4 Stocks Underperforming Today 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 8 points (0.1%) at 15,256 as of Monday, June 10, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,353 issues advancing vs. 1,578 declining with 107 unchanged.

The Technology sector currently sits up 0.6% versus the S&P 500, which is up 0.1%. On the negative front, top decliners within the sector include Telecom Italia SpA ( TI.A), down 4.76, Catamaran ( CTRX), down 4.00, Telecom Italia SpA ( TI), down 3.43, Cognizant Technology Solutions Corporation ( CTSH), down 2.42 and American Tower ( AMT), down 1.89. Top gainers within the sector include Nippon Telegraph & Telephone ( NTT), up 3.6%, NTT DoCoMo ( DCM), up 2.9%, Kyocera Corporation ( KYO), up 2.4%, Intel ( INTC), up 1.4% and Texas Instruments ( TXN), up 1.2%.

TheStreet Ratings group would like to highlight 4 stocks pushing the sector lower today:

4. Telekomunikasi Indonesia (Persero) Tbk ( TLK) is one of the companies pushing the Technology sector lower today. As of noon trading, Telekomunikasi Indonesia (Persero) Tbk is down $2.85 (-6.3%) to $42.41 on average volume Thus far, 143,773 shares of Telekomunikasi Indonesia (Persero) Tbk exchanged hands as compared to its average daily volume of 217,700 shares. The stock has ranged in price between $42.08-$43.44 after having opened the day at $43.00 as compared to the previous trading day's close of $45.26.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk provides network and telecommunication services in Indonesia and internationally. It operates through four segments: Personal, Home, Corporate, and Others. Telekomunikasi Indonesia (Persero) Tbk has a market cap of $22.6 billion and is part of the telecommunications industry. The company has a P/E ratio of 16.1, below the S&P 500 P/E ratio of 17.7. Shares are up 22.5% year to date as of the close of trading on Friday. Currently there are no analysts that rate Telekomunikasi Indonesia (Persero) Tbk a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Telekomunikasi Indonesia (Persero) Tbk 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, solid stock price performance, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Telekomunikasi Indonesia (Persero) Tbk Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

3. As of noon trading, Telefonica ( TEF) is down $0.13 (-0.9%) to $13.63 on light volume Thus far, 593,983 shares of Telefonica exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $13.55-$13.72 after having opened the day at $13.64 as compared to the previous trading day's close of $13.76.

Telefonica, S.A. provides fixed and mobile communication services primarily in Europe and Latin America. The company offers mobile voice, value added, mobile data and Internet, wholesale, corporate, roaming, fixed wireless, and trunking and paging services, as well as mobile payment solutions. Telefonica has a market cap of $62.3 billion and is part of the telecommunications industry. Shares are up 2.0% year to date as of the close of trading on Friday. Currently there are 2 analysts that rate Telefonica a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates Telefonica as a hold. The company's strengths can be seen in multiple areas, such as its increase in net income, increase in stock price during the past year and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and poor profit margins. Get the full Telefonica Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

2. As of noon trading, Mobile Telesystems OJSC ( MBT) is down $0.98 (-5.2%) to $18.02 on heavy volume Thus far, 1.8 million shares of Mobile Telesystems OJSC exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $18.00-$19.07 after having opened the day at $19.07 as compared to the previous trading day's close of $19.00.

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 $18.3 billion and is part of the telecommunications 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 1.8% year to date as of the close of trading on Friday. Currently there are 6 analysts that rate Mobile Telesystems OJSC a buy, no analysts rate it a sell, and 1 rates 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, increase in net income, growth in earnings per share, expanding profit margins and increase in stock price during the past year. 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.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

1. As of noon trading, America Movil S.A.B. de C.V ( AMX) is down $0.28 (-1.4%) to $19.91 on light volume Thus far, 2.6 million shares of America Movil S.A.B. de C.V exchanged hands as compared to its average daily volume of 9.8 million shares. The stock has ranged in price between $19.78-$20.35 after having opened the day at $20.22 as compared to the previous trading day's close of $20.19.

America Movil, S.A.B. de C.V. provides telecommunications services in the United States, Latin America, and the Caribbean. It offers mobile and fixed voice services, including airtime, local, long-distance services, public telephony services, and network interconnection services. America Movil S.A.B. de C.V has a market cap of $75.6 billion and is part of the telecommunications industry. The company has a P/E ratio of 11.1, below the S&P 500 P/E ratio of 17.7. Shares are down 13.8% year to date as of the close of trading on Friday. Currently there are 2 analysts that rate America Movil S.A.B. de C.V a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates America Movil S.A.B. de C.V as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, generally higher debt management risk and a generally disappointing performance in the stock itself. Get the full America Movil S.A.B. de C.V Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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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