5 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.

One out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading down 0 points (0.0%) at 15,915 as of Wednesday, Dec. 4, 2013, 11:45 AM ET. The NYSE advances/declines ratio sits at 1,252 issues advancing vs. 1,627 declining with 137 unchanged.

The Technology sector currently sits up 0.3% versus the S&P 500, which is unchanged. On the negative front, top decliners within the sector include CGI Group ( GIB), down 5.5%, Applied Materials ( AMAT), down 2.5%, Kyocera Corporation ( KYO), down 2.2%, Turkcell Iletisim Hizmetleri AS ( TKC), down 2.2% and Mobile Telesystems OJSC ( MBT), down 2.1%. Top gainers within the sector include Western Digital Corporation ( WDC), up 3.6%, VMware ( VMW), up 2.9%, Citrix Systems ( CTXS), up 2.8%, Microsoft Corporation ( MSFT), up 1.1% and Infosys ( INFY), up 1.3%.

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

5. Cerner Corporation ( CERN) is one of the companies pushing the Technology sector lower today. As of noon trading, Cerner Corporation is down $0.74 (-1.3%) to $56.72 on light volume. Thus far, 408,014 shares of Cerner Corporation exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $56.65-$57.43 after having opened the day at $57.05 as compared to the previous trading day's close of $57.45.

Cerner Corporation designs, develops, markets, installs, hosts, and supports healthcare information technology, healthcare devices, hardware, and content solutions for healthcare organizations and consumers worldwide. Cerner Corporation has a market cap of $19.8 billion and is part of the computer software & services industry. The company has a P/E ratio of 45.1, above the S&P 500 P/E ratio of 17.7. Shares are up 48.8% year to date as of the close of trading on Tuesday. Currently there are 9 analysts that rate Cerner Corporation a buy, 1 analyst rates it a sell, and 10 rate it a hold.

TheStreet Ratings rates Cerner 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, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Cerner 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.

4. As of noon trading, Teradata Corporation ( TDC) is down $2.60 (-5.7%) to $42.75 on heavy volume. Thus far, 4.0 million shares of Teradata Corporation exchanged hands as compared to its average daily volume of 2.6 million shares. The stock has ranged in price between $42.70-$43.92 after having opened the day at $43.33 as compared to the previous trading day's close of $45.35.

Teradata Corporation provides analytic data solutions worldwide. The company offers data warehousing solutions that include software, hardware, and related business consulting and support services. Teradata Corporation has a market cap of $7.5 billion and is part of the computer hardware industry. The company has a P/E ratio of 20.4, above the S&P 500 P/E ratio of 17.7. Shares are down 26.7% year to date as of the close of trading on Tuesday. Currently there are 7 analysts that rate Teradata Corporation a buy, 1 analyst rates it a sell, and 7 rate it a hold.

TheStreet Ratings rates Teradata Corporation as a hold. 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 and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, weak operating cash flow and deteriorating net income. Get the full Teradata 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.

3. As of noon trading, Automatic Data Processing ( ADP) is down $0.67 (-0.8%) to $79.67 on light volume. Thus far, 665,777 shares of Automatic Data Processing exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $79.57-$80.14 after having opened the day at $79.89 as compared to the previous trading day's close of $80.34.

Automatic Data Processing, Inc., together with its subsidiaries, provides technology-based outsourcing solutions to employers and vehicle retailers and manufacturers worldwide. Automatic Data Processing has a market cap of $38.3 billion and is part of the computer software & services industry. The company has a P/E ratio of 27.8, above the S&P 500 P/E ratio of 17.7. Shares are up 41.1% year to date as of the close of trading on Tuesday. Currently there are 5 analysts that rate Automatic Data Processing a buy, 2 analysts rate it a sell, and 13 rate it a hold.

TheStreet Ratings rates Automatic Data Processing 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, growth in earnings per share and solid stock price performance. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full Automatic Data Processing 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, Crown Castle International ( CCI) is down $0.87 (-1.2%) to $74.29 on light volume. Thus far, 737,859 shares of Crown Castle International exchanged hands as compared to its average daily volume of 3.0 million shares. The stock has ranged in price between $74.02-$74.74 after having opened the day at $74.74 as compared to the previous trading day's close of $75.16.

Crown Castle International Corp., together with is subsidiaries, owns, operates, and leases shared wireless infrastructure primarily in the United States, Puerto Rico, and Australia. Crown Castle International has a market cap of $25.1 billion and is part of the telecommunications industry. The company has a P/E ratio of 234.4, above the S&P 500 P/E ratio of 17.7. Shares are up 3.9% year to date as of the close of trading on Tuesday. Currently there are 10 analysts that rate Crown Castle International a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Crown Castle International as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk, disappointing return on equity and premium valuation. Get the full Crown Castle International 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 $0.21 (-0.6%) to $34.53 on average volume. Thus far, 11.2 million shares of AT&T exchanged hands as compared to its average daily volume of 23.6 million shares. The stock has ranged in price between $34.20-$34.62 after having opened the day at $34.34 as compared to the previous trading day's close of $34.74.

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 $183.3 billion and is part of the telecommunications industry. The company has a P/E ratio of 24.2, above the S&P 500 P/E ratio of 17.7. Shares are up 3.1% year to date as of the close of trading on Tuesday. Currently there are 8 analysts that rate AT&T a buy, 1 analyst rates it a sell, and 18 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, increase in net income, increase in stock price during the past year and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow. 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 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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