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 27 points (-0.2%) at 16,879 as of Thursday, June 19, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,678 issues advancing vs. 1,278 declining with 191 unchanged.

The Technology sector currently sits down 0.2% versus the S&P 500, which is down 0.1%. Top gainers within the sector include IHS ( IHS), up 3.6%, Red Hat ( RHT), up 2.8%, Nippon Telegraph & Telephone ( NTT), up 2.1%, LG Display ( LPL), up 2.0% and BT Group ( BT), up 1.5%. On the negative front, top decliners within the sector include NVIDIA ( NVDA), down 2.5%, Amazon.com ( AMZN), down 1.8%, Broadcom ( BRCM), down 1.2%, Micron Technology ( MU), down 1.0% and Baidu ( BIDU), down 1.0%.

TheStreet would like to highlight 3 stocks pushing the sector higher today:

3. SK Telecom ( SKM) is one of the companies pushing the Technology sector higher today. As of noon trading, SK Telecom is up $0.65 (2.5%) to $26.33 on average volume. Thus far, 622,806 shares of SK Telecom exchanged hands as compared to its average daily volume of 835,000 shares. The stock has ranged in price between $26.33-$26.55 after having opened the day at $26.50 as compared to the previous trading day's close of $25.68.

SK Telecom Co., Ltd. provides wireless telecommunications services in Korea. SK Telecom has a market cap of $16.0 billion and is part of the telecommunications industry. Shares are up 4.3% year-to-date as of the close of trading on Wednesday. Currently there is 1 analyst who rates SK Telecom a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates SK Telecom as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, largely solid financial position with reasonable debt levels by most measures, expanding profit margins, increase in stock price during the past year 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 SK Telecom 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, VimpelCom ( VIP) is up $0.20 (2.4%) to $8.67 on light volume. Thus far, 1.0 million shares of VimpelCom exchanged hands as compared to its average daily volume of 3.0 million shares. The stock has ranged in price between $8.51-$8.69 after having opened the day at $8.51 as compared to the previous trading day's close of $8.47.

VimpelCom Ltd., a telecommunications service operator, provides voice and data services through a range of traditional and broadband mobile and fixed technologies. It operates in five segments: Russia, Italy, Africa & Asia, Ukraine, and the Commonwealth of Independent States. VimpelCom has a market cap of $14.7 billion and is part of the telecommunications industry. Shares are down 34.5% year-to-date as of the close of trading on Wednesday. Currently there are 2 analysts who rate VimpelCom a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates VimpelCom as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, generally high debt management risk, disappointing return on equity, weak operating cash flow and generally disappointing historical performance in the stock itself. Get the full VimpelCom 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, BlackBerry ( BBRY) is up $0.97 (11.7%) to $9.26 on heavy volume. Thus far, 54.1 million shares of BlackBerry exchanged hands as compared to its average daily volume of 12.0 million shares. The stock has ranged in price between $9.13-$9.52 after having opened the day at $9.27 as compared to the previous trading day's close of $8.29.

BlackBerry Limited provides wireless communications solutions worldwide. BlackBerry has a market cap of $4.2 billion and is part of the telecommunications industry. Shares are up 11.4% year-to-date as of the close of trading on Wednesday. Currently there is 1 analyst who rates BlackBerry a buy, 6 analysts rate it a sell, and 20 rate it a hold.

TheStreet Ratings rates BlackBerry as a sell. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, disappointing return on equity, weak operating cash flow and generally disappointing historical performance in the stock itself. Get the full BlackBerry 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 3 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).

null