3 Stocks Underperforming Today In The Technology Sector

One out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 13 points (0.1%) at 17,825 as of Wednesday, Nov. 25, 2015, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,660 issues advancing vs. 1,252 declining with 187 unchanged.

The Technology sector currently sits up 0.6% versus the S&P 500, which is unchanged. On the negative front, top decliners within the sector include HP ( HPQ), down 14.1%, T-Mobile US ( TMUS), down 3.1%, Wipro ( WIT), down 1.1%, America Movil SAB de CV ( AMOV), down 0.9% and Infosys ( INFY), down 1.0%. Top gainers within the sector include VimpelCom ( VIP), up 6.8%, LG Display ( LPL), up 6.4%, Electronic Arts ( EA), up 3.1%, NXP Semiconductors ( NXPI), up 2.0% and Check Point Software Technologies ( CHKP), up 1.9%.

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

3. China Unicom (Hong Kong ( CHU) is one of the companies pushing the Technology sector lower today. As of noon trading, China Unicom (Hong Kong is down $0.17 (-1.3%) to $12.58 on light volume. Thus far, 49,998 shares of China Unicom (Hong Kong exchanged hands as compared to its average daily volume of 575,700 shares. The stock has ranged in price between $12.56-$12.63 after having opened the day at $12.61 as compared to the previous trading day's close of $12.75.

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China Unicom (Hong Kong) Limited, an investment holding company, provides telecommunications services in the People's Republic of China. China Unicom (Hong Kong has a market cap of $30.4 billion and is part of the telecommunications industry. Shares are down 5.2% year-to-date as of the close of trading on Tuesday. Currently there are 3 analysts that rate China Unicom (Hong Kong a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates China Unicom (Hong Kong as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and a generally disappointing performance in the stock itself. Get the full China Unicom (Hong Kong Ratings Report now.

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2. As of noon trading, Nippon Telegraph & Telephone ( NTT) is down $0.26 (-0.7%) to $37.94 on light volume. Thus far, 62,611 shares of Nippon Telegraph & Telephone exchanged hands as compared to its average daily volume of 412,700 shares. The stock has ranged in price between $37.74-$37.98 after having opened the day at $37.74 as compared to the previous trading day's close of $38.20.

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Nippon Telegraph and Telephone Corporation, together with its subsidiaries, provides fixed and mobile voice related services, IP/packet communications services, telecommunications equipment, and system integration and other telecommunications-related services in Japan and internationally. Nippon Telegraph & Telephone has a market cap of $80.3 billion and is part of the telecommunications industry. Shares are up 49.2% year-to-date as of the close of trading on Tuesday. Currently there is 1 analyst that rates Nippon Telegraph & Telephone a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Nippon Telegraph & Telephone as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance and attractive valuation levels. 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 Nippon Telegraph & Telephone Ratings Report now.

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1. As of noon trading, Telefonica Brasil ( VIV) is down $0.32 (-3.0%) to $10.24 on light volume. Thus far, 663,404 shares of Telefonica Brasil exchanged hands as compared to its average daily volume of 2.9 million shares. The stock has ranged in price between $10.07-$10.29 after having opened the day at $10.25 as compared to the previous trading day's close of $10.55.

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Telefonica Brasil S.A. Telefonica Brasil has a market cap of $17.9 billion and is part of the telecommunications industry. Shares are down 40.3% year-to-date as of the close of trading on Tuesday. Currently there are 5 analysts that rate Telefonica Brasil a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Telefonica Brasil as a hold. The company's strengths can be seen in multiple areas, such as its attractive valuation levels and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow. Get the full Telefonica Brasil Ratings Report now.

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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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