5 Stocks Pushing 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.

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 44 points (-0.3%) at 15,836 as of Monday, Jan. 27, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 751 issues advancing vs. 2,176 declining with 155 unchanged.

The Technology sector currently sits down 1.4% versus the S&P 500, which is down 0.4%. On the negative front, top decliners within the sector include 3D Systems Corporation ( DDD), down 7.1%, Yandex ( YNDX), down 5.0%, Xerox Corporation ( XRX), down 3.7%, Telefonica Brasil S.A ( VIV), down 1.7% and Nippon Telegraph & Telephone ( NTT), down 1.8%.

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

5. Salesforce.com ( CRM) is one of the companies pushing the Technology sector lower today. As of noon trading, Salesforce.com is down $0.70 (-1.2%) to $57.70 on light volume. Thus far, 1.1 million shares of Salesforce.com exchanged hands as compared to its average daily volume of 5.0 million shares. The stock has ranged in price between $57.30-$58.67 after having opened the day at $58.51 as compared to the previous trading day's close of $58.40.

salesforce.com, inc. provides enterprise cloud computing solutions to various businesses and industries worldwide. Salesforce.com has a market cap of $36.2 billion and is part of the computer software & services industry. Shares are up 5.8% year-to-date as of the close of trading on Friday. Currently there are 22 analysts that rate Salesforce.com a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates Salesforce.com as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and compelling growth in net income. However, as a counter to these strengths, we find that the company has favored debt over equity in the management of its balance sheet. Get the full Salesforce.com 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, LinkedIn ( LNKD) is down $8.07 (-3.7%) to $209.32 on average volume. Thus far, 1.1 million shares of LinkedIn exchanged hands as compared to its average daily volume of 2.2 million shares. The stock has ranged in price between $206.05-$217.50 after having opened the day at $217.50 as compared to the previous trading day's close of $217.39.

LinkedIn Corporation operates an online professional network. LinkedIn has a market cap of $22.1 billion and is part of the internet industry. The company has a P/E ratio of 722.5, above the S&P 500 P/E ratio of 17.7. Shares are up 0.3% year-to-date as of the close of trading on Friday. Currently there are 15 analysts that rate LinkedIn a buy, no analysts rate it a sell, and 14 rate it a hold.

TheStreet Ratings rates LinkedIn as a sell. The company's weaknesses can be seen in multiple areas, such as its unimpressive growth in net income and disappointing return on equity. Get the full LinkedIn 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, Oracle Corporation ( ORCL) is down $0.21 (-0.6%) to $36.90 on light volume. Thus far, 4.1 million shares of Oracle Corporation exchanged hands as compared to its average daily volume of 18.1 million shares. The stock has ranged in price between $36.82-$37.37 after having opened the day at $37.26 as compared to the previous trading day's close of $37.11.

Oracle Corporation develops, manufactures, markets, hosts, and supports database and middleware software, applications software, and hardware systems. Oracle Corporation has a market cap of $171.6 billion and is part of the computer software & services industry. The company has a P/E ratio of 16.3, below the S&P 500 P/E ratio of 17.7. Shares are down 3.0% year-to-date as of the close of trading on Friday. Currently there are 14 analysts that rate Oracle Corporation a buy, 1 analyst rates it a sell, and 8 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 notable return on equity, reasonable valuation levels, expanding profit margins, good cash flow from operations and growth in earnings per share. We feel these strengths outweigh the fact that the company has had sub par growth in net income. 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.

2. As of noon trading, International Business Machines ( IBM) is down $0.76 (-0.4%) to $178.88 on light volume. Thus far, 1.8 million shares of International Business Machines exchanged hands as compared to its average daily volume of 5.2 million shares. The stock has ranged in price between $178.28-$179.65 after having opened the day at $179.60 as compared to the previous trading day's close of $179.64.

International Business Machines Corporation provides information technology (IT) products and services worldwide. International Business Machines has a market cap of $198.4 billion and is part of the computer software & services industry. The company has a P/E ratio of 11.2, below the S&P 500 P/E ratio of 17.7. Shares are down 4.2% year-to-date as of the close of trading on Friday. Currently there are 5 analysts that rate International Business Machines a buy, no analysts rate it a sell, and 13 rate it a hold.

TheStreet Ratings rates International Business Machines as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, good cash flow from operations, increase in net income 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 International Business Machines 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, Facebook Inc Class A ( FB) is down $1.66 (-3.0%) to $52.79 on average volume. Thus far, 33.3 million shares of Facebook Inc Class A exchanged hands as compared to its average daily volume of 70.2 million shares. The stock has ranged in price between $51.85-$54.94 after having opened the day at $54.73 as compared to the previous trading day's close of $54.45.

Facebook, Inc. operates as a social networking company worldwide. It builds various tools that enable users to connect, share, discover, and communicate with each other on mobile devices and computers. Facebook Inc Class A has a market cap of $106.5 billion and is part of the internet industry. The company has a P/E ratio of 138.1, above the S&P 500 P/E ratio of 17.7. Shares are down 0.4% year-to-date as of the close of trading on Friday. Currently there are 29 analysts that rate Facebook Inc Class A a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Facebook Inc Class A 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 impressive record of earnings per share growth. However, as a counter to these strengths, we find that the company's return on equity has been disappointing. Get the full Facebook Inc Class A 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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