5 Stocks Improving Performance Of The Technology Sector

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 18 points (0.1%) at 15,482 as of Monday, July 15, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,893 issues advancing vs. 1,042 declining with 108 unchanged.

The Technology sector currently sits up 1.0% versus the S&P 500, which is up 0.1%. Top gainers within the sector include Leap Wireless International ( LEAP), up 114.4%, First Solar ( FSLR), up 5.8%, Baidu ( BIDU), up 4.3%, Qihoo 360 Technology ( QIHU), up 4.5% and NetApp ( NTAP), up 2.8%. On the negative front, top decliners within the sector include American Tower ( AMT), down 2.9%, and Verizon Communications ( VZ), down 0.8%.

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

5. EMC Corporation ( EMC) is one of the companies pushing the Technology sector higher today. As of noon trading, EMC Corporation is up $0.30 (1.2%) to $25.24 on light volume. Thus far, 7.6 million shares of EMC Corporation exchanged hands as compared to its average daily volume of 22.7 million shares. The stock has ranged in price between $24.90-$25.25 after having opened the day at $24.91 as compared to the previous trading day's close of $24.94.

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 $51.6 billion and is part of the computer hardware industry. Shares are down 2.8% 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 somewhat disappointing return on equity. 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.

4. As of noon trading, International Business Machines ( IBM) is up $1.84 (1.0%) to $193.91 on average volume. Thus far, 2.8 million shares of International Business Machines exchanged hands as compared to its average daily volume of 4.5 million shares. The stock has ranged in price between $191.68-$194.10 after having opened the day at $192.42 as compared to the previous trading day's close of $192.07.

International Business Machines Corporation provides information technology (IT) products and services worldwide. The company operates in five segments: Global Technology Services, Global Business Services, Software, Systems and Technology, and Global Financing. International Business Machines has a market cap of $213.8 billion and is part of the computer software & services industry. Shares are up 0.7% year to date as of the close of trading on Friday. Currently there are 10 analysts that rate International Business Machines a buy, no analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates International Business Machines as a buy. The company's strengths can be seen in multiple areas, such as its notable return on equity, growth in earnings per share, expanding profit margins and increase in stock price during the past year. 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 International Business Machines 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, Oracle Corporation ( ORCL) is up $0.62 (2.0%) to $31.87 on average volume. Thus far, 17.8 million shares of Oracle Corporation exchanged hands as compared to its average daily volume of 27.7 million shares. The stock has ranged in price between $31.32-$31.95 after having opened the day at $31.51 as compared to the previous trading day's close of $31.25.

Oracle Corporation develops, manufactures, markets, hosts, and supports database and middleware software, applications software, and hardware systems. Oracle Corporation has a market cap of $147.5 billion and is part of the computer software & services industry. Shares are down 4.4% year to date as of the close of trading on Friday. Currently there are 21 analysts that rate Oracle Corporation a buy, 1 analyst rates it a sell, and 9 rate it a hold.

TheStreet Ratings rates Oracle Corporation as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, revenue growth, notable return on equity and attractive valuation levels. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Oracle 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.

2. As of noon trading, Facebook Inc Class A ( FB) is up $0.23 (0.9%) to $26.14 on light volume. Thus far, 11.3 million shares of Facebook Inc Class A exchanged hands as compared to its average daily volume of 36.8 million shares. The stock has ranged in price between $25.65-$26.23 after having opened the day at $25.93 as compared to the previous trading day's close of $25.91.

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 $45.2 billion and is part of the internet industry. Shares are down 3.0% 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.

1. As of noon trading, Microsoft Corporation ( MSFT) is up $0.48 (1.3%) to $36.14 on light volume. Thus far, 15.2 million shares of Microsoft Corporation exchanged hands as compared to its average daily volume of 51.1 million shares. The stock has ranged in price between $35.58-$36.15 after having opened the day at $35.66 as compared to the previous trading day's close of $35.67.

Microsoft Corporation develops, licenses, and supports software products and services; and designs and sells hardware worldwide. Microsoft Corporation has a market cap of $298.0 billion and is part of the computer software & services industry. Shares are up 33.6% year to date as of the close of trading on Friday. Currently there are 13 analysts that rate Microsoft Corporation a buy, no analysts rate it a sell, and 15 rate it a hold.

TheStreet Ratings rates Microsoft Corporation 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, increase in stock price during the past year, attractive valuation levels and expanding profit margins. 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 Microsoft 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.

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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