The technology sector closed the day up 3%. eMagin Corporation ( EMAN), Dialogic Inc ( DLGC), Zoo Entertainment Inc ( ZOOG), and Pulse Electronics ( PULS) were all winners today within the technology sector with Cisco Systems Inc ( CSCO) being today's featured technology winner. Cisco Systems Inc rose 43 cents (2.6%) to $17.09 on light volume. Throughout the day, 46.4 million shares of Cisco Systems Inc exchanged hands as compared to its average daily volume of 73 million shares.

Cisco Systems, Inc. designs, manufactures, and sells Internet protocol (IP)-based networking and other products related to the communications and information technology industry worldwide. Cisco Systems Inc has a market cap of $87 billion and is part of the computer hardware industry. The company has a P/E ratio of 13.8, equal to the average computer hardware industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 20.1% year to date as of the close of trading on Friday.

TheStreet Ratings rates Cisco Systems as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow.

On the negative front, Enova Systems Inc ( ENA), Sprint Nextel ( S), Aetrium Incorporated ( ATRM), and Tegal Corporation ( TGAL) were all losers within the technology sector with Yingli Green Energy Holding Company ( YGE) being today's technology sector Loser Spotlight stock.

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).