4 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 15 points (-0.1%) at 14,074 as of Monday, March 4, 2013, 12:05 PM ET. The NYSE advances/declines ratio sits at 1,220 issues advancing vs. 1,591 declining with 184 unchanged.

The Technology sector currently is unchanged today versus the S&P 500, which is unchanged. Top gainers within the sector include Yahoo ( YHOO), up 2.6%, Telefonica ( TEF), up 2.5%, Google ( GOOG), up 1.0%, Ericsson Telephone Company ( ERIC), up 0.8% and AT&T ( T), up 0.7%. On the negative front, top decliners within the sector include Baidu ( BIDU), down 3.0%, China Unicom (Hong Kong ( CHU), down 2.5%, Nokia Oyj ( NOK), down 2.4%, Mobile Telesystems OJSC ( MBT), down 1.9% and P.T. Telekomunikasi Indonesia Tbk ( TLK), down 1.4%.

TheStreet Ratings group would like to highlight 4 stocks pushing the sector higher today:

4. NTT DoCoMo ( DCM) is one of the companies pushing the Technology sector higher today. As of noon trading, NTT DoCoMo is up $0.15 (1.0%) to $15.48 on heavy volume Thus far, 384,086 shares of NTT DoCoMo exchanged hands as compared to its average daily volume of 380,100 shares. The stock has ranged in price between $15.38-$15.48 after having opened the day at $15.41 as compared to the previous trading day's close of $15.33.

NTT DOCOMO, INC. provides mobile telephone services over its long term evolution and W-CDMA networks. NTT DoCoMo has a market cap of $64.1 billion and is part of the telecommunications industry. The company has a P/E ratio of 13.7, below the S&P 500 P/E ratio of 17.7. Shares are up 7.3% year to date as of the close of trading on Friday. Currently there are no analysts that rate NTT DoCoMo a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates NTT DoCoMo 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, attractive valuation levels, good cash flow from operations, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full NTT DoCoMo Ratings Report now.

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3. As of noon trading, Sap AG ADR ( SAP) is up $0.66 (0.8%) to $79.34 on light volume Thus far, 256,873 shares of Sap AG ADR exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $79.03-$79.54 after having opened the day at $79.21 as compared to the previous trading day's close of $78.68.

SAP AG provides enterprise application software and software-related services worldwide. Sap AG ADR has a market cap of $93.2 billion and is part of the computer software & services industry. The company has a P/E ratio of 20.9, above the S&P 500 P/E ratio of 17.7. Shares are down 2.7% year to date as of the close of trading on Friday. Currently there are 7 analysts that rate Sap AG ADR a buy, 2 analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates Sap AG ADR as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, increase in net income, expanding profit margins and growth in earnings per share. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Sap AG ADR Ratings Report now.

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2. As of noon trading, Salesforce.com ( CRM) is up $3.48 (1.9%) to $185.48 on average volume Thus far, 1.1 million shares of Salesforce.com exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $181.48-$185.93 after having opened the day at $182.31 as compared to the previous trading day's close of $182.00.

salesforce.com, inc provides cloud computing and social enterprise solutions to various businesses and industries worldwide. The company delivers customer relationship management applications through Internet or cloud. Salesforce.com has a market cap of $24.8 billion and is part of the computer software & services industry. The company has a P/E ratio of 103.8, above the S&P 500 P/E ratio of 17.7. Shares are up 0.7% year to date as of the close of trading on Friday. Currently there are 27 analysts that rate Salesforce.com a buy, 2 analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Salesforce.com as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow. Get the full Salesforce.com Ratings Report now.

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1. As of noon trading, International Business Machines ( IBM) is up $1.17 (0.6%) to $204.08 on light volume Thus far, 1.1 million shares of International Business Machines exchanged hands as compared to its average daily volume of 3.9 million shares. The stock has ranged in price between $202.55-$204.33 after having opened the day at $202.59 as compared to the previous trading day's close of $202.91.

International Business Machines Corporation provides information technology (IT) products and services worldwide. The company operates in five segments: Global Technology Services, Global Business Services, Software, Systems and Technology, and Global Financing. International Business Machines has a market cap of $223.8 billion and is part of the computer hardware industry. The company has a P/E ratio of 14.0, below the S&P 500 P/E ratio of 17.7. Shares are up 4.8% year to date as of the close of trading on Friday. Currently there are 9 analysts that rate International Business Machines a buy, no analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates International Business Machines as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, notable return on equity, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full International Business Machines Ratings Report now.

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If you are interested in one of these 4 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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