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.

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