Today's Stocks Driving Success For 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.

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 104 points (0.6%) at 17,895 as of Tuesday, June 16, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,771 issues advancing vs. 1,197 declining with 176 unchanged.

The Technology sector currently sits up 0.3% versus the S&P 500, which is up 0.4%. Top gainers within the sector include Hanwha Q CELLS ( HQCL), up 4.6%, Qorvo ( QRVO), up 3.1%, Telekomunikasi Indonesia (Persero) Tbk ( TLK), up 2.7%, Corning ( GLW), up 2.2% and Vipshop Holdings Ltd ADR A ( VIPS), up 2.0%. On the negative front, top decliners within the sector include BT Group ( BT), down 1.5%, China Unicom (Hong Kong ( CHU), down 0.8%, Qualcomm ( QCOM), down 0.7%, Avago Technologies ( AVGO), down 0.6% and Nippon Telegraph & Telephone ( NTT), down 0.5%.

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

3. Intel ( INTC) is one of the companies pushing the Technology sector higher today. As of noon trading, Intel is up $0.26 (0.8%) to $31.65 on light volume. Thus far, 10.1 million shares of Intel exchanged hands as compared to its average daily volume of 30.2 million shares. The stock has ranged in price between $31.13-$31.70 after having opened the day at $31.26 as compared to the previous trading day's close of $31.39.

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Intel Corporation designs, manufactures, and sells integrated digital technology platforms worldwide. It operates through PC Client Group, Data Center Group, Internet of Things Group, Mobile and Communications Group, Software and Services, and All Other segments. Intel has a market cap of $148.6 billion and is part of the electronics industry. Shares are down 13.7% year-to-date as of the close of trading on Monday. Currently there are 19 analysts who rate Intel a buy, 5 analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Intel 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, notable return on equity, reasonable valuation levels and solid stock price performance. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Intel Ratings Report now.

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