Nippon Telegraph & Telephone



) pushed the Technology sector higher today making it today's featured technology winner. The sector as a whole closed the day up 0.1%. By the end of trading, Nippon Telegraph & Telephone rose 11 cents (0.5%) to $21.40 on heavy volume. Throughout the day, 1.8 million shares of Nippon Telegraph & Telephone exchanged hands as compared to its average daily volume of 600,900 shares. The stock ranged in a price between $21.28-$21.45 after having opened the day at $21.39 as compared to the previous trading day's close of $21.29. Other companies within the Technology sector that increased today were:




), up 38.7%,

Elephant Talk Communications



), up 29.3%,




), up 25%, and

Ambient Corporation



), up 23.6%.

Nippon Telegraph and Telephone Corporation, together with its subsidiaries, provides telecommunications services to residential and corporate customers in Japan. Nippon Telegraph & Telephone has a market cap of $52.25 billion and is part of the


industry. The company has a P/E ratio of 10.4, above the average telecommunications industry P/E ratio of 9.6 and below the S&P 500 P/E ratio of 17.7. Shares are down 15.7% year to date as of the close of trading on Wednesday. Currently there are no analysts that rate 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


. Among the primary strengths of the company is its growth in earnings per share. At the same time, however, we also find weaknesses including weak operating cash flow and a generally disappointing performance in the stock itself.

On the negative front,

Semiconductor Manufacturing International C



), down 12.9%,

Kingtone Wirelessinfo Solution



), down 12.5%,

Spire Corporation



), down 12.3%, and

e-Future Information Technology



), down 11.1%, were all losers within the technology sector with

Taiwan Semiconductor Manufacturing



) being today's technology sector loser.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the technology sector could consider

Technology Select Sector SPDR



) while those bearish on the technology sector could consider

ProShares Ultra Short Technology