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 42 points (-0.2%) at 17,072 as of Wednesday, July 23, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,641 issues advancing vs. 1,297 declining with 186 unchanged. The Technology sector currently sits down 0.6% versus the S&P 500, which is up 0.1%. On the negative front, top decliners within the sector include Juniper Networks ( JNPR), down 10.2%, TE Connectivity ( TEL), down 4.5%, Telekomunikasi Indonesia (Persero) Tbk ( TLK), down 1.5%, America Movil SAB de CV ( AMX), down 0.8% and America Movil SAB de CV ( AMOV), down 0.8%. TheStreet would like to highlight 3 stocks pushing the sector lower today: 3. Applied Materials ( AMAT) is one of the companies pushing the Technology sector lower today. As of noon trading, Applied Materials is down $0.61 (-2.7%) to $21.91 on average volume. Thus far, 9.6 million shares of Applied Materials exchanged hands as compared to its average daily volume of 13.9 million shares. The stock has ranged in price between $21.88-$22.62 after having opened the day at $22.58 as compared to the previous trading day's close of $22.52. Applied Materials, Inc. provides manufacturing equipment, services, and software to the semiconductor, flat panel display, solar photovoltaic (PV), and related industries worldwide. Applied Materials has a market cap of $27.8 billion and is part of the electronics industry. Shares are up 27.4% year-to-date as of the close of trading on Tuesday. Currently there are 8 analysts that rate Applied Materials a buy, 1 analyst rates it a sell, and 6 rate it a hold. TheStreet Ratings rates Applied Materials 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, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Applied Materials 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.