3 Stocks Boosting The Technology Sector Higher

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.

One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading up 27 points (0.2%) at 17,793 as of Tuesday, June 9, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,256 issues advancing vs. 1,750 declining with 142 unchanged.

The Technology sector currently sits down 0.5% versus the S&P 500, which is up 0.1%. Top gainers within the sector include Taiwan Semiconductor Manufacturing ( TSM), up 0.8%, Texas Instruments ( TXN), up 0.6% and Intel ( INTC), up 0.5%. On the negative front, top decliners within the sector include Micron Technology ( MU), down 3.0%, Wipro ( WIT), down 2.6%, China Unicom (Hong Kong ( CHU), down 2.5%, China Telecom ( CHA), down 2.6% and Telecom Italia SpA ( TI), down 1.9%.

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

3. BT Group ( BT) is one of the companies pushing the Technology sector higher today. As of noon trading, BT Group is up $0.36 (0.5%) to $67.73 on average volume. Thus far, 71,536 shares of BT Group exchanged hands as compared to its average daily volume of 136,700 shares. The stock has ranged in price between $67.31-$67.99 after having opened the day at $67.83 as compared to the previous trading day's close of $67.37.

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BT Group plc provides communications services worldwide. BT Group has a market cap of $56.3 billion and is part of the telecommunications industry. Shares are up 8.4% year-to-date as of the close of trading on Monday. Currently there are 4 analysts who 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 notable return on equity, expanding profit margins and increase in stock price during the past year. We feel its strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full BT Group Ratings Report now.

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2. As of noon trading, Nippon Telegraph & Telephone ( NTT) is up $0.33 (1.0%) to $34.81 on light volume. Thus far, 81,528 shares of Nippon Telegraph & Telephone exchanged hands as compared to its average daily volume of 293,200 shares. The stock has ranged in price between $34.69-$34.87 after having opened the day at $34.83 as compared to the previous trading day's close of $34.48.

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Nippon Telegraph and Telephone Corporation, together with its subsidiaries, provides fixed and mobile voice related services, IP/packet communications services, telecommunications equipment, and system integration and other telecommunications-related services in Japan. Nippon Telegraph & Telephone has a market cap of $73.6 billion and is part of the telecommunications industry. Shares are up 34.6% year-to-date as of the close of trading on Monday. Currently there is 1 analyst who rates Nippon Telegraph & Telephone a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Nippon Telegraph & Telephone as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, good cash flow from operations, solid stock price performance and expanding profit margins. We feel its strengths outweigh the fact that the company has had sub par growth in net income. Get the full Nippon Telegraph & Telephone Ratings Report now.

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1. As of noon trading, LinkedIn ( LNKD) is up $5.96 (2.8%) to $218.00 on average volume. Thus far, 1.1 million shares of LinkedIn exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $211.66-$218.00 after having opened the day at $212.41 as compared to the previous trading day's close of $212.04.

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LinkedIn Corporation, together with its subsidiaries, operates an online professional network worldwide. LinkedIn has a market cap of $23.6 billion and is part of the internet industry. Shares are down 7.7% year-to-date as of the close of trading on Monday. Currently there are 19 analysts who rate LinkedIn a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates LinkedIn as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and feeble growth in the company's earnings per share. Get the full LinkedIn Ratings Report now.

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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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