Today's Top Performers In Technology

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 46 points (-0.3%) at 15,208 as of Tuesday, June 4, 2013, 12:49 PM ET. The NYSE advances/declines ratio sits at 1,093 issues advancing vs. 1,832 declining with 114 unchanged.

The Technology sector currently sits down 0.10 versus the S&P 500, which is down 0.24. Top gainers within the sector include ExactTarget ( ET), up 52.5%, Oi ( OIBR), up 17.6%, Portugal Telecom ( PT), up 7.1%, Turkcell Iletisim Hizmetleri AS ( TKC), up 3.9% and STMicroelectronics ( STM), up 4.1%. On the negative front, top decliners within the sector include Salesforce.com ( CRM), down 2.90, Telecom Italia SpA ( TI.A), down 1.94, Symantec ( SYMC), down 1.88, Siemens ( SI), down 1.03 and International Business Machines ( IBM), down 0.94.

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

5. Texas Instruments ( TXN) is one of the companies pushing the Technology sector higher today. As of noon trading, Texas Instruments is up $0.86 (2.37) to $36.88 on average volume Thus far, 4.2 million shares of Texas Instruments exchanged hands as compared to its average daily volume of 9.5 million shares. The stock has ranged in price between $36.42-$37.00 after having opened the day at $36.42 as compared to the previous trading day's close of $36.03.

Texas Instruments Incorporated engages in the design, manufacture, sale of semiconductors to electronics designers and manufacturers worldwide. The company operates in four segments: Analog, Embedded Processing, Wireless, and Other. Texas Instruments has a market cap of $39.8 billion and is part of the electronics industry. The company has a P/E ratio of 22.3, above the S&P 500 P/E ratio of 17.7. Shares are up 16.3% year to date as of the close of trading on Monday. Currently there are 9 analysts that rate Texas Instruments a buy, 5 analysts rate it a sell, and 18 rate it a hold.

TheStreet Ratings rates Texas Instruments as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, increase in net income, notable return on equity, largely solid financial position with reasonable debt levels by most measures and growth in earnings per share. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Texas Instruments Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

If you liked this article you might like

Dow, S&P 500 Set New Records as Fed Moves to Unwind Balance Sheet

Cramer: Dominoes Are in Play Today

Stocks In Negative Territory as Chances for December Hike Surge

Caterpillar Leads Dow to Records, S&P 500 Also at All-Time Highs

S&P 500 and Dow Score Records With Wall Street Upbeat Ahead of Fed