TheStreet Ratings group would like to highlight 5 stocks pushing the technology sector higher today, Nov. 14, 2012.Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 47 points (-0.4%) at 12,708 as of Wednesday, Nov. 14, 2012, 11:49 AM ET. The NYSE advances/declines ratio sits at 733 issues advancing vs. 2,191 declining with 116 unchanged. The Technology sector currently sits down 0.4% versus the S&P 500, which is down 0.3%. Top gainers within the sector include F5 Networks ( FFIV), up 4.2%, Xilinx ( XLNX), up 2.8%, Broadcom Corporation ( BRCM), up 2.5%, ASML ( ASML), up 1.6% and Hewlett-Packard ( HPQ), up 1.0%. On the negative front, top decliners within the sector include Baidu ( BIDU), down 5.0%, Mobile Telesystems OJSC ( MBT), down 2.8%, China Telecom ( CHA), down 2.3%, Philippine Long Distance Telephone ( PHI), down 1.9% and China Unicom (Hong Kong ( CHU), down 1.5%. TheStreet Ratings group would like to highlight 5 stocks pushing the sector higher today: 5. Telefonica ( TEF) is one of the companies pushing the Technology sector higher today. As of noon trading, Telefonica is up $0.14 (1.1%) to $12.84 on light volume Thus far, 602,791 shares of Telefonica exchanged hands as compared to its average daily volume of 2.2 million shares. The stock has ranged in price between $12.76-$12.95 after having opened the day at $12.88 as compared to the previous trading day's close of $12.70. Telefonica, S.A. provides fixed and mobile telephony services primarily in Spain, Latin America, and rest of Europe. Telefonica has a market cap of $57.4 billion and is part of the telecommunications industry. The company has a P/E ratio of 57.4, above the S&P 500 P/E ratio of 17.7. Shares are down 26.8% year to date as of the close of trading on Tuesday. Currently there are no analysts that rate Telefonica a buy, 3 analysts rate it a sell, and 2 rate it a hold. TheStreet Ratings rates Telefonica as a hold. Among the primary strengths of the company is its attractive valuation levels, considering its current price compared to earnings, book value and other measures. At the same time, however, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and generally higher debt management risk. Get the full Telefonica Ratings Report now.