5 Stocks Pulling The Technology Sector Downward

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 68 points (-0.5%) at 14,443 as of Monday, March 25, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,111 issues advancing vs. 1,777 declining with 156 unchanged.

The Technology sector currently sits down 0.4% versus the S&P 500, which is down 0.3%. On the negative front, top decliners within the sector include Red Hat ( RHT), down 4.6%, Telecom Italia SpA ( TI), down 4.2%, Check Point Software Technologies ( CHKP), down 3.7%, VMWare ( VMW), down 3.3% and Nokia Oyj ( NOK), down 3.2%. Top gainers within the sector include AU Optronics Corporation ( AUO), up 5.4%, America Movil S.A.B. de C.V ( AMOV), up 1.3%, Kyocera Corporation ( KYO), up 1.3% and BT Group ( BT), up 1.1%.

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

5. LinkedIn ( LNKD) is one of the companies pushing the Technology sector lower today. As of noon trading, LinkedIn is down $5.50 (-3.0%) to $175.98 on average volume Thus far, 1.5 million shares of LinkedIn exchanged hands as compared to its average daily volume of 2.3 million shares. The stock has ranged in price between $175.10-$182.29 after having opened the day at $182.25 as compared to the previous trading day's close of $181.48.

LinkedIn Corporation operates an online professional network. LinkedIn has a market cap of $15.6 billion and is part of the internet industry. The company has a P/E ratio of 919.3, above the S&P 500 P/E ratio of 17.7. Shares are up 52.4% year to date as of the close of trading on Friday. Currently there are 11 analysts that rate LinkedIn a buy, no analysts rate it a sell, and 14 rate it a hold.

TheStreet Ratings rates LinkedIn as a sell. Among the areas we feel are negative, one of the most important has been premium valuation based on our review of its current price compared to such things as earnings and book value. Get the full LinkedIn Ratings Report now.

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4. As of noon trading, Research in Motion ( RIMM) is down $0.54 (-3.6%) to $14.37 on heavy volume Thus far, 56.2 million shares of Research in Motion exchanged hands as compared to its average daily volume of 54.8 million shares. The stock has ranged in price between $13.64-$14.62 after having opened the day at $13.97 as compared to the previous trading day's close of $14.91.

Research In Motion Limited designs, manufactures, and markets wireless solutions for the mobile communications market worldwide. Research in Motion has a market cap of $6.8 billion and is part of the telecommunications industry. Shares are up 9.4% year to date as of the close of trading on Friday. Currently there are 3 analysts that rate Research in Motion a buy, 15 analysts rate it a sell, and 13 rate it a hold.

TheStreet Ratings rates Research in Motion as a sell. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, disappointing return on equity and poor profit margins. Get the full Research in Motion Ratings Report now.

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3. As of noon trading, Intel ( INTC) is down $0.16 (-0.8%) to $21.17 on light volume Thus far, 15.5 million shares of Intel exchanged hands as compared to its average daily volume of 44.1 million shares. The stock has ranged in price between $21.14-$21.42 after having opened the day at $21.39 as compared to the previous trading day's close of $21.33.

Intel Corporation designs, manufactures, and sells integrated digital technology platforms worldwide. The company operates through PC Client Group, Data Center Group, Other Intel Architecture, Software and Services, and All Other segments. Intel has a market cap of $104.8 billion and is part of the electronics industry. The company has a P/E ratio of 9.9, below the S&P 500 P/E ratio of 17.7. Shares are up 2.0% year to date as of the close of trading on Friday. Currently there are 10 analysts that rate Intel a buy, 4 analysts rate it a sell, and 21 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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2. As of noon trading, Research in Motion ( BBRY) is down $0.54 (-3.6%) to $14.37 on heavy volume Thus far, 56.2 million shares of Research in Motion exchanged hands as compared to its average daily volume of 64.0 million shares. The stock has ranged in price between $13.64-$14.62 after having opened the day at $13.97 as compared to the previous trading day's close of $14.91.

Research In Motion Limited designs, manufactures, and markets wireless solutions worldwide. Research in Motion has a market cap of $8.4 billion and is part of the telecommunications industry. Shares are up 36.1% year to date as of the close of trading on Friday. Currently there are 5 analysts that rate Research in Motion a buy, 13 analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates Research in Motion as a sell. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, disappointing return on equity and poor profit margins. Get the full Research in Motion Ratings Report now.

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1. As of noon trading, Microsoft Corporation ( MSFT) is down $0.18 (-0.6%) to $28.07 on average volume Thus far, 17.3 million shares of Microsoft Corporation exchanged hands as compared to its average daily volume of 45.9 million shares. The stock has ranged in price between $27.96-$28.35 after having opened the day at $28.30 as compared to the previous trading day's close of $28.25.

Microsoft Corporation develops, licenses, and supports software products and services; and designs and sells hardware worldwide. Microsoft Corporation has a market cap of $237.2 billion and is part of the computer software & services industry. The company has a P/E ratio of 15.6, below the S&P 500 P/E ratio of 17.7. Shares are up 5.2% year to date as of the close of trading on Friday. Currently there are 17 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 shows weak operating cash flow. Get the full Microsoft Corporation 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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