TLK, ERIC, SAP, VZ And ORCL, Pushing 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.

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 34 points (-0.2%) at 15,991 as of Tuesday, Dec. 10, 2013, 11:45 AM ET. The NYSE advances/declines ratio sits at 1,256 issues advancing vs. 1,637 declining with 176 unchanged.

The Technology sector currently sits down 0.2% versus the S&P 500, which is down 0.2%. On the negative front, top decliners within the sector include China Unicom (Hong Kong ( CHU), down 1.6%, Microsoft Corporation ( MSFT), down 1.4%, China Telecom ( CHA), down 1.4%, Hewlett-Packard ( HPQ), down 0.8% and America Movil S.A.B. de C.V ( AMOV), down 0.8%. Top gainers within the sector include STMicroelectronics ( STM), up 4.7%, Baidu ( BIDU), up 4.3%, 3D Systems Corporation ( DDD), up 4.2%, Telecom Italia SpA ( TI), up 3.4% and Telecom Italia SpA ( TI.A), up 3.3%.

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

5. Telekomunikasi Indonesia (Persero) Tbk ( TLK) is one of the companies pushing the Technology sector lower today. As of noon trading, Telekomunikasi Indonesia (Persero) Tbk is down $0.52 (-1.5%) to $34.03 on average volume. Thus far, 144,032 shares of Telekomunikasi Indonesia (Persero) Tbk exchanged hands as compared to its average daily volume of 293,700 shares. The stock has ranged in price between $33.85-$34.23 after having opened the day at $34.14 as compared to the previous trading day's close of $34.55.

PT Telekomunikasi Indonesia, Tbk provides network and telecommunication services to individual and home customers, companies, and institutions in Indonesia and internationally. It operates through four segments: Personal, Home, Corporate, and Others. Telekomunikasi Indonesia (Persero) Tbk has a market cap of $83.6 billion and is part of the telecommunications industry. The company has a P/E ratio of 12.4, below the S&P 500 P/E ratio of 17.7. Shares are down 6.5% year to date as of the close of trading on Monday. Currently there are no analysts that rate Telekomunikasi Indonesia (Persero) Tbk a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Telekomunikasi Indonesia (Persero) Tbk as a hold. The company's strengths can be seen in multiple areas, such as its expanding profit margins, largely solid financial position with reasonable debt levels by most measures and notable return on equity. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, weak operating cash flow and a generally disappointing performance in the stock itself. Get the full Telekomunikasi Indonesia (Persero) Tbk 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, LM Ericsson Telephone Company ( ERIC) is down $0.24 (-2.0%) to $11.92 on light volume. Thus far, 1.3 million shares of LM Ericsson Telephone Company exchanged hands as compared to its average daily volume of 3.7 million shares. The stock has ranged in price between $11.92-$12.04 after having opened the day at $11.99 as compared to the previous trading day's close of $12.16.

Ericsson provides telecommunications equipment and services to mobile and fixed network operators worldwide. It operates in four segments: Networks, Global Services, Support Solutions, and ST-Ericsson. LM Ericsson Telephone Company has a market cap of $40.4 billion and is part of the telecommunications industry. The company has a P/E ratio of 15.8, below the S&P 500 P/E ratio of 17.7. Shares are up 21.1% year to date as of the close of trading on Monday. Currently there are 4 analysts that rate LM Ericsson Telephone Company a buy, 2 analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates LM Ericsson Telephone Company as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and weak operating cash flow. Get the full LM Ericsson Telephone Company 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, Sap ( SAP) is down $0.76 (-0.9%) to $81.64 on light volume. Thus far, 320,085 shares of Sap exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $81.59-$82.15 after having opened the day at $81.78 as compared to the previous trading day's close of $82.40.

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 $98.1 billion and is part of the computer software & services industry. The company has a P/E ratio of 21.9, above the S&P 500 P/E ratio of 17.7. Shares are up 2.5% year to date as of the close of trading on Monday. Currently there are 6 analysts that rate Sap a buy, 2 analysts rate it a sell, and 7 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, reasonable valuation levels, compelling growth in net income, expanding profit margins and growth in earnings per share. We feel these strengths outweigh the fact that the company shows weak operating cash flow. 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.

2. As of noon trading, Verizon Communications ( VZ) is down $0.51 (-1.0%) to $49.06 on average volume. Thus far, 5.2 million shares of Verizon Communications exchanged hands as compared to its average daily volume of 13.2 million shares. The stock has ranged in price between $49.03-$49.50 after having opened the day at $49.49 as compared to the previous trading day's close of $49.57.

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 $141.6 billion and is part of the telecommunications industry. The company has a P/E ratio of 65.1, above the S&P 500 P/E ratio of 17.7. Shares are up 14.6% year to date as of the close of trading on Monday. Currently there are 18 analysts that rate Verizon Communications a buy, no analysts rate it a sell, and 10 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.

1. As of noon trading, Oracle Corporation ( ORCL) is down $0.60 (-1.7%) to $35.00 on average volume. Thus far, 8.3 million shares of Oracle Corporation exchanged hands as compared to its average daily volume of 19.4 million shares. The stock has ranged in price between $34.99-$35.47 after having opened the day at $35.40 as compared to the previous trading day's close of $35.60.

Oracle Corporation develops, manufactures, markets, hosts, and supports database and middleware software, applications software, and hardware systems. Oracle Corporation has a market cap of $161.7 billion and is part of the computer software & services industry. The company has a P/E ratio of 15.3, below the S&P 500 P/E ratio of 17.7. Shares are up 6.8% year to date as of the close of trading on Monday. Currently there are 17 analysts that rate Oracle Corporation a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates Oracle Corporation as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, revenue growth, notable return on equity, attractive valuation levels and expanding profit margins. 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 Oracle 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 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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