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

Two out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 24 points (0.2%) at 14,421 as of Monday, March 11, 2013, 12:45 PM ET. The NYSE advances/declines ratio sits at 1,375 issues advancing vs. 1,531 declining with 142 unchanged.

The Technology sector currently sits up 0.2% versus the S&P 500, which is up 0.1%. On the negative front, top decliners within the sector include Akamai Technologies ( AKAM), down 2.7%, Telecom Italia SpA ADR ( TI.A), down 2.7%, Telecom Italia SpA ( TI), down 2.1%, Intuit ( INTU), down 1.8% and China Unicom (Hong Kong ( CHU), down 1.4%. Top gainers within the sector include Research in Motion ( BBRY), up 11.0%, Research in Motion ( RIMM), up 11.0%, Ericsson Telephone Company ( ERIC), up 1.0%, EMC Corporation ( EMC), up 1.3% and BT Group ( BT), up 1.2%.

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

5. America Movil S.A.B. de C.V ( AMX) is one of the companies pushing the Technology sector lower today. As of noon trading, America Movil S.A.B. de C.V is down $0.34 (-1.6%) to $21.10 on heavy volume Thus far, 10.0 million shares of America Movil S.A.B. de C.V exchanged hands as compared to its average daily volume of 7.5 million shares. The stock has ranged in price between $20.70-$21.45 after having opened the day at $21.20 as compared to the previous trading day's close of $21.44.

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 $79.0 billion and is part of the telecommunications industry. The company has a P/E ratio of 11.5, below the S&P 500 P/E ratio of 17.7. Shares are down 7.3% 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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4. As of noon trading, Cognizant Technology Solutions Corporation ( CTSH) is down $1.20 (-1.5%) to $79.30 on light volume Thus far, 747,082 shares of Cognizant Technology Solutions Corporation exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $79.01-$79.76 after having opened the day at $79.20 as compared to the previous trading day's close of $80.51.

Cognizant Technology Solutions Corporation provides information technology (IT), consulting, and business process outsourcing services worldwide. The company operates through four segments: Financial Services; Healthcare; Manufacturing, Retail, and Logistics; and Other. Cognizant Technology Solutions Corporation has a market cap of $24.3 billion and is part of the computer software & services industry. The company has a P/E ratio of 23.4, above the S&P 500 P/E ratio of 17.7. Shares are up 9.0% year to date as of the close of trading on Friday. Currently there are 20 analysts that rate Cognizant Technology Solutions Corporation a buy, no analysts rate it a sell, and 1 rates it a hold.

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

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3. As of noon trading, Nokia Oyj ( NOK) is down $0.06 (-1.6%) to $3.62 on light volume Thus far, 20.8 million shares of Nokia Oyj exchanged hands as compared to its average daily volume of 58.9 million shares. The stock has ranged in price between $3.56-$3.64 after having opened the day at $3.61 as compared to the previous trading day's close of $3.68.

Nokia Corporation provides telecommunications infrastructure hardware, software, and services worldwide. The company offers smart phones and smart devices; and feature phones, and related services and applications. Nokia Oyj has a market cap of $13.8 billion and is part of the telecommunications industry. Shares are down 6.8% year to date as of the close of trading on Friday. Currently there are 4 analysts that rate Nokia Oyj a buy, 9 analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Nokia Oyj as a sell. The company's weaknesses can be seen in multiple areas, such as its disappointing return on equity, weak operating cash flow and generally disappointing historical performance in the stock itself. Get the full Nokia Oyj Ratings Report now.

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2. As of noon trading, Yahoo ( YHOO) is down $0.26 (-1.1%) to $22.64 on average volume Thus far, 8.3 million shares of Yahoo exchanged hands as compared to its average daily volume of 20.5 million shares. The stock has ranged in price between $22.57-$23.00 after having opened the day at $22.80 as compared to the previous trading day's close of $22.90.

Yahoo! Inc., a technology company, provides search, content, and communication tools on the Web and on mobile devices worldwide. Yahoo has a market cap of $25.0 billion and is part of the internet industry. The company has a P/E ratio of 6.9, below the S&P 500 P/E ratio of 17.7. Shares are up 15.1% year to date as of the close of trading on Friday. Currently there are 7 analysts that rate Yahoo a buy, 1 analyst rates it a sell, and 16 rate it a hold.

TheStreet Ratings rates Yahoo as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, reasonable valuation levels, expanding profit margins 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 Yahoo Ratings Report now.

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1. As of noon trading, Verizon Communications ( VZ) is down $0.32 (-0.7%) to $47.64 on light volume Thus far, 4.6 million shares of Verizon Communications exchanged hands as compared to its average daily volume of 13.7 million shares. The stock has ranged in price between $47.55-$47.98 after having opened the day at $47.90 as compared to the previous trading day's close of $47.96.

Verizon Communications Inc., through its subsidiaries, provides communications, information and entertainment products and services to consumers, businesses, and governmental agencies worldwide. Verizon Communications has a market cap of $135.7 billion and is part of the telecommunications industry. The company has a P/E ratio of 153.2, above the S&P 500 P/E ratio of 17.7. Shares are up 10.8% year to date as of the close of trading on Friday. Currently there are 14 analysts that rate Verizon Communications a buy, no analysts rate it a sell, and 13 rate it a hold.

TheStreet Ratings rates Verizon Communications as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally higher debt management risk and disappointing return on equity. Get the full Verizon Communications 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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