5 Stocks Dragging In The Technology Sector

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 41 points (-0.3%) at 15,444 as of Tuesday, July 16, 2013, 12:45 PM ET. The NYSE advances/declines ratio sits at 951 issues advancing vs. 1,969 declining with 95 unchanged.

The Technology sector currently sits down 0.1% versus the S&P 500, which is down 0.4%. On the negative front, top decliners within the sector include Qihoo 360 Technology ( QIHU), down 4.6%, Telecom Italia SpA ( TI), down 4.1%, Telekomunikasi Indonesia (Persero) Tbk ( TLK), down 4.1%, Yandex ( YNDX), down 3.9% and Telecom Italia SpA ( TI.A), down 3.6%. Top gainers within the sector include Rackspace Hosting ( RAX), up 4.1%, Avago Technologies ( AVGO), up 2.9%, Symantec ( SYMC), up 1.1%, Applied Materials ( AMAT), up 0.8% and ASML ( ASML), up 0.7%.

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

5. Dell ( DELL) is one of the companies pushing the Technology sector lower today. As of noon trading, Dell is down $0.15 (-1.1%) to $13.00 on heavy volume. Thus far, 36.9 million shares of Dell exchanged hands as compared to its average daily volume of 21.8 million shares. The stock has ranged in price between $12.92-$13.19 after having opened the day at $13.19 as compared to the previous trading day's close of $13.15.

Dell Inc., an information technology company, provides a range of technology solutions worldwide. Dell has a market cap of $23.4 billion and is part of the computer hardware industry. Shares are up 31.4% year to date as of the close of trading on Monday. Currently there are no analysts that rate Dell a buy, 2 analysts rate it a sell, and 20 rate it a hold.

TheStreet Ratings rates Dell as a hold. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, good cash flow from operations and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and poor profit margins. Get the full Dell 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.

4. As of noon trading, LinkedIn ( LNKD) is down $5.66 (-2.9%) to $193.14 on average volume. Thus far, 1.1 million shares of LinkedIn exchanged hands as compared to its average daily volume of 2.2 million shares. The stock has ranged in price between $190.75-$198.36 after having opened the day at $198.11 as compared to the previous trading day's close of $198.80.

LinkedIn Corporation operates an online professional network. LinkedIn has a market cap of $18.3 billion and is part of the internet industry. Shares are up 74.2% year to date as of the close of trading on Monday. Currently there are 15 analysts that rate LinkedIn a buy, no analysts rate it a sell, and 13 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.

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, Yahoo ( YHOO) is down $0.24 (-0.9%) to $27.10 on heavy volume. Thus far, 12.7 million shares of Yahoo exchanged hands as compared to its average daily volume of 16.9 million shares. The stock has ranged in price between $27.04-$27.45 after having opened the day at $27.30 as compared to the previous trading day's close of $27.34.

Yahoo! Inc., a technology company, provides search, content, and communication tools on the Web and on mobile devices worldwide. Yahoo has a market cap of $29.5 billion and is part of the internet industry. Shares are up 36.8% year to date as of the close of trading on Monday. Currently there are 11 analysts that rate Yahoo a buy, 1 analyst rates it a sell, and 15 rate it a hold.

TheStreet Ratings rates Yahoo as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, compelling growth in net income, notable return on equity, reasonable valuation levels and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Yahoo 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, Hewlett-Packard ( HPQ) is down $0.14 (-0.6%) to $26.24 on light volume. Thus far, 4.3 million shares of Hewlett-Packard exchanged hands as compared to its average daily volume of 17.8 million shares. The stock has ranged in price between $26.19-$26.52 after having opened the day at $26.41 as compared to the previous trading day's close of $26.38.

Hewlett-Packard Company and its subsidiaries provide products, technologies, software, solutions, and services to individual consumers, small-and medium-sized businesses (SMBs), and large enterprises, including customers in the government, health, and education sectors worldwide. Hewlett-Packard has a market cap of $50.5 billion and is part of the computer hardware industry. Shares are up 85.1% year to date as of the close of trading on Monday. Currently there are 3 analysts that rate Hewlett-Packard a buy, 5 analysts rate it a sell, and 15 rate it a hold.

TheStreet Ratings rates Hewlett-Packard as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally higher debt management risk and disappointing return on equity. Get the full Hewlett-Packard 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, Google ( GOOG) is down $9.24 (-1.0%) to $915.45 on average volume. Thus far, 1.1 million shares of Google exchanged hands as compared to its average daily volume of 2.3 million shares. The stock has ranged in price between $914.58-$927.97 after having opened the day at $927.13 as compared to the previous trading day's close of $924.69.

Google Inc., a technology company, builds products and provides services to organize the information and make it universally accessible and useful. Google has a market cap of $250.2 billion and is part of the internet industry. Shares are up 30.5% year to date as of the close of trading on Monday. Currently there are 26 analysts that rate Google a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Google as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, robust revenue growth, largely solid financial position with reasonable debt levels by most measures and reasonable valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Google 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).

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