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

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 28 points (-0.2%) at 13,217 as of Thursday, Dec. 13, 2012, 12:05 PM ET. The NYSE advances/declines ratio sits at 1,125 issues advancing vs. 1,742 declining with 157 unchanged.

The Technology sector currently sits up 0.1% versus the S&P 500, which is down 0.3%. On the negative front, top decliners within the sector include Broadcom Corporation ( BRCM), down 2.8%, Infosys ( INFY), down 2.3%, Nippon Telegraph & Telephone ( NTT), down 1.9%, Texas Instruments ( TXN), down 0.8% and NTT DoCoMo ( DCM), down 0.8%. Top gainers within the sector include Clearwire ( CLWR), up 14.2%, AU Optronics Corporation ( AUO), up 7.9%, Research in Motion ( RIMM), up 5.0%, Ericsson Telephone Company ( ERIC), up 1.1% and Taiwan Semiconductor Manufacturing ( TSM), up 0.8%.

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

5. Sap AG ADR ( SAP) is one of the companies pushing the Technology sector lower today. As of noon trading, Sap AG ADR is down $0.64 (-0.8%) to $79.11 on light volume Thus far, 267,836 shares of Sap AG ADR exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $79.06-$79.79 after having opened the day at $79.57 as compared to the previous trading day's close of $79.75.

SAP AG provides enterprise application software and software-related services worldwide. Sap AG ADR has a market cap of $95.2 billion and is part of the computer software & services industry. The company has a P/E ratio of 21.3, above the S&P 500 P/E ratio of 17.7. Shares are up 50.6% year to date as of the close of trading on Wednesday. Currently there are 6 analysts that rate Sap AG ADR a buy, 2 analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates Sap AG ADR as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures 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 Sap AG ADR Ratings Report now.

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4. As of noon trading, Accenture ( ACN) is down $0.75 (-1.1%) to $69.76 on light volume Thus far, 639,326 shares of Accenture exchanged hands as compared to its average daily volume of 3.1 million shares. The stock has ranged in price between $69.66-$70.50 after having opened the day at $70.31 as compared to the previous trading day's close of $70.51.

Accenture plc operates as a management consulting, technology services, and outsourcing company worldwide. Accenture has a market cap of $45.2 billion and is part of the computer software & services industry. The company has a P/E ratio of 18.4, above the S&P 500 P/E ratio of 17.7. Shares are up 33.1% year to date as of the close of trading on Wednesday. Currently there are 12 analysts that rate Accenture a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Accenture 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, notable return on equity, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Accenture Ratings Report now.

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3. As of noon trading, EMC Corporation ( EMC) is down $0.18 (-0.7%) to $24.49 on average volume Thus far, 7.0 million shares of EMC Corporation exchanged hands as compared to its average daily volume of 18.4 million shares. The stock has ranged in price between $24.45-$24.78 after having opened the day at $24.65 as compared to the previous trading day's close of $24.67.

EMC Corporation develops, delivers, and supports the information and virtual infrastructure technologies and solutions. EMC Corporation has a market cap of $53.3 billion and is part of the computer hardware industry. The company has a P/E ratio of 20.8, above the S&P 500 P/E ratio of 17.7. Shares are up 14.5% year to date as of the close of trading on Wednesday. Currently there are 29 analysts that rate EMC Corporation a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates EMC Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, growth in earnings per share, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full EMC Corporation Ratings Report now.

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2. As of noon trading, Oracle Corporation ( ORCL) is down $0.23 (-0.7%) to $31.71 on light volume Thus far, 8.2 million shares of Oracle Corporation exchanged hands as compared to its average daily volume of 22.9 million shares. The stock has ranged in price between $31.64-$32.01 after having opened the day at $31.93 as compared to the previous trading day's close of $31.94.

Oracle Corporation develops, manufactures, markets, hosts, and supports database and middleware software, applications software, and hardware systems. Oracle Corporation has a market cap of $155.8 billion and is part of the computer software & services industry. The company has a P/E ratio of 16.1, below the S&P 500 P/E ratio of 17.7. Shares are up 26.1% year to date as of the close of trading on Wednesday. Currently there are 20 analysts that rate Oracle Corporation a buy, no analysts rate it a sell, and 14 rate it a hold.

TheStreet Ratings rates Oracle Corporation as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, notable return on equity, reasonable valuation levels and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full Oracle Corporation Ratings Report now.

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1. As of noon trading, Apple ( AAPL) is down $5.89 (-1.1%) to $533.11 on average volume Thus far, 9.7 million shares of Apple exchanged hands as compared to its average daily volume of 21.2 million shares. The stock has ranged in price between $529.30-$537.64 after having opened the day at $531.15 as compared to the previous trading day's close of $539.00.

Apple Inc., together with subsidiaries, designs, manufactures, and markets personal computers, mobile communication devices, and portable digital music and video players, as well as sells various related software, services, peripherals, and networking solutions. Apple has a market cap of $509.3 billion and is part of the computer hardware industry. The company has a P/E ratio of 12.3, below the S&P 500 P/E ratio of 17.7. Shares are up 33.1% year to date as of the close of trading on Wednesday. Currently there are 36 analysts that rate Apple a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Apple as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, robust revenue growth and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Apple 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).

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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