and America Movil SAB de CV ( AMOV), down 3.5%. Top gainers within the sector include CDW ( CDW), up 5.9%, CenturyLink ( CTL), up 1.7%, Telefonica Brasil ( VIV), up 1.4%, Crown Castle International ( CCI), up 1.3% and American Tower ( AMT), up 1.1%. TheStreet would like to highlight 3 stocks pushing the sector lower today: 3. Salesforce.com ( CRM) is one of the companies pushing the Technology sector lower today. As of noon trading, Salesforce.com is down $1.02 (-1.4%) to $73.88 on light volume. Thus far, 1.4 million shares of Salesforce.com exchanged hands as compared to its average daily volume of 4.9 million shares. The stock has ranged in price between $73.54-$74.63 after having opened the day at $74.41 as compared to the previous trading day's close of $74.90. 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. salesforce.com, inc. provides enterprise cloud computing solutions, with a focus on customer relationship management to various businesses and industries worldwide. Salesforce.com has a market cap of $51.8 billion and is part of the computer software & services industry. Shares are down 4.5% year-to-date as of the close of trading on Tuesday. Currently there are 24 analysts that rate Salesforce.com a buy, no analysts rate it a sell, and 3 rate it a hold. TheStreet Ratings rates Salesforce.com as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and impressive record of earnings per share growth. However, as a counter to these strengths, we find that the company's return on equity has been disappointing. Get the full Salesforce.com 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, Oracle ( ORCL) is down $0.30 (-0.7%) to $39.38 on light volume. Thus far, 4.1 million shares of Oracle exchanged hands as compared to its average daily volume of 13.8 million shares. The stock has ranged in price between $39.24-$39.57 after having opened the day at $39.39 as compared to the previous trading day's close of $39.68. 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. Oracle Corporation develops, manufactures, markets, sells, hosts, and supports database and middleware software, application software, cloud infrastructure, hardware systems, and related services worldwide. Oracle has a market cap of $167.2 billion and is part of the computer software & services industry. Shares are up 8.6% year-to-date as of the close of trading on Tuesday. Currently there are 13 analysts that rate Oracle a buy, 2 analysts rate it a sell, and 9 rate it a hold. TheStreet Ratings rates Oracle as a buy. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, expanding profit margins, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel its strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Oracle 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, Intel ( INTC) is down $0.22 (-0.7%) to $29.88 on average volume. Thus far, 12.5 million shares of Intel exchanged hands as compared to its average daily volume of 23.5 million shares. The stock has ranged in price between $29.70-$30.21 after having opened the day at $30.18 as compared to the previous trading day's close of $30.10. 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. Intel Corporation designs, manufactures, and sells integrated digital technology platforms worldwide. It operates through Client Computing Group, Data Center Group, Internet of Things Group, Software and Services, and All Other segments. Intel has a market cap of $144.6 billion and is part of the electronics industry. Shares are down 11.9% year-to-date as of the close of trading on Tuesday. Currently there are 23 analysts that rate Intel a buy, 3 analysts rate it a sell, and 8 rate it a hold. TheStreet Ratings rates Intel as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, increase in net income and growth in earnings per share. We feel its strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Intel 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).