3 Stocks Pulling The Technology Sector Downward

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 47 points (-0.3%) at 15,521 as of Wednesday, July 24, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 716 issues advancing vs. 2,228 declining with 95 unchanged.

The Technology sector currently sits down 0.2% versus the S&P 500, which is down 0.3%. On the negative front, top decliners within the sector include Broadcom Corporation ( BRCM), down 16.0%, Seagate Technology ( STX), down 5.6%, America Movil S.A.B. de C.V ( AMX), down 1.5%, America Movil S.A.B. de C.V ( AMOV), down 1.0% and Qualcomm ( QCOM), down 0.9%. Top gainers within the sector include EMC Corporation ( EMC), up 6.1%, Taiwan Semiconductor Manufacturing ( TSM), up 2.1%, Sap ( SAP), up 1.2%, International Business Machines ( IBM), up 1.0% and Intel ( INTC), up 0.8%.

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

3. NTT DoCoMo ( DCM) is one of the companies pushing the Technology sector lower today. As of noon trading, NTT DoCoMo is down $0.21 (-1.4%) to $15.39 on light volume. Thus far, 72,826 shares of NTT DoCoMo exchanged hands as compared to its average daily volume of 280,700 shares. The stock has ranged in price between $15.39-$15.53 after having opened the day at $15.51 as compared to the previous trading day's close of $15.60.

NTT DOCOMO, INC. provides mobile telecommunication services over its long term evolution and W-CDMA networks in Japan. NTT DoCoMo has a market cap of $64.3 billion and is part of the telecommunications industry. Shares are up 7.6% year to date as of the close of trading on Tuesday. Currently there are no analysts that rate NTT DoCoMo a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates NTT DoCoMo as a hold. 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. 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 disappointing return on equity. Get the full NTT DoCoMo 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, Motorola Solutions ( MSI) is down $4.98 (-8.3%) to $55.00 on heavy volume. Thus far, 4.1 million shares of Motorola Solutions exchanged hands as compared to its average daily volume of 2.1 million shares. The stock has ranged in price between $53.88-$56.88 after having opened the day at $56.41 as compared to the previous trading day's close of $59.98.

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 $16.3 billion and is part of the telecommunications industry. Shares are up 7.5% year to date as of the close of trading on Tuesday. Currently there are 7 analysts that rate Motorola Solutions a buy, 1 analyst rates it a sell, and 7 rate it a hold.

TheStreet Ratings rates Motorola Solutions as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, increase in net income, revenue growth, notable return on equity and solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Motorola Solutions 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, AT&T ( T) is down $0.66 (-1.8%) to $35.15 on heavy volume. Thus far, 18.8 million shares of AT&T exchanged hands as compared to its average daily volume of 23.9 million shares. The stock has ranged in price between $34.93-$35.50 after having opened the day at $35.39 as compared to the previous trading day's close of $35.81.

AT&T Inc. provides telecommunications services to consumers, businesses, and other providers in the United States and internationally. The company operates in three segments: Wireless, Wireline, and Other. AT&T has a market cap of $191.4 billion and is part of the telecommunications industry. Shares are up 6.2% year to date as of the close of trading on Tuesday. Currently there are 7 analysts that rate AT&T a buy, 2 analysts rate it a sell, and 19 rate it a hold.

TheStreet Ratings rates AT&T as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, expanding profit margins, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full AT&T 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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