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 125 points (0.7%) at 17,965 as of Friday, May 1, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,606 issues advancing vs. 1,375 declining with 147 unchanged.

The Technology sector currently sits up 0.2% versus the S&P 500, which is up 0.6%. Top gainers within the sector include

Altera

(

ALTR

), up 8.3%,

FireEye

(

FEYE

), up 8.0%,

Avago Technologies

(

AVGO

), up 4.3%,

NXP Semiconductors

(

NXPI

), up 4.1% and

Freescale Semiconductor

(

FSL

), up 3.6%. On the negative front, top decliners within the sector include

American Tower

(

AMT

), down 1.4%,

AT&T

(

T

), down 0.9%,

America Movil SAB de CV

(

AMOV

), down 0.9% and

Verizon Communications

(

VZ

), down 0.7%.

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

3.

Baidu

(

BIDU

) is one of the companies pushing the Technology sector higher today. As of noon trading, Baidu is up $1.49 (0.7%) to $201.77 on heavy volume. Thus far, 3.8 million shares of Baidu exchanged hands as compared to its average daily volume of 3.1 million shares. The stock has ranged in price between $196.13-$202.50 after having opened the day at $200.90 as compared to the previous trading day's close of $200.28.

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Baidu, Inc. provides Internet search services in China and internationally. Baidu has a market cap of $76.9 billion and is part of the internet industry. Shares are down 3.9% year-to-date as of the close of trading on Thursday. Currently there are 12 analysts who rate Baidu a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates

Baidu

as a

buy

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, increase in net income, growth in earnings per share, solid stock price performance and largely solid financial position with reasonable debt levels by most measures. 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

Baidu Ratings Report

now.

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2. As of noon trading,

Micron Technology

(

MU

) is up $0.80 (2.8%) to $28.93 on light volume. Thus far, 7.6 million shares of Micron Technology exchanged hands as compared to its average daily volume of 22.9 million shares. The stock has ranged in price between $28.31-$29.02 after having opened the day at $28.31 as compared to the previous trading day's close of $28.13.

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Micron Technology, Inc., together with its subsidiaries, provides semiconductor solutions worldwide. The company manufactures and markets dynamic random access memory (DRAM), NAND flash, and NOR flash memory products; and packaging solutions and semiconductor systems. Micron Technology has a market cap of $31.2 billion and is part of the electronics industry. Shares are down 17.5% year-to-date as of the close of trading on Thursday. Currently there are 17 analysts who rate Micron Technology a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates

Micron Technology

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, attractive valuation levels and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full

Micron Technology Ratings Report

now.

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1. As of noon trading,

Cisco Systems

(

CSCO

) is up $0.23 (0.8%) to $29.06 on light volume. Thus far, 8.8 million shares of Cisco Systems exchanged hands as compared to its average daily volume of 28.0 million shares. The stock has ranged in price between $28.78-$29.14 after having opened the day at $28.81 as compared to the previous trading day's close of $28.83.

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Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol (IP) based networking products and services related to the communications and information technology industry worldwide. Cisco Systems has a market cap of $148.3 billion and is part of the computer hardware industry. Shares are up 4.4% year-to-date as of the close of trading on Thursday. Currently there are 19 analysts who rate Cisco Systems a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates

Cisco Systems

as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, notable return on equity, attractive valuation levels and increase in net income. 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

Cisco Systems 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

).