All three major indices are trading up today with the

Dow Jones Industrial Average

(

^DJI

) trading up 32 points (0.2%) at 17,861 as of Friday, May 27, 2016, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,933 issues advancing vs. 985 declining with 172 unchanged.

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

JD.com

(

JD

), up 3.5%,

Yahoo

(

YHOO

), up 2.6%,

China Telecom

(

CHA

), up 1.8%,

Alphabet

(

GOOG

), up 1.2% and

Infosys

(

INFY

), up 1.1%. On the negative front, top decliners within the sector include

Nippon Telegraph & Telephone

(

NTT

), down 1.1%, and

NTT DOCOMO

(

DCM

), down 0.8%.

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

3.

Applied Materials

(

AMAT

) is one of the companies pushing the Technology sector higher today. As of noon trading, Applied Materials is up $0.70 (3.0%) to $24.44 on heavy volume. Thus far, 10.2 million shares of Applied Materials exchanged hands as compared to its average daily volume of 12.2 million shares. The stock has ranged in price between $23.80-$24.58 after having opened the day at $23.85 as compared to the previous trading day's close of $23.73.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

Applied Materials, Inc. provides manufacturing equipment, services, and software to the semiconductor, display, solar photovoltaic (PV), and related industries worldwide. Applied Materials has a market cap of $26.8 billion and is part of the electronics industry. Shares are up 27.1% year-to-date as of the close of trading on Thursday. Currently there are 11 analysts who rate Applied Materials a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates

Applied Materials

as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels, good cash flow from operations, 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

Applied Materials Ratings Report

now.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

2. As of noon trading,

Baidu

(

BIDU

) is up $6.36 (3.6%) to $184.03 on heavy volume. Thus far, 2.8 million shares of Baidu exchanged hands as compared to its average daily volume of 3.0 million shares. The stock has ranged in price between $178.28-$185.22 after having opened the day at $178.49 as compared to the previous trading day's close of $177.67.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

Baidu, Inc. provides Internet search services in China and internationally. It operates through Search Services, Transaction Services, and IQiyi segments. Baidu has a market cap of $61.2 billion and is part of the internet industry. Shares are down 6.0% year-to-date as of the close of trading on Thursday. Currently there are 6 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, notable return on equity, reasonable valuation levels, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. We feel its strengths outweigh the fact that the company has had sub par growth in net income. Get the full

Baidu Ratings Report

now.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

1. As of noon trading,

Alphabet

(

GOOGL

) is up $8.96 (1.2%) to $745.88 on average volume. Thus far, 751,670 shares of Alphabet exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $737.01-$746.24 after having opened the day at $737.01 as compared to the previous trading day's close of $736.93.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

Alphabet Inc., through its subsidiaries, provides online advertising services in the United States, the United Kingdom, and rest of the world. The company offers performance and brand advertising services. It operates through Google and Other Bets segments. Alphabet has a market cap of $506.7 billion and is part of the internet industry. Shares are down 5.3% year-to-date as of the close of trading on Thursday. Currently there are 30 analysts who rate Alphabet a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates

Alphabet

as a

buy

. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance and reasonable valuation levels. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full

Alphabet Ratings Report

now.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

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

).