5 Stocks Dragging In The Technology Sector

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 up today with the Dow Jones Industrial Average ( ^DJI) trading up 79 points (0.5%) at 15,467 as of Wednesday, May 22, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,746 issues advancing vs. 1,183 declining with 133 unchanged.

The Technology sector currently is unchanged today versus the S&P 500, which is up 0.5%. On the negative front, top decliners within the sector include Baidu ( BIDU), down 2.13, Amphenol ( APH), down 2.16, Crown Castle International ( CCI), down 1.65, China Telecom ( CHA), down 1.64 and ABB ( ABB), down 0.88. Top gainers within the sector include Kyocera Corporation ( KYO), up 4.9%, Cree ( CREE), up 4.4%, Intuit ( INTU), up 3.6%, NetApp ( NTAP), up 3.2% and Nippon Telegraph & Telephone ( NTT), up 1.6%.

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

5. NTT DoCoMo ( DCM) is one of the companies pushing the Technology sector lower today. As of noon trading, NTT DoCoMo is down $0.07 (-0.4%) to $16.07 on light volume Thus far, 67,257 shares of NTT DoCoMo exchanged hands as compared to its average daily volume of 407,900 shares. The stock has ranged in price between $16.05-$16.22 after having opened the day at $16.14 as compared to the previous trading day's close of $16.14.

NTT DOCOMO, INC. provides mobile telephone services over its long term evolution and W-CDMA networks. NTT DoCoMo has a market cap of $67.1 billion and is part of the telecommunications industry. The company has a P/E ratio of 14.3, below the S&P 500 P/E ratio of 17.7. Shares are up 12.0% year to date as of the close of trading on Tuesday.

TheStreet Ratings rates NTT DoCoMo 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, reasonable valuation levels and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. Get the full NTT DoCoMo 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.

4. As of noon trading, BT Group ( BT) is down $0.52 (-1.1%) to $48.17 on average volume Thus far, 87,671 shares of BT Group exchanged hands as compared to its average daily volume of 153,000 shares. The stock has ranged in price between $48.12-$48.86 after having opened the day at $48.52 as compared to the previous trading day's close of $48.69.

BT Group plc provides communications solutions and services worldwide. It operates in four segments: BT Global Services, BT Retail, BT Wholesale, and Openreach. The BT Global Services segment provides managed networked IT services to large corporate and public sector customers. BT Group has a market cap of $39.9 billion and is part of the telecommunications industry. The company has a P/E ratio of 10.3, below the S&P 500 P/E ratio of 17.7. Shares are up 28.0% year to date as of the close of trading on Tuesday.

TheStreet Ratings rates BT Group as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance and good cash flow from operations. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full BT Group 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.

3. As of noon trading, Turkcell Iletisim Hizmetleri AS ( TKC) is down $0.55 (-3.4%) to $15.75 on average volume Thus far, 352,030 shares of Turkcell Iletisim Hizmetleri AS exchanged hands as compared to its average daily volume of 486,200 shares. The stock has ranged in price between $15.75-$15.93 after having opened the day at $15.88 as compared to the previous trading day's close of $16.30.

Turkcell Iletisim Hizmetleri A.S. engages in establishing and operating a global system for mobile communications network primarily in Turkey. It provides mobile voice, broadband, and other services on postpaid and prepaid basis. Turkcell Iletisim Hizmetleri AS has a market cap of $14.0 billion and is part of the telecommunications industry. The company has a P/E ratio of 12.0, below the S&P 500 P/E ratio of 17.7. Shares are up 1.0% year to date as of the close of trading on Tuesday.

TheStreet Ratings rates Turkcell Iletisim Hizmetleri AS 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, notable return on equity, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Turkcell Iletisim Hizmetleri AS 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.

2. As of noon trading, VimpelCom ( VIP) is down $0.21 (-1.9%) to $10.70 on average volume Thus far, 606,906 shares of VimpelCom exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $10.68-$10.94 after having opened the day at $10.86 as compared to the previous trading day's close of $10.91.

VimpelCom Ltd., a telecommunications service operator, provides voice and data services through a range of traditional and broadband mobile and fixed technologies. VimpelCom has a market cap of $17.6 billion and is part of the telecommunications industry. The company has a P/E ratio of 7.9, below the S&P 500 P/E ratio of 17.7. Shares are up 4.0% year to date as of the close of trading on Tuesday.

TheStreet Ratings rates VimpelCom as a hold. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth and attractive valuation levels. However, as a counter to these strengths, we find that the company has favored debt over equity in the management of its balance sheet. Get the full VimpelCom 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.

1. As of noon trading, SolarWinds ( SWI) is down $5.84 (-12.2%) to $42.07 on heavy volume Thus far, 2.8 million shares of SolarWinds exchanged hands as compared to its average daily volume of 826,100 shares. The stock has ranged in price between $42.03-$46.80 after having opened the day at $46.01 as compared to the previous trading day's close of $47.91.

SolarWinds, Inc. designs, develops, markets, sells, and supports enterprise-class information technology (IT) and infrastructure management software to IT professionals in various organizations worldwide. SolarWinds has a market cap of $3.6 billion and is part of the computer software & services industry. The company has a P/E ratio of 42.3, above the S&P 500 P/E ratio of 17.7. Shares are down 8.7% year to date as of the close of trading on Tuesday.

TheStreet Ratings rates SolarWinds 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 expanding profit margins. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. Get the full SolarWinds 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 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.

null

More from Markets

Week Ahead: Trade Fears and Stress Tests Signal More Volatility To Come

Week Ahead: Trade Fears and Stress Tests Signal More Volatility To Come

Trump Takes Aim at Auto Imports; Markets End Mixed -- ICYMI

Trump Takes Aim at Auto Imports; Markets End Mixed -- ICYMI

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

REPLAY: Jim Cramer on the Markets, Oil, Starbucks, Tesla, Okta and Red Hat

REPLAY: Jim Cramer on the Markets, Oil, Starbucks, Tesla, Okta and Red Hat

Flashback Friday: The Market Movers

Flashback Friday: The Market Movers