5 Stocks Pushing The Technology Sector Higher

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

One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 1 points (-0.0%) at 13,971 as of Friday, Feb. 15, 2013, 11:49 AM ET. The NYSE advances/declines ratio sits at 1,429 issues advancing vs. 1,408 declining with 163 unchanged.

The Technology sector currently is unchanged today versus the S&P 500, which is unchanged. Top gainers within the sector include Qlik Technologies ( QLIK), up 18.7%, TIBCO Software ( TIBX), up 4.5%, Rogers Communications ( RCI), up 4.2%, Garmin ( GRMN), up 1.9% and Intuit ( INTU), up 1.8%. On the negative front, top decliners within the sector include LogMeIn ( LOGM), down 28.2%, Agilent Technologies ( A), down 3.8%, Research in Motion ( BBRY), down 3.4%, Tim Holding Company ( TSU), down 3.0% and ASML ( ASML), down 2.8%.

TheStreet Ratings group would like to highlight 5 stocks pushing the sector higher today:

5. Citrix Systems ( CTXS) is one of the companies pushing the Technology sector higher today. As of noon trading, Citrix Systems is up $0.66 (0.9%) to $72.67 on average volume Thus far, 1.0 million shares of Citrix Systems exchanged hands as compared to its average daily volume of 2.5 million shares. The stock has ranged in price between $71.82-$73.37 after having opened the day at $71.95 as compared to the previous trading day's close of $72.01.

Citrix Systems, Inc. designs, develops, and markets technology solutions to deliver IT services on-demand worldwide. Citrix Systems has a market cap of $13.5 billion and is part of the computer software & services industry. The company has a P/E ratio of 25.2, above the S&P 500 P/E ratio of 17.7. Shares are up 10.3% year to date as of the close of trading on Thursday. Currently there are 20 analysts that rate Citrix Systems a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Citrix Systems as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, increase in net income, good cash flow from operations and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Citrix Systems Ratings Report now.

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4. As of noon trading, VMWare ( VMW) is up $1.15 (1.6%) to $74.53 on average volume Thus far, 1.2 million shares of VMWare exchanged hands as compared to its average daily volume of 2.6 million shares. The stock has ranged in price between $73.01-$74.87 after having opened the day at $73.38 as compared to the previous trading day's close of $73.38.

VMware, Inc. provides virtualization and virtualization-based cloud infrastructure solutions in the United States and internationally. VMWare has a market cap of $9.5 billion and is part of the computer software & services industry. The company has a P/E ratio of 26.1, above the S&P 500 P/E ratio of 17.7. Shares are down 21.1% year to date as of the close of trading on Thursday. Currently there are 16 analysts that rate VMWare a buy, no analysts rate it a sell, and 15 rate it a hold.

TheStreet Ratings rates VMWare as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, increase in net income, growth in earnings per share and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full VMWare Ratings Report now.

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3. As of noon trading, Accenture ( ACN) is up $0.67 (0.9%) to $73.80 on average volume Thus far, 1.3 million shares of Accenture exchanged hands as compared to its average daily volume of 2.9 million shares. The stock has ranged in price between $73.00-$74.08 after having opened the day at $73.08 as compared to the previous trading day's close of $73.13.

Accenture plc operates as a management consulting, technology services, and outsourcing company worldwide. Accenture has a market cap of $47.4 billion and is part of the computer software & services industry. The company has a P/E ratio of 18.7, above the S&P 500 P/E ratio of 17.7. Shares are up 10.6% year to date as of the close of trading on Thursday. Currently there are 14 analysts that rate Accenture a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Accenture 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, solid stock price performance, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Accenture Ratings Report now.

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2. As of noon trading, SanDisk ( SNDK) is up $1.47 (2.9%) to $51.50 on heavy volume Thus far, 3.8 million shares of SanDisk exchanged hands as compared to its average daily volume of 4.3 million shares. The stock has ranged in price between $50.18-$51.94 after having opened the day at $50.18 as compared to the previous trading day's close of $50.03.

Sandisk Corporation designs, develops, and manufactures NAND flash memory storage solutions that are used in various consumer electronics products. SanDisk has a market cap of $12.0 billion and is part of the computer hardware industry. The company has a P/E ratio of 20.9, above the S&P 500 P/E ratio of 17.7. Shares are up 14.2% year to date as of the close of trading on Thursday. Currently there are 17 analysts that rate SanDisk a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates SanDisk as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, good cash flow from operations, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full SanDisk Ratings Report now.

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1. As of noon trading, Dell ( DELL) is up $0.08 (0.6%) to $13.80 on light volume Thus far, 7.1 million shares of Dell exchanged hands as compared to its average daily volume of 38.0 million shares. The stock has ranged in price between $13.68-$13.80 after having opened the day at $13.70 as compared to the previous trading day's close of $13.71.

Dell Inc. provides integrated technology solutions in the information technology (IT) industry worldwide. Dell has a market cap of $23.9 billion and is part of the computer hardware industry. The company has a P/E ratio of 9.4, below the S&P 500 P/E ratio of 17.7. Shares are up 35.8% year to date as of the close of trading on Thursday. Currently there are 3 analysts that rate Dell a buy, 2 analysts rate it a sell, and 19 rate it a hold.

TheStreet Ratings rates Dell as a hold. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, good cash flow from operations 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, poor profit margins and disappointing return on equity. Get the full Dell Ratings Report now.

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If you are interested in one of these 5 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).

A reminder about TheStreet Ratings group: 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.

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