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.

All three major indices are trading up today with the

Dow Jones Industrial Average

(

^DJI

) trading up 97 points (0.5%) at 17,727 as of Wednesday, July 29, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 2,089 issues advancing vs. 896 declining with 165 unchanged.

The Technology sector currently sits up 0.3% versus the S&P 500, which is up 0.5%. Top gainers within the sector include

VimpelCom

(

VIP

), up 10.5%,

Telefonica Brasil

(

VIV

), up 8.4%,

NTT DoCoMo

(

DCM

), up 5.8%,

Thomson Reuters

(

TRI

), up 4.1% and

Philippine Long Distance Telephone

(

PHI

), up 3.3%. On the negative front, top decliners within the sector include

Yelp

(

YELP

), down 28.2%,

Akamai Technologies

(

AKAM

), down 5.2% and

Google

(

GOOG

), down 0.7%.

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

3.

Verizon Communications

(

VZ

) is one of the companies pushing the Technology sector higher today. As of noon trading, Verizon Communications is up $0.79 (1.7%) to $46.68 on average volume. Thus far, 7.4 million shares of Verizon Communications exchanged hands as compared to its average daily volume of 15.0 million shares. The stock has ranged in price between $45.97-$46.72 after having opened the day at $46.00 as compared to the previous trading day's close of $45.89.

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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 $186.9 billion and is part of the telecommunications industry. Shares are down 1.9% year-to-date as of the close of trading on Tuesday. Currently there are 15 analysts who rate Verizon Communications a buy, 1 analyst rates it a sell, and 8 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, increase in net income, good cash flow from operations, expanding profit margins and growth in earnings per share. We feel its 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.

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2. As of noon trading,

AT&T

(

T

) is up $0.38 (1.1%) to $34.71 on average volume. Thus far, 21.4 million shares of AT&T exchanged hands as compared to its average daily volume of 33.0 million shares. The stock has ranged in price between $34.37-$34.85 after having opened the day at $34.48 as compared to the previous trading day's close of $34.33.

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AT&T Inc. provides telecommunications services in the United States and internationally. The company operates through two segments, Wireless and Wireline. AT&T has a market cap of $178.2 billion and is part of the telecommunications industry. Shares are up 2.2% year-to-date as of the close of trading on Tuesday. Currently there are 13 analysts who rate AT&T a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates

AT&T

as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. We feel its strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full

AT&T Ratings Report

now.

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1. As of noon trading,

Microsoft

(

MSFT

) is up $1.20 (2.6%) to $46.54 on average volume. Thus far, 16.7 million shares of Microsoft exchanged hands as compared to its average daily volume of 31.1 million shares. The stock has ranged in price between $45.26-$46.56 after having opened the day at $45.40 as compared to the previous trading day's close of $45.34.

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Microsoft Corporation develops, licenses, markets, and supports software, services, and devices worldwide. The company's Devices and Consumer (D&C) Licensing segment licenses Windows operating system and related software; Microsoft Office for consumers; and Windows Phone operating system. Microsoft has a market cap of $366.9 billion and is part of the computer software & services industry. Shares are down 2.4% year-to-date as of the close of trading on Tuesday. Currently there are 13 analysts who rate Microsoft a buy, 2 analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates

Microsoft

as a

buy

. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, expanding profit margins, increase in stock price during the past year, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel its strengths outweigh the fact that the company has had sub par growth in net income. Get the full

Microsoft 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

).