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 up today with the

Dow Jones Industrial Average

(

^DJI

) trading up 55 points (0.3%) at 16,661 as of Tuesday, May 27, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,943 issues advancing vs. 1,024 declining with 173 unchanged.

The Technology sector currently sits up 2.1% versus the S&P 500, which is up 0.5%. Top gainers within the sector include

Identive Group

(

INVE

), up 946.1%,

Telecom Italia SpA

(

TI.A

), up 4.3%,

Telecom Italia SpA

(

TI

), up 4.1%,

LinkedIn Corp Class A

(

LNKD

), up 3.2% and

Western Digital

(

WDC

), up 2.2%. On the negative front, top decliners within the sector include

America Movil SAB de CV

(

AMOV

), down 2.9%,

Amazon.com

(

AMZN

), down 1.4%,

Nippon Telegraph & Telephone

(

NTT

), down 1.2% and

China Telecom

(

CHA

), down 1.2%.

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

3.

Google

(

GOOGL

) is one of the companies pushing the Technology sector higher today. As of noon trading, Google is up $5.98 (1.1%) to $569.78 on light volume. Thus far, 1.2 million shares of Google exchanged hands as compared to its average daily volume of 3.3 million shares. The stock has ranged in price between $564.15-$570.69 after having opened the day at $567.78 as compared to the previous trading day's close of $563.80.

Google Inc., a technology company, builds products and provides services to organize the information. Google has a market cap of $158.8 billion and is part of the internet industry. Shares are up 0.3% year-to-date as of the close of trading on Friday. Currently there are 26 analysts who rate Google a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates

Google

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 reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, disappointing return on equity and feeble growth in the company's earnings per share. Get the full

Google 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.

2. As of noon trading,

Facebook

(

FB

) is up $1.35 (2.2%) to $62.70 on average volume. Thus far, 30.4 million shares of Facebook exchanged hands as compared to its average daily volume of 68.2 million shares. The stock has ranged in price between $61.57-$62.99 after having opened the day at $61.62 as compared to the previous trading day's close of $61.35.

Facebook, Inc. operates as a social networking company worldwide. It provides a set of development tools and application programming interfaces that enable developers to integrate with Facebook to create mobile and Web applications. Facebook has a market cap of $122.3 billion and is part of the internet industry. Shares are up 12.3% year-to-date as of the close of trading on Friday. Currently there are 32 analysts who rate Facebook a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates

Facebook

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 impressive record of earnings per share growth. However, as a counter to these strengths, we find that the stock itself is trading at a premium valuation. Get the full

Facebook 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.

1. As of noon trading,

Apple

(

AAPL

) is up $6.88 (1.1%) to $621.00 on average volume. Thus far, 6.5 million shares of Apple exchanged hands as compared to its average daily volume of 9.5 million shares. The stock has ranged in price between $615.63-$621.65 after having opened the day at $615.88 as compared to the previous trading day's close of $614.13.

Apple Inc. and its wholly-owned subsidiaries design, manufacture, and market mobile communication and media devices, personal computers, and portable digital music players worldwide. Apple has a market cap of $529.0 billion and is part of the consumer durables industry. Shares are up 9.5% year-to-date as of the close of trading on Friday. Currently there are 30 analysts who rate Apple a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates

Apple

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, notable return on equity, expanding profit margins and good cash flow from operations. 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

Apple 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.

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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