MBT, SAP, TDC, INFY And CRM, Pushing 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

One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading up 15 points (0.1%) at 14,565 as of Thursday, April 4, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,512 issues advancing vs. 1,354 declining with 153 unchanged.

The Technology sector currently is unchanged today versus the S&P 500, which is up 0.1%. On the negative front, top decliners within the sector include America Movil S.A.B. de C.V ( AMOV), down 4.2%, Wipro ( WIT), down 1.7%, VimpelCom ( VIP), down 1.6%, Ericsson Telephone Company ( ERIC), down 1.5% and Google ( GOOG), down 1.4%. Top gainers within the sector include Telecom Italia SpA ADR ( TI.A), up 8.2%, Telecom Italia SpA ( TI), up 7.3%, Kyocera Corporation ( KYO), up 2.7%, Agilent Technologies ( A), up 1.6% and AT&T ( T), up 1.2%.

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

5. Mobile Telesystems OJSC ( MBT) is one of the companies pushing the Technology sector lower today. As of noon trading, Mobile Telesystems OJSC is down $0.55 (-2.7%) to $19.94 on heavy volume Thus far, 2.3 million shares of Mobile Telesystems OJSC exchanged hands as compared to its average daily volume of 2.2 million shares. The stock has ranged in price between $19.80-$20.21 after having opened the day at $20.11 as compared to the previous trading day's close of $20.49.

Mobile TeleSystems OJSC, together with its subsidiaries, provides telecommunications services primarily in the Russian Federation, Ukraine, Uzbekistan, Armenia, and Belarus. Mobile Telesystems OJSC has a market cap of $20.7 billion and is part of the telecommunications industry. The company has a P/E ratio of 14.2, below the S&P 500 P/E ratio of 17.7. Shares are up 9.9% year to date as of the close of trading on Wednesday. Currently there are 5 analysts that rate Mobile Telesystems OJSC a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Mobile Telesystems OJSC as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, increase in net income, 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 Mobile Telesystems OJSC Ratings Report now.

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4. As of noon trading, Sap AG ADR ( SAP) is down $1.07 (-1.3%) to $79.17 on average volume Thus far, 734,871 shares of Sap AG ADR exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $78.76-$80.34 after having opened the day at $79.77 as compared to the previous trading day's close of $80.24.

SAP AG provides enterprise application software and software-related services worldwide. It offers products in applications, analytics, cloud, mobile, and database and technology categories. Sap AG ADR has a market cap of $99.3 billion and is part of the computer software & services industry. The company has a P/E ratio of 21.5, above the S&P 500 P/E ratio of 17.7. Shares are down 0.2% year to date as of the close of trading on Wednesday. Currently there are 5 analysts that rate Sap AG ADR a buy, 2 analysts rate it a sell, and 12 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 robust revenue growth, solid stock price performance, increase in net income, expanding profit margins and growth in earnings per share. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Sap AG ADR Ratings Report now.

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3. As of noon trading, Teradata Corporation ( TDC) is down $4.43 (-7.9%) to $51.64 on heavy volume Thus far, 12.0 million shares of Teradata Corporation exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $51.57-$56.00 after having opened the day at $56.00 as compared to the previous trading day's close of $56.07.

Teradata Corporation provides analytic data solutions worldwide. The company offers data warehousing solutions that include software, hardware, and related business consulting and support services. Teradata Corporation has a market cap of $9.4 billion and is part of the computer hardware industry. The company has a P/E ratio of 23.4, above the S&P 500 P/E ratio of 17.7. Shares are down 9.4% year to date as of the close of trading on Wednesday. Currently there are 11 analysts that rate Teradata Corporation a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Teradata 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, impressive record of earnings per share growth, increase in net income 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 Teradata Corporation Ratings Report now.

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2. As of noon trading, Infosys ( INFY) is down $1.29 (-2.4%) to $52.35 on light volume Thus far, 673,797 shares of Infosys exchanged hands as compared to its average daily volume of 2.1 million shares. The stock has ranged in price between $52.19-$52.75 after having opened the day at $52.60 as compared to the previous trading day's close of $53.64.

Infosys Limited provides business consulting, technology, engineering, and outsourcing services worldwide. Infosys has a market cap of $31.0 billion and is part of the computer software & services industry. The company has a P/E ratio of 18.1, above the S&P 500 P/E ratio of 17.7. Shares are up 26.8% year to date as of the close of trading on Wednesday. Currently there are 3 analysts that rate Infosys a buy, 4 analysts rate it a sell, and 9 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, reasonable valuation levels, 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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1. As of noon trading, Salesforce.com ( CRM) is down $3.51 (-2.1%) to $165.00 on average volume Thus far, 765,632 shares of Salesforce.com exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $164.83-$168.66 after having opened the day at $168.52 as compared to the previous trading day's close of $168.51.

salesforce.com, inc. provides enterprise cloud computing solutions to various businesses and industries worldwide. Salesforce.com has a market cap of $25.7 billion and is part of the computer software & services industry. Shares are up 0.2% year to date as of the close of trading on Wednesday. Currently there are 27 analysts that rate Salesforce.com a buy, 2 analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Salesforce.com as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and feeble growth in the company's earnings per share. Get the full Salesforce.com Ratings Report now.

Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks for 14-days FREE.

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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