4 Technology Stocks Pushing Sector Growth

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 down today with the Dow Jones Industrial Average ( ^DJI) trading down 39 points (-0.2%) at 16,431 as of Monday, Jan. 6, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,317 issues advancing vs. 1,618 declining with 151 unchanged.

The Technology sector currently sits down 0.4% versus the S&P 500, which is down 0.3%. A company within the sector that increased today was America Movil S.A.B. de C.V ( AMOV), up 1.0%. On the negative front, top decliners within the sector include First Solar ( FSLR), down 9.6%, Stratasys ( SSYS), down 5.1%, 3D Systems Corporation ( DDD), down 4.4%, eBay ( EBAY), down 3.0% and Wipro ( WIT), down 2.5%.

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 $0.47 (0.8%) to $63.17 on average volume. Thus far, 32,448 shares of BT Group exchanged hands as compared to its average daily volume of 70,900 shares. The stock has ranged in price between $63.05-$63.43 after having opened the day at $63.14 as compared to the previous trading day's close of $62.70.

BT Group plc provides communications services worldwide. It operates in four segments: BT Global Services, BT Retail, BT Wholesale, and Openreach. The BT Global Services segment offers managed networked IT and consulting services to large corporate and public sector customers. BT Group has a market cap of $49.3 billion and is part of the telecommunications industry. The company has a P/E ratio of 10.3, below the S&P 500 P/E ratio of 17.7. Shares are down 0.7% year to date as of the close of trading on Friday. Currently there are 5 analysts that rate BT Group a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates BT Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, solid stock price performance, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full BT Group Ratings Report now.

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3. As of noon trading, Youku Tudou Inc ADR repr Class A ( YOKU) is up $1.90 (6.0%) to $33.40 on average volume. Thus far, 2.6 million shares of Youku Tudou Inc ADR repr Class A exchanged hands as compared to its average daily volume of 3.8 million shares. The stock has ranged in price between $31.40-$33.60 after having opened the day at $31.81 as compared to the previous trading day's close of $31.50.

Youku Tudou Inc. operates as an Internet television company in the People's Republic of China. Its Internet television platform enables consumers to search, view, and share video content across various devices. Youku Tudou Inc ADR repr Class A has a market cap of $5.3 billion and is part of the internet industry. Currently there are 4 analysts that rate Youku Tudou Inc ADR repr Class A a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Youku Tudou Inc ADR repr 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 solid stock price performance. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity. Get the full Youku Tudou Inc ADR repr 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.

2. As of noon trading, Cisco Systems ( CSCO) is up $0.12 (0.5%) to $22.10 on light volume. Thus far, 14.3 million shares of Cisco Systems exchanged hands as compared to its average daily volume of 46.0 million shares. The stock has ranged in price between $21.93-$22.23 after having opened the day at $21.96 as compared to the previous trading day's close of $21.98.

Cisco Systems, Inc. designs, manufactures, and sells Internet protocol (IP) and other products related to the communications and information technology industry worldwide. Cisco Systems has a market cap of $117.6 billion and is part of the computer hardware industry. The company has a P/E ratio of 12.0, below the S&P 500 P/E ratio of 17.7. Shares are down 2.0% year to date as of the close of trading on Friday. Currently there are 19 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, attractive valuation levels, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company has had sub par growth in net income. 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, Facebook Inc Class A ( FB) is up $0.82 (1.5%) to $55.37 on light volume. Thus far, 27.0 million shares of Facebook Inc Class A exchanged hands as compared to its average daily volume of 76.0 million shares. The stock has ranged in price between $54.05-$55.46 after having opened the day at $54.42 as compared to the previous trading day's close of $54.56.

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 $102.9 billion and is part of the internet industry. The company has a P/E ratio of 133.4, above the S&P 500 P/E ratio of 17.7. Shares are down 0.2% year to date as of the close of trading on Friday. Currently there are 28 analysts that rate Facebook Inc Class A a buy, no analysts rate it a sell, and 3 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.

If you are interested in one of these 4 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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