Today's Top Performers In Technology

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 15 points (0.1%) at 16,035 as of Monday, Dec. 9, 2013, 11:45 AM ET. The NYSE advances/declines ratio sits at 1,480 issues advancing vs. 1,397 declining with 175 unchanged.

The Technology sector currently sits down 0.2% versus the S&P 500, which is up 0.3%. Top gainers within the sector include Micron Technology ( MU), up 4.3%, America Movil S.A.B. de C.V ( AMX), up 2.6%, Nokia Oyj ( NOK), up 2.2%, Mobile Telesystems OJSC ( MBT), up 2.0% and Thomson Reuters Corporation ( TRI), up 1.2%. On the negative front, top decliners within the sector include China Telecom ( CHA), down 0.8%, and Amazon.com ( AMZN), down 0.6%.

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

5. Baidu ( BIDU) is one of the companies pushing the Technology sector higher today. As of noon trading, Baidu is up $3.32 (2.0%) to $172.03 on average volume. Thus far, 2.3 million shares of Baidu exchanged hands as compared to its average daily volume of 3.8 million shares. The stock has ranged in price between $167.01-$173.65 after having opened the day at $169.11 as compared to the previous trading day's close of $168.71.

Baidu, Inc. provides Chinese language Internet search services. It also offers a Chinese language search platform for businesses to reach their customers. Baidu has a market cap of $58.5 billion and is part of the internet industry. The company has a P/E ratio of 31.6, above the S&P 500 P/E ratio of 17.7. Shares are up 68.2% year to date as of the close of trading on Friday. Currently there are 10 analysts that rate Baidu a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Baidu as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, growth in earnings per share, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Baidu 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, Microsoft Corporation ( MSFT) is up $0.30 (0.8%) to $38.66 on light volume. Thus far, 11.1 million shares of Microsoft Corporation exchanged hands as compared to its average daily volume of 44.9 million shares. The stock has ranged in price between $38.37-$38.80 after having opened the day at $38.56 as compared to the previous trading day's close of $38.36.

Microsoft Corporation (Microsoft) develops, licenses, and supports software, services, and hardware devices worldwide. Microsoft Corporation has a market cap of $317.2 billion and is part of the computer software & services industry. The company has a P/E ratio of 14.2, below the S&P 500 P/E ratio of 17.7. Shares are up 42.3% year to date as of the close of trading on Friday. Currently there are 9 analysts that rate Microsoft Corporation a buy, 1 analyst rates it a sell, and 14 rate it a hold.

TheStreet Ratings rates Microsoft Corporation 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. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Microsoft Corporation 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, Google ( GOOG) is up $10.53 (1.0%) to $1,080.40 on average volume. Thus far, 692,991 shares of Google exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $1,068.02-$1,082.31 after having opened the day at $1,070.99 as compared to the previous trading day's close of $1,069.87.

Google Inc., a technology company, builds products and provides services to organize the information and make it universally accessible and useful. Google has a market cap of $292.6 billion and is part of the internet industry. The company has a P/E ratio of 30.4, above the S&P 500 P/E ratio of 17.7. Shares are up 49.5% year to date as of the close of trading on Friday. Currently there are 22 analysts that rate Google a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Google 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, solid stock price performance, growth in earnings per share and compelling growth in net income. 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 Google 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, Facebook Inc Class A ( FB) is up $0.48 (1.0%) to $48.42 on light volume. Thus far, 16.3 million shares of Facebook Inc Class A exchanged hands as compared to its average daily volume of 77.8 million shares. The stock has ranged in price between $47.74-$48.55 after having opened the day at $48.09 as compared to the previous trading day's close of $47.94.

Facebook, Inc. operates as a social networking company worldwide. It builds various tools that enable users to connect, share, discover, and communicate with each other on mobile devices and computers. Facebook Inc Class A has a market cap of $90.6 billion and is part of the internet industry. The company has a P/E ratio of 117.9, above the S&P 500 P/E ratio of 17.7. Shares are up 80.1% year to date as of the close of trading on Friday. Currently there are 27 analysts that rate Facebook Inc Class A a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Facebook Inc Class A as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and impressive record of earnings per share growth. However, as a counter to these strengths, we find that the company's return on equity has been disappointing. Get the full Facebook Inc Class A 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, Apple ( AAPL) is up $8.05 (1.4%) to $568.07 on average volume. Thus far, 5.6 million shares of Apple exchanged hands as compared to its average daily volume of 12.6 million shares. The stock has ranged in price between $560.90-$568.95 after having opened the day at $560.90 as compared to the previous trading day's close of $560.02.

Apple Inc. and its wholly-owned subsidiaries design, manufacture, and market mobile communication and media devices, personal computers, and portable digital music players worldwide. Apple has a market cap of $511.0 billion and is part of the consumer durables industry. The company has a P/E ratio of 14.3, below the S&P 500 P/E ratio of 17.7. Shares are up 5.2% year to date as of the close of trading on Friday. Currently there are 32 analysts that rate Apple a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Apple 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, good cash flow from operations, increase in stock price during the past year and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Apple 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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