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

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 25 points (-0.2%) at 14,513 as of Friday, March 15, 2013, 12:49 PM ET. The NYSE advances/declines ratio sits at 1,309 issues advancing vs. 1,578 declining with 140 unchanged.

The Technology sector currently sits down 0.3% versus the S&P 500, which is down 0.1%. On the negative front, top decliners within the sector include America Movil S.A.B. de C.V ( AMX), down 3.9%, America Movil S.A.B. de C.V ( AMOV), down 3.0%, BT Group ( BT), down 1.5%, Taiwan Semiconductor Manufacturing ( TSM), down 1.4% and Verizon Communications ( VZ), down 1.0%.

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

5. NTT DoCoMo ( DCM) is one of the companies pushing the Technology sector higher today. As of noon trading, NTT DoCoMo is up $0.11 (0.7%) to $15.27 on light volume Thus far, 112,591 shares of NTT DoCoMo exchanged hands as compared to its average daily volume of 423,600 shares. The stock has ranged in price between $15.18-$15.27 after having opened the day at $15.22 as compared to the previous trading day's close of $15.16.

NTT DOCOMO, INC. provides mobile telephone services over its long term evolution and W-CDMA networks. NTT DoCoMo has a market cap of $63.2 billion and is part of the telecommunications industry. The company has a P/E ratio of 13.5, below the S&P 500 P/E ratio of 17.7. Shares are up 5.2% year to date as of the close of trading on Thursday. 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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4. As of noon trading, Thomson Reuters Corporation ( TRI) is up $1.16 (3.7%) to $32.50 on heavy volume Thus far, 4.1 million shares of Thomson Reuters Corporation exchanged hands as compared to its average daily volume of 881,000 shares. The stock has ranged in price between $31.60-$32.87 after having opened the day at $32.32 as compared to the previous trading day's close of $31.34.

Thomson Reuters Corporation provides intelligent information for businesses and professionals worldwide. Thomson Reuters Corporation has a market cap of $25.8 billion and is part of the computer software & services industry. The company has a P/E ratio of 12.5, below the S&P 500 P/E ratio of 17.7. Shares are up 7.8% year to date as of the close of trading on Thursday. Currently there are 3 analysts that rate Thomson Reuters Corporation a buy, 2 analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Thomson Reuters Corporation 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 reasonable valuation levels. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. Get the full Thomson Reuters Corporation Ratings Report now.

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3. As of noon trading, Infosys ( INFY) is up $0.73 (1.4%) to $53.99 on average volume Thus far, 1.3 million shares of Infosys exchanged hands as compared to its average daily volume of 2.1 million shares. The stock has ranged in price between $53.55-$54.48 after having opened the day at $53.68 as compared to the previous trading day's close of $53.26.

Infosys Limited provides business consulting, technology, engineering, and outsourcing services worldwide. Infosys has a market cap of $30.3 billion and is part of the computer software & services industry. The company has a P/E ratio of 17.6, equal to the S&P 500 P/E ratio of 17.7. Shares are up 25.9% year to date as of the close of trading on Thursday. Currently there are 3 analysts that rate Infosys a buy, 4 analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Infosys 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, reasonable valuation levels, good cash flow from operations 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 Infosys Ratings Report now.

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2. As of noon trading, Cisco Systems ( CSCO) is up $0.29 (1.3%) to $21.88 on heavy volume Thus far, 32.6 million shares of Cisco Systems exchanged hands as compared to its average daily volume of 35.3 million shares. The stock has ranged in price between $21.38-$21.88 after having opened the day at $21.57 as compared to the previous trading day's close of $21.59.

Cisco Systems, Inc. designs, manufactures, and sells Internet protocol (IP) based networking and other products related to the communications and information technology industries worldwide. Cisco Systems has a market cap of $115.0 billion and is part of the computer hardware industry. The company has a P/E ratio of 12.4, below the S&P 500 P/E ratio of 17.7. Shares are up 9.9% year to date as of the close of trading on Thursday. Currently there are 20 analysts that rate Cisco Systems a buy, 1 analyst rates it a sell, and 8 rate it a hold.

TheStreet Ratings rates Cisco Systems as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, impressive record of earnings per share growth, compelling growth in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Cisco Systems Ratings Report now.

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1. As of noon trading, Apple ( AAPL) is up $10.22 (2.4%) to $442.72 on average volume Thus far, 14.0 million shares of Apple exchanged hands as compared to its average daily volume of 19.2 million shares. The stock has ranged in price between $437.25-$443.00 after having opened the day at $437.93 as compared to the previous trading day's close of $432.50.

Apple Inc., together with subsidiaries, designs, manufactures, and markets personal computers, mobile communication devices, and portable digital music and video players, as well as sells various related software, services, peripherals, and networking solutions. Apple has a market cap of $402.2 billion and is part of the computer hardware industry. The company has a P/E ratio of 9.7, below the S&P 500 P/E ratio of 17.7. Shares are down 18.7% year to date as of the close of trading on Thursday. Currently there are 33 analysts that rate Apple a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Apple 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 expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Apple 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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