4 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 24 points (-0.2%) at 13,886 as of Thursday, Jan. 31, 2013, 11:49 AM ET. The NYSE advances/declines ratio sits at 1,305 issues advancing vs. 1,515 declining with 144 unchanged.

The Technology sector currently sits up 0.2% versus the S&P 500, which is down 0.3%. On the negative front, top decliners within the sector include Research in Motion ( RIMM), down 7.0%, Nokia Oyj ( NOK), down 4.2%, Yahoo ( YHOO), down 2.6%, Kyocera Corporation ( KYO), down 2.1% and Baidu ( BIDU), down 0.9%. Top gainers within the sector include Citrix Systems ( CTXS), up 10.0%, Ericsson Telephone Company ( ERIC), up 8.6%, NTT DoCoMo ( DCM), up 2.8%, China Unicom (Hong Kong ( CHU), up 1.1% and AT&T ( T), up 1.1%.

TheStreet Ratings group would like to highlight 4 stocks pushing the sector lower today:

4. Telefonica ( TEF) is one of the companies pushing the Technology sector lower today. As of noon trading, Telefonica is down $0.12 (-0.8%) to $14.42 on average volume Thus far, 666,937 shares of Telefonica exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $14.42-$14.60 after having opened the day at $14.53 as compared to the previous trading day's close of $14.54.

Telefonica, S.A. provides fixed and mobile telephony services primarily in Spain, Latin America, and rest of Europe. Telefonica has a market cap of $66.3 billion and is part of the telecommunications industry. The company has a P/E ratio of 57.4, above the S&P 500 P/E ratio of 17.7. Shares are up 8.2% year to date as of the close of trading on Wednesday. Currently there are no analysts that rate Telefonica a buy, 2 analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Telefonica as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk, poor profit margins and a generally disappointing performance in the stock itself. Get the full Telefonica Ratings Report now.

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3. As of noon trading, Concur Technologies ( CNQR) is down $5.51 (-7.6%) to $67.04 on heavy volume Thus far, 1.4 million shares of Concur Technologies exchanged hands as compared to its average daily volume of 463,200 shares. The stock has ranged in price between $66.77-$69.90 after having opened the day at $67.02 as compared to the previous trading day's close of $72.55.

Concur Technologies, Inc. provides integrated travel and expense management solutions for companies of various industries, sizes, and geographies worldwide. Concur Technologies has a market cap of $4.0 billion and is part of the computer software & services industry. Shares are up 6.9% year to date as of the close of trading on Wednesday. Currently there are 5 analysts that rate Concur Technologies a buy, 2 analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Concur Technologies 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 has favored debt over equity in the management of its balance sheet. Get the full Concur Technologies Ratings Report now.

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2. As of noon trading, Intel ( INTC) is down $0.27 (-1.3%) to $21.10 on light volume Thus far, 13.3 million shares of Intel exchanged hands as compared to its average daily volume of 50.9 million shares. The stock has ranged in price between $21.06-$21.32 after having opened the day at $21.30 as compared to the previous trading day's close of $21.37.

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 $104.7 billion and is part of the electronics industry. The company has a P/E ratio of 9.5, below the S&P 500 P/E ratio of 17.7. Shares are up 3.2% year to date as of the close of trading on Wednesday. Currently there are 11 analysts that rate Intel a buy, 5 analysts rate it a sell, and 22 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 somewhat weak growth in earnings per share. Get the full Intel Ratings Report now.

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1. As of noon trading, Microsoft Corporation ( MSFT) is down $0.29 (-1.0%) to $27.56 on light volume Thus far, 15.8 million shares of Microsoft Corporation exchanged hands as compared to its average daily volume of 54.9 million shares. The stock has ranged in price between $27.51-$27.97 after having opened the day at $27.79 as compared to the previous trading day's close of $27.85.

Microsoft Corporation develops, licenses, and supports software products and services; and designs and sells hardware worldwide. Microsoft Corporation has a market cap of $233.8 billion and is part of the computer software & services industry. The company has a P/E ratio of 15.4, below the S&P 500 P/E ratio of 17.7. Shares are up 4.9% year to date as of the close of trading on Wednesday. Currently there are 18 analysts that rate Microsoft Corporation a buy, no analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates Microsoft Corporation 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, attractive valuation levels, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Microsoft Corporation Ratings Report now.

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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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