5 Stocks Pushing The Technology Sector Lower

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 9 points (-0.1%) at 12,786 as of Tuesday, Nov. 20, 2012, 11:49 AM ET. The NYSE advances/declines ratio sits at 1,471 issues advancing vs. 1,424 declining with 128 unchanged.

The Technology sector currently sits down 0.3% versus the S&P 500, which is up 0.0%. On the negative front, top decliners within the sector include Nuance Communications ( NUAN), down 5.3%, America Movil S.A.B. de C.V ( AMOV), down 3.6%, Infosys ( INFY), down 3.1%, China Telecom ( CHA), down 2.6% and China Unicom (Hong Kong ( CHU), down 2.2%. A company within the sector that increased today was Sap AG ADR ( SAP), up 0.5%.

TheStreet Ratings group would like to highlight 5 stocks pushing the sector lower today:

5. Agilent Technologies ( A) is one of the companies pushing the Technology sector lower today. As of noon trading, Agilent Technologies is down $0.90 (-2.4%) to $36.61 on heavy volume Thus far, 4.4 million shares of Agilent Technologies exchanged hands as compared to its average daily volume of 3.7 million shares. The stock has ranged in price between $35.80-$36.92 after having opened the day at $35.86 as compared to the previous trading day's close of $37.51.

Agilent Technologies, Inc. provides bio-analytical and electronic measurement solutions to the communications, electronics, life sciences, and chemical analysis industries worldwide. Agilent Technologies has a market cap of $12.5 billion and is part of the electronics industry. The company has a P/E ratio of 12.5, below the S&P 500 P/E ratio of 17.7. Shares are up 2.5% year to date as of the close of trading on Monday. Currently there are 13 analysts that rate Agilent Technologies a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Agilent Technologies 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, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Agilent Technologies Ratings Report now.

4. As of noon trading, Taiwan Semiconductor Manufacturing ( TSM) is down $0.14 (-0.8%) to $16.20 on light volume Thus far, 2.4 million shares of Taiwan Semiconductor Manufacturing exchanged hands as compared to its average daily volume of 10.7 million shares. The stock has ranged in price between $16.04-$16.22 after having opened the day at $16.20 as compared to the previous trading day's close of $16.34.

Taiwan Semiconductor Manufacturing Company Limited engages in the computer-aided designing, manufacturing, packaging, testing, and selling integrated circuits and other semiconductor devices; and manufacturing masks. Taiwan Semiconductor Manufacturing has a market cap of $83.9 billion and is part of the electronics industry. The company has a P/E ratio of 18.8, above the S&P 500 P/E ratio of 17.7. Shares are up 25.4% year to date as of the close of trading on Monday. Currently there is 1 analyst that rates Taiwan Semiconductor Manufacturing a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates Taiwan Semiconductor Manufacturing as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, solid stock price performance and growth in earnings per share. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Taiwan Semiconductor Manufacturing Ratings Report now.

3. As of noon trading, Dell ( DELL) is down $0.18 (-1.9%) to $8.96 on light volume Thus far, 7.0 million shares of Dell exchanged hands as compared to its average daily volume of 21.8 million shares. The stock has ranged in price between $8.88-$9.11 after having opened the day at $9.03 as compared to the previous trading day's close of $9.13.

Dell Inc. provides integrated technology solutions in the information technology (IT) industry worldwide. Dell has a market cap of $15.4 billion and is part of the computer hardware industry. The company has a P/E ratio of 5.6, below the S&P 500 P/E ratio of 17.7. Shares are down 39.4% year to date as of the close of trading on Monday. Currently there are 11 analysts that rate Dell a buy, 1 analyst rates it a sell, and 14 rate it a hold.

TheStreet Ratings rates Dell as a hold. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, poor profit margins and disappointing return on equity. Get the full Dell Ratings Report now.

2. As of noon trading, Hewlett-Packard ( HPQ) is down $1.38 (-10.4%) to $11.92 on heavy volume Thus far, 97.6 million shares of Hewlett-Packard exchanged hands as compared to its average daily volume of 27.5 million shares. The stock has ranged in price between $11.35-$12.06 after having opened the day at $11.64 as compared to the previous trading day's close of $13.30.

Hewlett-Packard Company and its subsidiaries provide products, technologies, software, solutions, and services to individual consumers and small- and medium-sized businesses (SMBs), as well as to the government, health, and education sectors worldwide. Hewlett-Packard has a market cap of $25.3 billion and is part of the computer hardware industry. The company has a P/E ratio of -4.6, below the S&P 500 P/E ratio of 17.7. Shares are down 48.4% year to date as of the close of trading on Monday. Currently there are 3 analysts that rate Hewlett-Packard a buy, 8 analysts rate it a sell, and 14 rate it a hold.

TheStreet Ratings rates Hewlett-Packard as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, poor profit margins, weak operating cash flow and generally high debt management risk. Get the full Hewlett-Packard Ratings Report now.

1. As of noon trading, Intel ( INTC) is down $0.72 (-3.6%) to $19.53 on average volume Thus far, 35.1 million shares of Intel exchanged hands as compared to its average daily volume of 48.9 million shares. The stock has ranged in price between $19.50-$19.88 after having opened the day at $19.88 as compared to the previous trading day's close of $20.25.

Intel Corporation designs, manufactures, and sells integrated digital technology platforms primarily in the Asia-Pacific, the Americas, Europe, and Japan. Intel has a market cap of $100.5 billion and is part of the electronics industry. The company has a P/E ratio of 8.8, below the S&P 500 P/E ratio of 17.7. Shares are down 16.5% year to date as of the close of trading on Monday. Currently there are 12 analysts that rate Intel a buy, 3 analysts rate it a sell, and 23 rate it a hold.

TheStreet Ratings rates Intel 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, attractive valuation levels, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Intel Ratings Report now.

If you are interested in one of these 5 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).

A reminder about TheStreet Ratings group: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.
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