4 Technology Stocks On The Rise

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.

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 79 points (-0.5%) at 15,419 as of Friday, Aug. 9, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,348 issues advancing vs. 1,561 declining with 117 unchanged.

The Technology sector currently sits up 0.1% versus the S&P 500, which is down 0.2%. Top gainers within the sector include CSR ( CSRE), up 181.4%, Telecom Italia SpA ( TI), up 2.4%, Baidu ( BIDU), up 2.2%, Telekomunikasi Indonesia (Persero) Tbk ( TLK), up 1.7% and American Tower ( AMT), up 1.9%. On the negative front, top decliners within the sector include America Movil S.A.B. de C.V ( AMX), down 5.7%, America Movil S.A.B. de C.V ( AMOV), down 5.2% and Hewlett-Packard ( HPQ), down 0.9%.

TheStreet would like to highlight 4 stocks pushing the sector higher today:

4. BT Group ( BT) is one of the companies pushing the Technology sector higher today. As of noon trading, BT Group is up $0.50 (1.0%) to $51.31 on average volume. Thus far, 51,534 shares of BT Group exchanged hands as compared to its average daily volume of 102,100 shares. The stock has ranged in price between $51.10-$51.51 after having opened the day at $51.24 as compared to the previous trading day's close of $50.81.

BT Group plc provides communications solutions and services worldwide. It operates in four segments: BT Global Services, BT Retail, BT Wholesale, and Openreach. The BT Global Services segment provides managed networked IT services to large corporate and public sector customers. BT Group has a market cap of $40.1 billion and is part of the telecommunications industry. Shares are up 33.7% year to date as of the close of trading on Thursday. Currently there are 4 analysts that rate BT Group a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates BT Group as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full BT Group Ratings Report now.

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