5 Technology Stocks On The Rise

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 63 points (0.4%) at 15,199 as of Monday, July 8, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,878 issues advancing vs. 1,083 declining with 93 unchanged.

The Technology sector currently is unchanged today versus the S&P 500, which is up 1.0%. Top gainers within the sector include Dell ( DELL), up 2.8%, Accenture ( ACN), up 1.4%, Sap ( SAP), up 1.4%, LM Ericsson Telephone Company ADR Class B ( ERIC), up 1.1% and Telefonica ( TEF), up 0.9%. On the negative front, top decliners within the sector include Intel ( INTC), down 3.6%, and Nippon Telegraph & Telephone ( NTT), down 2.0%.

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

5. Siemens ( SI) is one of the companies pushing the Technology sector higher today. As of noon trading, Siemens is up $3.27 (3.3%) to $103.50 on heavy volume. Thus far, 446,718 shares of Siemens exchanged hands as compared to its average daily volume of 378,900 shares. The stock has ranged in price between $103.02-$104.24 after having opened the day at $104.23 as compared to the previous trading day's close of $100.23.

Siemens Aktiengesellschaft, an electronics and electrical engineering company, operates in the energy, healthcare, industry, and infrastructure and cities sectors worldwide. Siemens has a market cap of $85.6 billion and is part of the industrial industry. Shares are down 8.4% year to date as of the close of trading on Friday. Currently there are 2 analysts that rate Siemens a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Siemens as a buy. The company's strengths can be seen in multiple areas, such as its notable return on equity, good cash flow from operations, solid stock price performance and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. Get the full Siemens 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, EMC Corporation ( EMC) is up $0.15 (0.6%) to $24.28 on light volume. Thus far, 6.6 million shares of EMC Corporation exchanged hands as compared to its average daily volume of 23.6 million shares. The stock has ranged in price between $24.11-$24.39 after having opened the day at $24.28 as compared to the previous trading day's close of $24.13.

EMC Corporation, together with its subsidiaries, develops, delivers, and supports information infrastructure and virtual infrastructure technologies, solutions, and services. EMC Corporation has a market cap of $50.4 billion and is part of the computer hardware industry. Shares are down 4.6% year to date as of the close of trading on Friday. Currently there are 26 analysts that rate EMC Corporation a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates EMC Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full EMC Corporation 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, Facebook Inc Class A ( FB) is up $0.42 (1.7%) to $24.79 on average volume. Thus far, 15.0 million shares of Facebook Inc Class A exchanged hands as compared to its average daily volume of 37.2 million shares. The stock has ranged in price between $24.42-$25.04 after having opened the day at $24.47 as compared to the previous trading day's close of $24.37.

Facebook, Inc. operates as a social networking company worldwide. It builds various tools that enable users to connect, share, discover, and communicate with each other on mobile devices and computers. Facebook Inc Class A has a market cap of $42.9 billion and is part of the internet industry. Shares are down 8.5% year to date as of the close of trading on Friday. Currently there are 23 analysts that rate Facebook Inc Class A a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Facebook Inc Class A as a sell. Among the areas we feel are negative, one of the most important has been a generally disappointing historical performance in the stock itself. Get the full Facebook Inc Class A 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 $0.20 (0.6%) to $35.58 on light volume. Thus far, 8.5 million shares of AT&T exchanged hands as compared to its average daily volume of 25.8 million shares. The stock has ranged in price between $35.39-$35.69 after having opened the day at $35.62 as compared to the previous trading day's close of $35.38.

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 $191.6 billion and is part of the telecommunications industry. Shares are up 6.3% year to date as of the close of trading on Friday. Currently there are 7 analysts that rate AT&T a buy, 2 analysts rate it a sell, and 20 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. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. 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, Google ( GOOG) is up $9.52 (1.1%) to $903.00 on average volume. Thus far, 1.2 million shares of Google exchanged hands as compared to its average daily volume of 2.3 million shares. The stock has ranged in price between $897.08-$906.27 after having opened the day at $899.21 as compared to the previous trading day's close of $893.49.

Google Inc., a technology company, builds products and provides services to organize the information and make it universally accessible and useful. Google has a market cap of $240.3 billion and is part of the internet industry. Shares are up 26.3% year to date as of the close of trading on Friday. Currently there are 25 analysts that rate Google a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Google as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, robust revenue growth, largely solid financial position with reasonable debt levels by most measures and reasonable valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Google 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).

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