TRLA, 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.

Two out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 78 points (0.5%) at 16,105 as of Friday, Feb. 14, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,755 issues advancing vs. 1,149 declining with 181 unchanged.

The Technology sector currently sits up 0.1% versus the S&P 500, which is up 0.3%. On the negative front, top decliners within the sector include Agilent Technologies ( A), down 7.3%, Baidu ( BIDU), down 1.7%, Telecom Italia SpA ( TI.A), down 1.6%, Avago Technologies ( AVGO), down 1.5% and Telecom Italia SpA ( TI), down 1.4%. Top gainers within the sector include Cray ( CRAY), up 32.1%, Bankrate ( RATE), up 13.4%, 3D Systems Corporation ( DDD), up 4.5%, NXP Semiconductor ( NXPI), up 3.0% and Cisco Systems ( CSCO), up 2.0%.

TheStreet would like to highlight 3 stocks pushing the sector lower today:

3. Trulia ( TRLA) is one of the companies pushing the Technology sector lower today. As of noon trading, Trulia is down $6.46 (-17.8%) to $29.96 on heavy volume. Thus far, 6.9 million shares of Trulia exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $29.75-$32.00 after having opened the day at $31.15 as compared to the previous trading day's close of $36.43.

Trulia, Inc. provides tools to research homes and neighborhoods for consumers through Web and mobile applications. The company, through its tools, also enables real estate professionals to market their listings. Trulia has a market cap of $1.3 billion and is part of the internet industry. Shares are up 3.3% year-to-date as of the close of trading on Thursday. Currently there are 4 analysts that rate Trulia a buy, 1 analyst rates it a sell, and none rate it a hold.

TheStreet Ratings rates Trulia 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 find that net income has been generally deteriorating over time. Get the full Trulia 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 $0.64 (-1.4%) to $46.66 on heavy volume. Thus far, 11.9 million shares of Verizon Communications exchanged hands as compared to its average daily volume of 14.4 million shares. The stock has ranged in price between $46.53-$47.14 after having opened the day at $47.14 as compared to the previous trading day's close of $47.31.

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 $135.5 billion and is part of the telecommunications industry. Shares are down 3.7% year-to-date as of the close of trading on Thursday. Currently there are 19 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, notable return on equity, expanding profit margins, good cash flow from operations and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. 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 $0.35 (-0.9%) to $38.07 on light volume. Thus far, 5.3 million shares of Oracle Corporation exchanged hands as compared to its average daily volume of 17.9 million shares. The stock has ranged in price between $38.06-$38.33 after having opened the day at $38.28 as compared to the previous trading day's close of $38.42.

Oracle Corporation develops, manufactures, markets, hosts, and supports database and middleware software, applications software, and hardware systems. Oracle Corporation has a market cap of $171.2 billion and is part of the computer software & services industry. Shares are up 0.4% year-to-date as of the close of trading on Thursday. Currently there are 15 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.

If you are interested in one of these 3 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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