SKM, YOKU, JNPR And T, Pushing Technology Sector Downward

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Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 79 points (-0.5%) at 15,419 as of Friday, Aug. 9, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,348 issues advancing vs. 1,561 declining with 117 unchanged.

The Technology sector currently sits up 0.1% versus the S&P 500, which is down 0.2%. On the negative front, top decliners within the sector include America Movil S.A.B. de C.V ( AMX), down 5.7%, America Movil S.A.B. de C.V ( AMOV), down 5.2% and Hewlett-Packard ( HPQ), down 0.9%. Top gainers within the sector include CSR ( CSRE), up 181.4%, Telecom Italia SpA ( TI), up 2.4%, Baidu ( BIDU), up 2.2%, Telekomunikasi Indonesia (Persero) Tbk ( TLK), up 1.7% and American Tower ( AMT), up 1.9%.

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

4. SK Telecom ( SKM) is one of the companies pushing the Technology sector lower today. As of noon trading, SK Telecom is down $0.69 (-3.2%) to $21.17 on light volume. Thus far, 428,079 shares of SK Telecom exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $21.14-$21.33 after having opened the day at $21.24 as compared to the previous trading day's close of $21.86.

SK Telecom Co., Ltd. provides wireless telecommunications services principally in Korea. SK Telecom has a market cap of $13.6 billion and is part of the telecommunications industry. Shares are up 37.1% year to date as of the close of trading on Thursday. Currently there are 2 analysts that rate SK Telecom a buy, 1 analyst rates it a sell, and none rate it a hold.

TheStreet Ratings rates SK Telecom as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, attractive valuation levels, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full SK Telecom 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, Youku Tudou ( YOKU) is down $3.10 (-12.2%) to $22.30 on heavy volume. Thus far, 8.4 million shares of Youku Tudou exchanged hands as compared to its average daily volume of 2.2 million shares. The stock has ranged in price between $22.00-$23.70 after having opened the day at $23.40 as compared to the previous trading day's close of $25.40.

Youku Tudou Inc. operates as an Internet television company in the People's Republic of China. Its Internet television platform enables consumers to search, view, and share video content across various devices. Youku Tudou has a market cap of $3.9 billion and is part of the internet industry. Shares are up 39.3% year to date as of the close of trading on Thursday. Currently there are 4 analysts that rate Youku Tudou a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Youku Tudou as a hold. 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 and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, weak operating cash flow and feeble growth in the company's earnings per share. Get the full Youku Tudou 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, Juniper Networks ( JNPR) is down $1.14 (-5.1%) to $21.02 on heavy volume. Thus far, 6.1 million shares of Juniper Networks exchanged hands as compared to its average daily volume of 6.0 million shares. The stock has ranged in price between $20.85-$22.10 after having opened the day at $22.05 as compared to the previous trading day's close of $22.16.

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 $11.1 billion and is part of the computer hardware industry. Shares are up 11.8% year to date as of the close of trading on Thursday. Currently there are 7 analysts that rate Juniper Networks a buy, 1 analyst rates it a sell, and 16 rate it a hold.

TheStreet Ratings rates Juniper Networks as a hold. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we find that the company's return on equity has been disappointing. Get the full Juniper Networks 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 $0.38 (-1.1%) to $34.91 on average volume. Thus far, 11.0 million shares of AT&T exchanged hands as compared to its average daily volume of 23.8 million shares. The stock has ranged in price between $34.82-$35.31 after having opened the day at $35.26 as compared to the previous trading day's close of $35.29.

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 $189.0 billion and is part of the telecommunications industry. Shares are up 5.6% year to date as of the close of trading on Thursday. Currently there are 7 analysts that rate AT&T a buy, 2 analysts rate it a sell, and 17 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 revenue growth, growth in earnings per share, largely solid financial position with reasonable debt levels by most measures, 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 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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