3 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 lower today with the Dow Jones Industrial Average ( ^DJI) trading down 40 points (-0.3%) at 14,679 as of Wednesday, April 24, 2013, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,751 issues advancing vs. 1,159 declining with 143 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 AT&T ( T), down 5.67, Verizon Communications ( VZ), down 1.32, America Movil S.A.B. de C.V ( AMX), down 0.91 and America Movil S.A.B. de C.V ( AMOV), down 0.95. Top gainers within the sector include Kyocera Corporation ( KYO), up 4.1%, Sap AG ADR ( SAP), up 2.2%, Telefonica ( TEF), up 1.6%, Microsoft Corporation ( MSFT), up 1.7% and Siemens ( SI), up 1.2%.

TheStreet Ratings group would like to highlight 3 stocks pushing the sector lower today:

3. Motorola Solutions ( MSI) is one of the companies pushing the Technology sector lower today. As of noon trading, Motorola Solutions is down $6.05 (-9.8%) to $55.70 on heavy volume Thus far, 5.0 million shares of Motorola Solutions exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $53.28-$57.10 after having opened the day at $54.74 as compared to the previous trading day's close of $61.75.

Motorola Solutions, Inc. provides mission critical communication infrastructure, devices, software, and services worldwide. It operates in two segments, Government and Enterprise. Motorola Solutions has a market cap of $16.8 billion and is part of the telecommunications industry. The company has a P/E ratio of 20.9, above the S&P 500 P/E ratio of 17.7. Shares are up 10.9% year to date as of the close of trading on Tuesday.

TheStreet Ratings rates Motorola Solutions as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, increase in net income, revenue growth and notable return on equity. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Motorola Solutions Ratings Report now.

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2. As of noon trading, Juniper Networks ( JNPR) is down $1.56 (-9.0%) to $15.80 on heavy volume Thus far, 21.2 million shares of Juniper Networks exchanged hands as compared to its average daily volume of 6.5 million shares. The stock has ranged in price between $15.62-$16.46 after having opened the day at $16.15 as compared to the previous trading day's close of $17.36.

Juniper Networks, Inc. designs, develops, and sells products and services that provide network infrastructure for networking requirements of service providers, enterprises, governments, and research and public sector organizations worldwide. Juniper Networks has a market cap of $8.7 billion and is part of the computer hardware industry. The company has a P/E ratio of 48.9, above the S&P 500 P/E ratio of 17.7. Shares are down 11.7% year to date as of the close of trading on Tuesday.

TheStreet Ratings rates Juniper Networks as a hold. 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 and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and disappointing return on equity. Get the full Juniper Networks Ratings Report now.

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1. As of noon trading, CenturyLink ( CTL) is down $1.21 (-3.2%) to $36.68 on heavy volume Thus far, 10.7 million shares of CenturyLink exchanged hands as compared to its average daily volume of 7.9 million shares. The stock has ranged in price between $36.34-$37.73 after having opened the day at $37.70 as compared to the previous trading day's close of $37.89.

CenturyLink, Inc. operates as an integrated telecommunications company in the United States. CenturyLink has a market cap of $23.0 billion and is part of the telecommunications industry. The company has a P/E ratio of 24.6, above the S&P 500 P/E ratio of 17.7. Shares are down 3.1% year to date as of the close of trading on Tuesday.

TheStreet Ratings rates CenturyLink as a hold. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, reasonable valuation levels and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and generally higher debt management risk. Get the full CenturyLink 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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