3 Stocks Raising 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.

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 54 points (0.3%) at 18,054 as of Thursday, June 11, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,776 issues advancing vs. 1,216 declining with 167 unchanged.

The Technology sector currently is unchanged today versus the S&P 500, which is up 0.2%. Top gainers within the sector include Citrix Systems ( CTXS), up 6.8%, Qihoo 360 Technology ( QIHU), up 4.2%, Fidelity National Information Services ( FIS), up 2.7%, Baidu ( BIDU), up 1.5% and Cerner ( CERN), up 1.2%. On the negative front, top decliners within the sector include Criteo ( CRTO), down 12.6%, 58.com ( WUBA), down 5.2%, CommScope ( COMM), down 4.6%, Wipro ( WIT), down 2.6% and Yahoo ( YHOO), down 2.6%.

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

3. EMC ( EMC) is one of the companies pushing the Technology sector higher today. As of noon trading, EMC is up $0.42 (1.5%) to $27.42 on average volume. Thus far, 6.4 million shares of EMC exchanged hands as compared to its average daily volume of 15.2 million shares. The stock has ranged in price between $27.02-$27.46 after having opened the day at $27.11 as compared to the previous trading day's close of $27.00.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

EMC Corporation develops, delivers, and supports information infrastructure and virtual infrastructure technologies, solutions, and services. EMC has a market cap of $51.9 billion and is part of the computer hardware industry. Shares are down 9.2% year-to-date as of the close of trading on Wednesday. Currently there are 18 analysts who rate EMC a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates EMC as a hold. 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 and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, weak operating cash flow and relatively poor performance when compared with the S&P 500 during the past year. Get the full EMC Ratings Report now.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

2. As of noon trading, Cisco Systems ( CSCO) is up $0.26 (0.9%) to $28.92 on average volume. Thus far, 13.4 million shares of Cisco Systems exchanged hands as compared to its average daily volume of 25.0 million shares. The stock has ranged in price between $28.75-$29.22 after having opened the day at $28.75 as compared to the previous trading day's close of $28.66.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol (IP) based networking products and services related to the communications and information technology industry worldwide. Cisco Systems has a market cap of $143.6 billion and is part of the computer hardware industry. Shares are up 3.0% year-to-date as of the close of trading on Wednesday. Currently there are 19 analysts who rate Cisco Systems a buy, 1 analyst rates it a sell, and 6 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, solid stock price performance, notable return on equity, reasonable valuation levels and increase in net income. We feel its strengths outweigh the fact that the company shows weak operating cash flow. Get the full Cisco Systems Ratings Report now.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

1. As of noon trading, AT&T ( T) is up $0.20 (0.6%) to $34.92 on light volume. Thus far, 10.6 million shares of AT&T exchanged hands as compared to its average daily volume of 30.0 million shares. The stock has ranged in price between $34.78-$34.95 after having opened the day at $34.82 as compared to the previous trading day's close of $34.72.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

AT&T Inc. provides telecommunications services in the United States and internationally. The company operates through two segments, Wireless and Wireline. AT&T has a market cap of $179.2 billion and is part of the telecommunications industry. Shares are up 3.4% year-to-date as of the close of trading on Wednesday. Currently there are 8 analysts who rate AT&T a buy, no analysts rate it a sell, and 14 rate it a hold.

TheStreet Ratings rates AT&T as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth and expanding profit margins. We feel its strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full AT&T Ratings Report now.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

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).

More from Markets

Stocks Slide on Renewed Trade War Concerns

Stocks Slide on Renewed Trade War Concerns

PTC Shares Skyrocket on Positive Data for Spinal Muscular Atrophy Drug

PTC Shares Skyrocket on Positive Data for Spinal Muscular Atrophy Drug

Tesla Slumps After Mary McCormack Tweets Husband's Flaming Model S

Tesla Slumps After Mary McCormack Tweets Husband's Flaming Model S

Stocks Dive Globally as U.S.-China Trade War Intensifies

Stocks Dive Globally as U.S.-China Trade War Intensifies

China Trade War, Google, JD.com, Tesla, Brooks Koepka - 5 Things You Must Know

China Trade War, Google, JD.com, Tesla, Brooks Koepka - 5 Things You Must Know