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

Two out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 24 points (0.2%) at 14,421 as of Monday, March 11, 2013, 12:45 PM ET. The NYSE advances/declines ratio sits at 1,375 issues advancing vs. 1,531 declining with 142 unchanged.

The Technology sector currently sits up 0.2% versus the S&P 500, which is up 0.1%. Top gainers within the sector include Research in Motion ( BBRY), up 11.0%, Research in Motion ( RIMM), up 11.0%, Ericsson Telephone Company ( ERIC), up 1.0%, EMC Corporation ( EMC), up 1.3% and BT Group ( BT), up 1.2%. On the negative front, top decliners within the sector include Akamai Technologies ( AKAM), down 2.7%, Telecom Italia SpA ADR ( TI.A), down 2.7%, Telecom Italia SpA ( TI), down 2.1%, Intuit ( INTU), down 1.8% and China Unicom (Hong Kong ( CHU), down 1.4%.

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

5. AU Optronics Corporation ( AUO) is one of the companies pushing the Technology sector higher today. As of noon trading, AU Optronics Corporation is up $0.23 (5.2%) to $4.63 on light volume Thus far, 274,007 shares of AU Optronics Corporation exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $4.58-$4.64 after having opened the day at $4.59 as compared to the previous trading day's close of $4.40.

AU Optronics Corp., together with its subsidiaries, engages in the design, development, manufacture, assembly, and marketing of flat panel displays, primarily thin film transistor liquid crystal display (TFT-LCD) panels. AU Optronics Corporation has a market cap of $3.9 billion and is part of the electronics industry. Shares are down 2.2% year to date as of the close of trading on Friday. Currently there is 1 analyst that rates AU Optronics Corporation a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates AU Optronics Corporation as a sell. The company's weaknesses can be seen in multiple areas, such as its generally high debt management risk, disappointing return on equity, poor profit margins and generally disappointing historical performance in the stock itself. Get the full AU Optronics Corporation Ratings Report now.

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4. As of noon trading, Telefonica Brasil S.A ( VIV) is up $0.14 (0.5%) to $27.64 on average volume Thus far, 700,388 shares of Telefonica Brasil S.A exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $27.42-$27.71 after having opened the day at $27.67 as compared to the previous trading day's close of $27.50.

Telefonica Brasil, S.A. provides fixed-line telecommunications services to residential and commercial customers in the state of Sao Paulo, Brazil. Telefonica Brasil S.A has a market cap of $30.5 billion and is part of the telecommunications industry. The company has a P/E ratio of 6.5, below the S&P 500 P/E ratio of 17.7. Shares are up 14.3% year to date as of the close of trading on Friday. Currently there are 5 analysts that rate Telefonica Brasil S.A a buy, 1 analyst rates it a sell, and 1 rates it a hold.

TheStreet Ratings rates Telefonica Brasil S.A 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 and attractive valuation levels. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. Get the full Telefonica Brasil S.A Ratings Report now.

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3. As of noon trading, Electronic Arts ( EA) is up $0.62 (3.3%) to $19.20 on heavy volume Thus far, 5.1 million shares of Electronic Arts exchanged hands as compared to its average daily volume of 5.4 million shares. The stock has ranged in price between $18.58-$19.51 after having opened the day at $18.58 as compared to the previous trading day's close of $18.58.

Electronic Arts Inc. develops, markets, publishes, and distributes game software content and services for video game consoles, personal computers, mobile phones, tablets and electronic readers, and the Internet. Electronic Arts has a market cap of $5.6 billion and is part of the computer software & services industry. The company has a P/E ratio of 38.2, above the S&P 500 P/E ratio of 17.7. Shares are up 28.9% year to date as of the close of trading on Friday. Currently there are 8 analysts that rate Electronic Arts a buy, no analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates Electronic Arts as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. However, as a counter to these strengths, we find that we feel that the company's cash flow from its operations has been weak overall. Get the full Electronic Arts Ratings Report now.

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2. As of noon trading, Zynga Inc Class A ( ZNGA) is up $0.35 (9.8%) to $3.92 on heavy volume Thus far, 48.9 million shares of Zynga Inc Class A exchanged hands as compared to its average daily volume of 31.3 million shares. The stock has ranged in price between $3.67-$3.93 after having opened the day at $3.70 as compared to the previous trading day's close of $3.57.

Zynga Inc. develops, markets, and operates online social games as live services on the Internet, social networking sites, and mobile platforms in the United States and internationally. Zynga Inc Class A has a market cap of $2.1 billion and is part of the internet industry. Shares are up 49.6% year to date as of the close of trading on Friday. Currently there are 3 analysts that rate Zynga Inc Class A a buy, 1 analyst rates it a sell, and 13 rate it a hold.

TheStreet Ratings rates Zynga Inc Class A as a sell. The company's weaknesses can be seen in multiple areas, such as its weak operating cash flow and generally disappointing historical performance in the stock itself. Get the full Zynga Inc Class A Ratings Report now.

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1. As of noon trading, Dell ( DELL) is up $0.18 (1.3%) to $14.34 on average volume Thus far, 17.0 million shares of Dell exchanged hands as compared to its average daily volume of 37.2 million shares. The stock has ranged in price between $14.22-$14.35 after having opened the day at $14.28 as compared to the previous trading day's close of $14.16.

Dell Inc. provides integrated technology solutions in the information technology (IT) industry worldwide. Dell has a market cap of $24.7 billion and is part of the computer hardware industry. The company has a P/E ratio of 8.3, below the S&P 500 P/E ratio of 17.7. Shares are up 40.2% year to date as of the close of trading on Friday. Currently there are 2 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 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, weak operating cash flow and poor profit margins. 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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