5 Stocks Boosting The Technology Sector Higher

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

One out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 3 points (0.0%) at 15,545 as of Thursday, July 25, 2013, 12:49 PM ET. The NYSE advances/declines ratio sits at 1,346 issues advancing vs. 1,602 declining with 83 unchanged.

The Technology sector currently sits up 0.7% versus the S&P 500, which is unchanged. Top gainers within the sector include Qualcomm ( QCOM), up 2.9%, Salesforce.com ( CRM), up 2.4%, Telefonica ( TEF), up 2.3% and Taiwan Semiconductor Manufacturing ( TSM), up 0.6%. On the negative front, top decliners within the sector include Western Digital Corporation ( WDC), down 6.0%, Seagate Technology ( STX), down 4.5%, ABB ( ABB), down 3.1%, BT Group ( BT), down 2.0% and Microsoft Corporation ( MSFT), down 2.0%.

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

5. TripAdvisor ( TRIP) is one of the companies pushing the Technology sector higher today. As of noon trading, TripAdvisor is up $9.08 (14.8%) to $70.22 on heavy volume. Thus far, 3.7 million shares of TripAdvisor exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $68.71-$71.45 after having opened the day at $69.88 as compared to the previous trading day's close of $61.14.

TripAdvisor, Inc., an online travel company, provides trip advisory services. TripAdvisor has a market cap of $7.9 billion and is part of the internet industry. Shares are up 44.7% year to date as of the close of trading on Wednesday. Currently there are 7 analysts that rate TripAdvisor a buy, 2 analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates TripAdvisor as a hold. The company's strengths can be seen in multiple areas, such as its notable return on equity, good cash flow from operations and solid stock price performance. However, as a counter to these strengths, we find that the company has favored debt over equity in the management of its balance sheet. Get the full TripAdvisor 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.

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