Alcatel-Lucent ( ALU) pushed the Technology sector higher today making it today's featured technology winner. The sector as a whole closed the day down 0.1%. By the end of trading, Alcatel-Lucent rose 7 cents (4.4%) to $1.67 on light volume. Throughout the day, 15 million shares of Alcatel-Lucent exchanged hands as compared to its average daily volume of 24.9 million shares. The stock ranged in a price between $1.58-$1.68 after having opened the day at $1.60 as compared to the previous trading day's close of $1.60. Other companies within the Technology sector that increased today were: ( BNX), up 36.4%, Helios & Matheson Information Technology In ( HMNY), up 13.5%, BTU International ( BTUI), up 11.8%, and Mitek Systems ( MITK), up 11.6%.

Alcatel-Lucent, S.A. provides products, solutions, and transformation services that enable service providers, enterprises, governments, and strategic industries to deliver voice, data, and video communication services to end-users worldwide. Alcatel-Lucent has a market cap of $3.91 billion and is part of the telecommunications industry. Shares are down 45.9% year to date as of the close of trading on Tuesday. Currently there are four analysts that rate Alcatel-Lucent a buy, one analyst rates it a sell, and six rate it a hold.

TheStreet Ratings rates Alcatel-Lucent as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, generally poor debt management and weak operating cash flow.

On the negative front, Friendfinder Networks ( FFN), down 14.3%, LiveDeal ( LIVE), down 13.6%, Zoom Technologies ( ZOOM), down 13.5%, and Tier Technologies ( TIER), down 11.1%, were all losers within the technology sector with Research in Motion ( RIMM) 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 ( XLK) while those bearish on the technology sector could consider ProShares Ultra Short Technology ( REW).