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.

4. As of noon trading, Verizon Communications ( VZ) is up $0.38 (0.78) to $49.04 on average volume Thus far, 5.6 million shares of Verizon Communications exchanged hands as compared to its average daily volume of 12.8 million shares. The stock has ranged in price between $48.50-$49.46 after having opened the day at $48.67 as compared to the previous trading day's close of $48.66.

Verizon Communications Inc., through its subsidiaries, provides communications, information and entertainment products and services to consumers, businesses, and governmental agencies worldwide. Verizon Communications has a market cap of $143.9 billion and is part of the telecommunications industry. The company has a P/E ratio of 121.2, above the S&P 500 P/E ratio of 17.7. Shares are up 12.5% year to date as of the close of trading on Monday. Currently there are 15 analysts that rate Verizon Communications a buy, no analysts rate it a sell, and 13 rate it a hold.

TheStreet Ratings rates Verizon Communications as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, good cash flow from operations, expanding profit margins and growth in earnings per share. 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 Verizon Communications 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.

3. As of noon trading, Qualcomm ( QCOM) is up $0.56 (0.89) to $63.79 on average volume Thus far, 7.7 million shares of Qualcomm exchanged hands as compared to its average daily volume of 12.5 million shares. The stock has ranged in price between $63.20-$63.97 after having opened the day at $63.43 as compared to the previous trading day's close of $63.23.

QUALCOMM Incorporated designs, develops, manufactures, and markets digital telecommunications products and services. It operates in four segments: QCT, QTL, QWI, and QSI. Qualcomm has a market cap of $109.7 billion and is part of the telecommunications industry. The company has a P/E ratio of 17.9, above the S&P 500 P/E ratio of 17.7. Shares are up 2.6% year to date as of the close of trading on Monday. Currently there are 26 analysts that rate Qualcomm a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Qualcomm 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, notable return on equity, impressive record of earnings per share growth and good cash flow from operations. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Qualcomm 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.

2. As of noon trading, AT&T ( T) is up $0.56 (1.60) to $35.63 on heavy volume Thus far, 22.0 million shares of AT&T exchanged hands as compared to its average daily volume of 24.9 million shares. The stock has ranged in price between $35.15-$35.75 after having opened the day at $35.19 as compared to the previous trading day's close of $35.07.

AT&T Inc. provides telecommunications services to consumers, businesses, and other providers in the United States and internationally. The company operates in three segments: Wireless, Wireline, and Other. AT&T has a market cap of $188.2 billion and is part of the telecommunications industry. The company has a P/E ratio of 26.5, above the S&P 500 P/E ratio of 17.7. Shares are up 4.0% year to date as of the close of trading on Monday. Currently there are 6 analysts that rate AT&T a buy, 2 analysts rate it a sell, and 21 rate it a hold.

TheStreet Ratings rates AT&T as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, expanding profit margins, good cash flow from operations, increase in net income and largely solid financial position with reasonable debt levels by most measures. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full AT&T 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.

1. As of noon trading, Intel ( INTC) is up $0.49 (1.94) to $25.73 on heavy volume Thus far, 39.2 million shares of Intel exchanged hands as compared to its average daily volume of 42.9 million shares. The stock has ranged in price between $25.35-$25.98 after having opened the day at $25.56 as compared to the previous trading day's close of $25.24.

Intel Corporation designs, manufactures, and sells integrated digital technology platforms worldwide. The company operates through PC Client Group, Data Center Group, Other Intel Architecture, Software and Services, and All Other segments. Intel has a market cap of $120.7 billion and is part of the electronics industry. The company has a P/E ratio of 12.1, below the S&P 500 P/E ratio of 17.7. Shares are up 17.7% year to date as of the close of trading on Monday. Currently there are 11 analysts that rate Intel a buy, 4 analysts rate it a sell, and 22 rate it a hold.

TheStreet Ratings rates Intel 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 somewhat weak growth in earnings per share. Get the full Intel 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 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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