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.

NQ Mobile

(

NQ

) pushed the Technology sector higher today making it today's featured technology winner. The sector as a whole closed the day down 0.7%. By the end of trading, NQ Mobile rose $1.01 (6.3%) to $17.02 on light volume. Throughout the day, 2,488,636 shares of NQ Mobile exchanged hands as compared to its average daily volume of 4,721,500 shares. The stock ranged in a price between $15.82-$17.16 after having opened the day at $15.92 as compared to the previous trading day's close of $16.01. Other companies within the Technology sector that increased today were:

Zynga

(

ZNGA

), up 23.6%,

Computer Programs and Systems

(

CPSI

), up 17.6%,

Echelon Corporation

(

ELON

), up 17.0% and

Cepheid

(

CPHD

), up 11.8%.

NQ Mobile Inc. provides mobile Internet services in the areas of mobile security, privacy, productivity, personalized cloud, and family protection. It operates through two segments, Consumer and Enterprise. NQ Mobile has a market cap of $842.8 million and is part of the computer software & services industry. The company has a P/E ratio of 33.6, above the S&P 500 P/E ratio of 17.7. Shares are up 8.9% year to date as of the close of trading on Thursday. Currently there is 1 analyst that rates NQ Mobile a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates NQ Mobile 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 solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and feeble growth in the company's earnings per share.

On the negative front,

SMTP

(

SMTP

), down 37.4%,

SMTP

(

SMTPD

), down 37.4%,

Ikanos Communications

(

IKAN

), down 16.0% and

Top Image Systems

(

TISA

), down 12.1% , were all laggards within the technology sector with

Taiwan Semiconductor Manufacturing

(

TSM

) being today's technology sector laggard.

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

(

XLK

) while those bearish on the technology sector could consider

ProShares Ultra Short Technology

(

REW

).

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