4 Stocks Improving Performance Of The Technology Sector

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 68 points (-0.5%) at 14,443 as of Monday, March 25, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,111 issues advancing vs. 1,777 declining with 156 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 AU Optronics Corporation ( AUO), up 5.4%, America Movil S.A.B. de C.V ( AMOV), up 1.3%, Kyocera Corporation ( KYO), up 1.3% and BT Group ( BT), up 1.0%. On the negative front, top decliners within the sector include Red Hat ( RHT), down 4.6%, Telecom Italia SpA ( TI), down 4.5%, Check Point Software Technologies ( CHKP), down 3.7%, VMWare ( VMW), down 3.2% and Nokia Oyj ( NOK), down 3.3%.

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

4. Mobile Telesystems OJSC ( MBT) is one of the companies pushing the Technology sector higher today. As of noon trading, Mobile Telesystems OJSC is up $0.50 (2.5%) to $20.70 on heavy volume Thus far, 1.7 million shares of Mobile Telesystems OJSC exchanged hands as compared to its average daily volume of 2.1 million shares. The stock has ranged in price between $20.28-$20.88 after having opened the day at $20.35 as compared to the previous trading day's close of $20.20.

Mobile TeleSystems OJSC, together with its subsidiaries, provides telecommunications services primarily in the Russian Federation, Ukraine, Uzbekistan, Armenia, and Belarus. Mobile Telesystems OJSC has a market cap of $20.2 billion and is part of the telecommunications industry. The company has a P/E ratio of 13.9, 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 Friday. Currently there are 5 analysts that rate Mobile Telesystems OJSC a buy, 1 analyst rates it a sell, and 1 rates it a hold.

TheStreet Ratings rates Mobile Telesystems OJSC as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year, 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 generally high debt management risk by most measures that we evaluated. Get the full Mobile Telesystems OJSC Ratings Report now.

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3. As of noon trading, America Movil S.A.B. de C.V ( AMX) is up $0.25 (1.2%) to $20.50 on average volume Thus far, 5.8 million shares of America Movil S.A.B. de C.V exchanged hands as compared to its average daily volume of 9.7 million shares. The stock has ranged in price between $20.13-$20.52 after having opened the day at $20.26 as compared to the previous trading day's close of $20.25.

America Movil, S.A.B. de C.V. provides telecommunications services primarily in the United States, Latin America, and the Caribbean. The company offers mobile and fixed voice services, including airtime, local, long-distance, public telephony, and network interconnection services. America Movil S.A.B. de C.V has a market cap of $72.4 billion and is part of the telecommunications industry. The company has a P/E ratio of 10.6, below the S&P 500 P/E ratio of 17.7. Shares are down 14.5% year to date as of the close of trading on Friday. Currently there are 3 analysts that rate America Movil S.A.B. de C.V a buy, 1 analyst rates it a sell, and 8 rate it a hold.

TheStreet Ratings rates America Movil S.A.B. de C.V as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and a generally disappointing performance in the stock itself. Get the full America Movil S.A.B. de C.V Ratings Report now.

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2. As of noon trading, Dell ( DELL) is up $0.44 (3.1%) to $14.58 on heavy volume Thus far, 40.9 million shares of Dell exchanged hands as compared to its average daily volume of 37.5 million shares. The stock has ranged in price between $14.50-$14.64 after having opened the day at $14.59 as compared to the previous trading day's close of $14.14.

Dell Inc., an information technology company, provides a range of technology solutions worldwide. Dell has a market cap of $25.0 billion and is part of the computer hardware industry. The company has a P/E ratio of 10.6, below the S&P 500 P/E ratio of 17.7. Shares are up 39.4% year to date as of the close of trading on Friday. Currently there is 1 analyst that rates 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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1. As of noon trading, Cisco Systems ( CSCO) is up $0.19 (0.9%) to $20.94 on average volume Thus far, 18.3 million shares of Cisco Systems exchanged hands as compared to its average daily volume of 34.6 million shares. The stock has ranged in price between $20.71-$20.96 after having opened the day at $20.88 as compared to the previous trading day's close of $20.75.

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 $115.5 billion and is part of the computer hardware 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 6.1% year to date as of the close of trading on Friday. 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 impressive record of earnings per share growth, compelling growth in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures and notable return on equity. 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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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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