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3 Technology Stocks Moving The Sector Upward

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 37 points (-0.2%) at 16,662 as of Friday, May 30, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,201 issues advancing vs. 1,742 declining with 169 unchanged.

The Technology sector currently sits down 1.2% versus the S&P 500, which is down 0.1%. Top gainers within the sector include Turkcell Iletisim Hizmetleri AS ( TKC), up 4.7%, China Unicom (Hong Kong ( CHU), up 1.9% and Intel ( INTC), up 0.8%. On the negative front, top decliners within the sector include Qihoo 360 Technology ( QIHU), down 4.9%, LG Display ( LPL), down 4.8%, Workday ( WDAY), down 4.4%, Vipshop Holdings ( VIPS), down 4.1% and Yandex ( YNDX), down 3.2%.

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

3. BCE ( BCE) is one of the companies pushing the Technology sector higher today. As of noon trading, BCE is up $0.24 (0.5%) to $45.86 on light volume. Thus far, 214,678 shares of BCE exchanged hands as compared to its average daily volume of 640,200 shares. The stock has ranged in price between $45.50-$45.88 after having opened the day at $45.70 as compared to the previous trading day's close of $45.62.

BCE Inc., a communications company, provides broadband communication services to residential and business customers in Canada. The company operates through four segments: Bell Wireline, Bell Wireless, Bell Media, and Bell Aliant. BCE has a market cap of $35.6 billion and is part of the telecommunications industry. Shares are up 5.4% year-to-date as of the close of trading on Thursday. Currently there are 3 analysts who rate BCE a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates BCE as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full BCE Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

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