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.

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

Dow Jones Industrial Average

(

^DJI

) trading down 2 points (0.0%) at 17,750 as of Thursday, July 30, 2015, 1:05 PM ET. The NYSE advances/declines ratio sits at 1,461 issues advancing vs. 1,490 declining with 187 unchanged.

The Technology sector currently sits up 0.5% versus the S&P 500, which is unchanged. On the negative front, top decliners within the sector include

Qorvo

(

QRVO

), down 16.1%,

NCR

(

NCR

), down 10.5%,

SK Telecom

(

SKM

), down 3.9%,

Vipshop Holdings Ltd ADR A

(

VIPS

), down 3.0% and

Telefonica Brasil

(

VIV

), down 3.1%. Top gainers within the sector include

Open Text

(

OTEX

), up 19.6%,

Western Digital

(

WDC

), up 10.2%,

Nokia Oyj

(

NOK

), up 5.8%,

NXP Semiconductors

(

NXPI

), up 6.0% and

T-Mobile US

(

TMUS

), up 5.2%.

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

3.

Philippine Long Distance Telephone

(

PHI

) is one of the companies pushing the Technology sector lower today. As of noon trading, Philippine Long Distance Telephone is down $1.26 (-1.9%) to $63.71 on heavy volume. Thus far, 69,912 shares of Philippine Long Distance Telephone exchanged hands as compared to its average daily volume of 58,200 shares. The stock has ranged in price between $63.51-$64.68 after having opened the day at $64.68 as compared to the previous trading day's close of $64.97.

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Philippine Long Distance Telephone Company provides telecommunications services in the Philippines. Philippine Long Distance Telephone has a market cap of $42.5 billion and is part of the telecommunications industry. Shares are up 2.6% year-to-date as of the close of trading on Wednesday. Currently there are no analysts that rate Philippine Long Distance Telephone a buy, 1 analyst rates it a sell, and none rate it a hold.

TheStreet Ratings rates

Philippine Long Distance Telephone

as a

hold

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

Philippine Long Distance Telephone Ratings Report

now.

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2. As of noon trading,

SAP SE

(

SAP

) is down $0.44 (-0.6%) to $71.65 on heavy volume. Thus far, 975,972 shares of SAP SE exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $70.75-$71.69 after having opened the day at $71.16 as compared to the previous trading day's close of $72.09.

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SAP SE provides application and analytics software and software-related services for enterprises worldwide. SAP SE has a market cap of $86.4 billion and is part of the computer software & services industry. Shares are up 3.5% year-to-date as of the close of trading on Wednesday. Currently there are 5 analysts that rate SAP SE a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates

SAP SE

as a

hold

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

SAP SE Ratings Report

now.

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1. As of noon trading,

LinkedIn

(

LNKD

) is down $7.72 (-3.3%) to $224.28 on heavy volume. Thus far, 1.7 million shares of LinkedIn exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $220.33-$230.38 after having opened the day at $230.00 as compared to the previous trading day's close of $232.00.

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LinkedIn Corporation, together with its subsidiaries, operates an online professional network worldwide. LinkedIn has a market cap of $25.2 billion and is part of the internet industry. Shares are up 1.0% year-to-date as of the close of trading on Wednesday. Currently there are 22 analysts that rate LinkedIn a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates

LinkedIn

as a

hold

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and feeble growth in the company's earnings per share. Get the full

LinkedIn Ratings Report

now.

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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

).