Today's Stocks Driving Success For The Technology Sector

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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.

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