3 Stocks Advancing 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.

One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading up 34 points (0.2%) at 17,646 as of Thursday, Nov. 13, 2014, 12:00 PM ET. The NYSE advances/declines ratio sits at 1,160 issues advancing vs. 1,783 declining with 183 unchanged.

The Technology sector currently sits down 0.5% versus the S&P 500, which is down 0.1%. Top gainers within the sector include Cisco Systems ( CSCO), up 2.3%, Broadcom ( BRCM), up 2.0%, Nokia Oyj ( NOK), up 2.2%, LM Ericsson Telephone Company ( ERIC), up 1.9% and China Telecom ( CHA), up 1.7%. On the negative front, top decliners within the sector include Baidu ( BIDU), down 1.8%, Salesforce.com ( CRM), down 1.4% and Emerson Electric ( EMR), down 1.0%.

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

3. SanDisk ( SNDK) is one of the companies pushing the Technology sector higher today. As of noon trading, SanDisk is up $1.74 (1.9%) to $94.58 on average volume. Thus far, 1.4 million shares of SanDisk exchanged hands as compared to its average daily volume of 3.6 million shares. The stock has ranged in price between $94.39-$95.94 after having opened the day at $94.99 as compared to the previous trading day's close of $92.83.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

SanDisk Corporation designs, develops, manufactures, and markets data storage products that are used in various consumer electronics products. SanDisk has a market cap of $20.4 billion and is part of the computer hardware industry. Shares are up 31.6% year-to-date as of the close of trading on Wednesday. Currently there are 18 analysts who rate SanDisk a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates SanDisk 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, solid stock price performance 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 SanDisk Ratings Report now.

STOCKS TO BUY: 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, Oracle Corporation ( ORCL) is up $0.34 (0.8%) to $40.48 on light volume. Thus far, 3.3 million shares of Oracle Corporation exchanged hands as compared to its average daily volume of 15.4 million shares. The stock has ranged in price between $39.89-$40.60 after having opened the day at $40.12 as compared to the previous trading day's close of $40.14.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Oracle Corporation develops, manufactures, markets, hosts, and supports database and middleware software, application software, cloud infrastructure, hardware systems, and related services worldwide. Oracle Corporation has a market cap of $179.3 billion and is part of the computer software & services industry. Shares are up 4.9% year-to-date as of the close of trading on Wednesday. Currently there are 15 analysts who rate Oracle Corporation a buy, 1 analyst rates it a sell, and 8 rate it a hold.

TheStreet Ratings rates Oracle Corporation as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, reasonable valuation levels, expanding profit margins and growth in earnings per share. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Oracle Corporation Ratings Report now.

STOCKS TO BUY: 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 $1.60 (1.4%) to $112.85 on average volume. Thus far, 29.9 million shares of Apple exchanged hands as compared to its average daily volume of 59.5 million shares. The stock has ranged in price between $111.60-$113.45 after having opened the day at $111.80 as compared to the previous trading day's close of $111.25.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Apple Inc. designs, manufactures, and markets mobile communication and media devices, personal computers, and portable digital music players worldwide. The company also sells related software, services, accessories, networking solutions, and third-party digital content and applications. Apple has a market cap of $643.4 billion and is part of the consumer durables industry. Shares are up 38.8% year-to-date as of the close of trading on Wednesday. Currently there are 27 analysts who rate Apple a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Apple as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, revenue growth, notable return on equity and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Apple Ratings Report now.

STOCKS TO BUY: 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).

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