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 15 points (-0.1%) at 14,074 as of Monday, March 4, 2013, 12:05 PM ET. The NYSE advances/declines ratio sits at 1,220 issues advancing vs. 1,591 declining with 184 unchanged.

The Technology sector currently is unchanged today versus the S&P 500, which is unchanged. On the negative front, top decliners within the sector include Baidu ( BIDU), down 3.0%, China Unicom (Hong Kong ( CHU), down 2.5%, Nokia Oyj ( NOK), down 2.4%, Mobile Telesystems OJSC ( MBT), down 1.9% and P.T. Telekomunikasi Indonesia Tbk ( TLK), down 1.4%. Top gainers within the sector include Yahoo ( YHOO), up 2.6%, Telefonica ( TEF), up 2.5%, Google ( GOOG), up 1.0%, Ericsson Telephone Company ( ERIC), up 0.8% and AT&T ( T), up 0.7%.

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

5. Infosys ( INFY) is one of the companies pushing the Technology sector lower today. As of noon trading, Infosys is down $0.42 (-0.8%) to $53.56 on average volume Thus far, 1.1 million shares of Infosys exchanged hands as compared to its average daily volume of 2.2 million shares. The stock has ranged in price between $53.14-$53.62 after having opened the day at $53.35 as compared to the previous trading day's close of $53.97.

Infosys Limited provides business consulting, technology, engineering, and outsourcing services worldwide. Infosys has a market cap of $30.8 billion and is part of the computer software & services industry. The company has a P/E ratio of 18.0, above the S&P 500 P/E ratio of 17.7. Shares are up 27.5% year to date as of the close of trading on Friday. Currently there are 3 analysts that rate Infosys a buy, 3 analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates Infosys 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, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Infosys Ratings Report now.

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4. As of noon trading, ASML ( ASML) is down $0.69 (-1.0%) to $70.94 on light volume Thus far, 662,419 shares of ASML exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $70.56-$71.29 after having opened the day at $71.26 as compared to the previous trading day's close of $71.63.

ASML Holding NV engages in designing, manufacturing, marketing, and servicing semiconductor processing equipment used in the fabrication of integrated circuits or chips worldwide. ASML has a market cap of $28.9 billion and is part of the electronics industry. Shares are up 10.2% year to date as of the close of trading on Friday. Currently there are 8 analysts that rate ASML a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates ASML 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, increase in net income, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. Get the full ASML Ratings Report now.

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3. As of noon trading, America Movil S.A.B. de C.V ( AMX) is down $0.24 (-1.2%) to $20.59 on light volume Thus far, 2.1 million shares of America Movil S.A.B. de C.V exchanged hands as compared to its average daily volume of 7.6 million shares. The stock has ranged in price between $20.25-$20.73 after having opened the day at $20.61 as compared to the previous trading day's close of $20.83.

America Movil, S.A.B. de C.V. provides telecommunications services primarily in the United States, Latin America, and the Caribbean. The company offers mobile and fixed voice services, including airtime, local, long-distance, public telephony, and network interconnection services. America Movil S.A.B. de C.V has a market cap of $79.4 billion and is part of the telecommunications industry. The company has a P/E ratio of 11.6, below the S&P 500 P/E ratio of 17.7. Shares are down 9.7% year to date as of the close of trading on Friday. Currently there are 3 analysts that rate America Movil S.A.B. de C.V a buy, 2 analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates America Movil S.A.B. de C.V as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity, growth in earnings per share and expanding profit margins. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full America Movil S.A.B. de C.V Ratings Report now.

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2. As of noon trading, Taiwan Semiconductor Manufacturing ( TSM) is down $0.15 (-0.8%) to $18.10 on average volume Thus far, 4.1 million shares of Taiwan Semiconductor Manufacturing exchanged hands as compared to its average daily volume of 9.2 million shares. The stock has ranged in price between $17.88-$18.10 after having opened the day at $17.89 as compared to the previous trading day's close of $18.25.

Taiwan Semiconductor Manufacturing Company Limited engages in the computer-aided design, manufacture, packaging, testing, sale, and marketing of integrated circuits and other semiconductor devices. Taiwan Semiconductor Manufacturing has a market cap of $94.6 billion and is part of the electronics industry. The company has a P/E ratio of 21.2, above the S&P 500 P/E ratio of 17.7. Shares are up 6.4% year to date as of the close of trading on Friday. Currently there are 2 analysts that rate Taiwan Semiconductor Manufacturing a buy, no analysts rate 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 robust revenue growth, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. 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.

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1. As of noon trading, Hewlett-Packard ( HPQ) is down $0.18 (-0.9%) to $19.97 on light volume Thus far, 9.7 million shares of Hewlett-Packard exchanged hands as compared to its average daily volume of 28.9 million shares. The stock has ranged in price between $19.78-$20.14 after having opened the day at $20.05 as compared to the previous trading day's close of $20.15.

Hewlett-Packard Company and its subsidiaries provide products, technologies, software, solutions, and services to individual consumers, small-and medium-sized businesses (SMBs), and large enterprises, including customers in the government, health, and education sectors worldwide. Hewlett-Packard has a market cap of $39.3 billion and is part of the computer hardware industry. Shares are up 41.3% year to date as of the close of trading on Friday. Currently there is 1 analyst that rates Hewlett-Packard a buy, 6 analysts rate it a sell, and 17 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, generally high debt management risk, disappointing return on equity, poor profit margins and generally disappointing historical performance in the stock itself. Get the full Hewlett-Packard Ratings Report now.

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If you are interested in one of these 4 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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