Today's Stocks Driving Success For The Technology Sector

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.

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 108 points (0.7%) at 14,942 as of Wednesday, Sept. 4, 2013, 12:55 PM ET. The NYSE advances/declines ratio sits at 2,111 issues advancing vs. 816 declining with 96 unchanged.

The Technology sector currently sits up 1.1% versus the S&P 500, which is up 1.3%. Top gainers within the sector include Juniper Networks ( JNPR), up 5.5%, Wipro ( WIT), up 4.7%, Telefonica Brasil S.A ( VIV), up 3.3%, Adobe Systems ( ADBE), up 2.6% and Infosys ( INFY), up 2.5%. On the negative front, top decliners within the sector include Microsoft Corporation ( MSFT), down 2.0%, and Sap ( SAP), down 0.6%.

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

5. America Movil S.A.B. de C.V ( AMX) is one of the companies pushing the Technology sector higher today. As of noon trading, America Movil S.A.B. de C.V is up $0.30 (1.6%) to $19.54 on average volume. Thus far, 3.1 million shares of America Movil S.A.B. de C.V exchanged hands as compared to its average daily volume of 7.9 million shares. The stock has ranged in price between $19.21-$19.66 after having opened the day at $19.31 as compared to the previous trading day's close of $19.24.

America Movil, S.A.B. de C.V. provides telecommunications services in the United States, Latin America, and the Caribbean. It offers mobile and fixed voice services, including airtime, local, long-distance services, public telephony services, and network interconnection services. America Movil S.A.B. de C.V has a market cap of $73.2 billion and is part of the telecommunications industry. Shares are down 16.9% year to date as of the close of trading on Tuesday. Currently there are 2 analysts that rate America Movil S.A.B. de C.V a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates America Movil S.A.B. de C.V as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and a generally disappointing performance in the stock itself. Get the full America Movil S.A.B. de C.V 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, Texas Instruments ( TXN) is up $0.76 (2.0%) to $39.40 on light volume. Thus far, 2.3 million shares of Texas Instruments exchanged hands as compared to its average daily volume of 7.2 million shares. The stock has ranged in price between $38.52-$39.42 after having opened the day at $38.77 as compared to the previous trading day's close of $38.64.

Texas Instruments Incorporated engages in the design, manufacture, sale of semiconductors to electronics designers and manufacturers worldwide. The company operates in four segments: Analog, Embedded Processing, Wireless, and Other. Texas Instruments has a market cap of $42.3 billion and is part of the electronics industry. Shares are up 25.1% year to date as of the close of trading on Tuesday. Currently there are 9 analysts that rate Texas Instruments a buy, 4 analysts rate it a sell, and 20 rate it a hold.

TheStreet Ratings rates Texas Instruments as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, compelling growth in net income, notable return on equity, expanding profit margins and good cash flow from operations. 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 Texas Instruments 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, Micron Technology ( MU) is up $0.71 (5.1%) to $14.72 on heavy volume. Thus far, 90.7 million shares of Micron Technology exchanged hands as compared to its average daily volume of 42.0 million shares. The stock has ranged in price between $14.44-$15.26 after having opened the day at $14.97 as compared to the previous trading day's close of $14.01.

Micron Technology, Inc., together with its subsidiaries, engages in the manufacture and marketing of semiconductor devices worldwide. Micron Technology has a market cap of $14.1 billion and is part of the electronics industry. Shares are up 114.0% year to date as of the close of trading on Tuesday. Currently there are 13 analysts that rate Micron Technology a buy, 2 analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Micron Technology as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and compelling growth in net income. However, as a counter to these strengths, we find that we feel that the company's cash flow from its operations has been weak overall. Get the full Micron Technology 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, Cisco Systems ( CSCO) is up $0.38 (1.6%) to $23.86 on average volume. Thus far, 14.0 million shares of Cisco Systems exchanged hands as compared to its average daily volume of 35.4 million shares. The stock has ranged in price between $23.50-$23.92 after having opened the day at $23.52 as compared to the previous trading day's close of $23.48.

Cisco Systems, Inc. designs, manufactures, and sells Internet protocol (IP) based networking and other products related to the communications and information technology industries worldwide. Cisco Systems has a market cap of $124.6 billion and is part of the computer hardware industry. Shares are up 18.6% year to date as of the close of trading on Tuesday. Currently there are 22 analysts that rate Cisco Systems a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Cisco Systems 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, notable return on equity, attractive valuation levels and solid stock price performance. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Cisco Systems 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, Intel ( INTC) is up $0.65 (2.9%) to $22.72 on average volume. Thus far, 21.4 million shares of Intel exchanged hands as compared to its average daily volume of 39.6 million shares. The stock has ranged in price between $22.28-$22.78 after having opened the day at $22.38 as compared to the previous trading day's close of $22.07.

Intel Corporation designs, manufactures, and sells integrated digital technology platforms worldwide. The company operates through PC Client Group, Data Center Group, Other Intel Architecture, Software and Services, and All Other segments. Intel has a market cap of $109.5 billion and is part of the electronics industry. Shares are up 6.6% year to date as of the close of trading on Tuesday. Currently there are 10 analysts that rate Intel a buy, 5 analysts rate it a sell, and 19 rate it a hold.

TheStreet Ratings rates Intel as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. Get the full Intel 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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