4 Stocks Underperforming Today In The Technology Sector

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.

One out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 7 points (0.0%) at 14,818 as of Tuesday, Sept. 3, 2013, 12:45 PM ET. The NYSE advances/declines ratio sits at 1,623 issues advancing vs. 1,312 declining with 88 unchanged.

The Technology sector currently sits up 1.0% versus the S&P 500, which is down 0.3%. A company within the sector that fell today was America Movil S.A.B. de C.V ( AMOV), up 0.9%. Top gainers within the sector include Nokia Oyj ( NOK), up 31.5%, Telecom Italia SpA ( TI.A), up 8.7%, Rogers Communications ( RCI), up 7.6%, Telecom Italia SpA ( TI), up 6.0% and LM Ericsson Telephone Company ( ERIC), up 5.6%.

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

4. Sap ( SAP) is one of the companies pushing the Technology sector lower today. As of noon trading, Sap is down $1.26 (-1.7%) to $72.56 on average volume. Thus far, 725,066 shares of Sap exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $72.36-$73.21 after having opened the day at $73.00 as compared to the previous trading day's close of $73.82.

SAP AG provides enterprise application software and software-related services worldwide. It offers products in applications, analytics, cloud, mobile, and database and technology categories. Sap has a market cap of $88.0 billion and is part of the computer software & services industry. Currently there are 4 analysts that rate Sap a buy, 2 analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates Sap as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year, reasonable valuation levels, good cash flow from operations and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Sap 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, Verizon Communications ( VZ) is down $1.18 (-2.5%) to $46.20 on heavy volume. Thus far, 30.0 million shares of Verizon Communications exchanged hands as compared to its average daily volume of 11.0 million shares. The stock has ranged in price between $45.08-$46.41 after having opened the day at $45.52 as compared to the previous trading day's close of $47.38.

Verizon Communications Inc., through its subsidiaries, provides communications, information and entertainment products and services to consumers, businesses, and governmental agencies worldwide. Verizon Communications has a market cap of $135.6 billion and is part of the telecommunications industry. Currently there are 14 analysts that rate Verizon Communications a buy, no analysts rate it a sell, and 13 rate it a hold.

TheStreet Ratings rates Verizon Communications as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, good cash flow from operations, expanding profit margins and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Verizon Communications 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, AT&T ( T) is down $0.32 (-0.9%) to $33.51 on average volume. Thus far, 15.2 million shares of AT&T exchanged hands as compared to its average daily volume of 23.1 million shares. The stock has ranged in price between $33.48-$34.11 after having opened the day at $34.01 as compared to the previous trading day's close of $33.83.

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 $179.7 billion and is part of the telecommunications industry. 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 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.

1. As of noon trading, Microsoft Corporation ( MSFT) is down $1.98 (-5.9%) to $31.42 on heavy volume. Thus far, 103.6 million shares of Microsoft Corporation exchanged hands as compared to its average daily volume of 48.6 million shares. The stock has ranged in price between $31.29-$32.07 after having opened the day at $31.75 as compared to the previous trading day's close of $33.40.

Microsoft Corporation (Microsoft) develops, licenses, and supports software, services, and hardware devices worldwide. Microsoft Corporation has a market cap of $278.2 billion and is part of the computer software & services industry. Currently there are 11 analysts that rate Microsoft Corporation a buy, no analysts rate it a sell, and 16 rate it a hold.

TheStreet Ratings rates Microsoft Corporation 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, attractive valuation levels and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Microsoft Corporation 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 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).
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