Today's Stocks Driving Success For The Electronics Industry

TheStreet highlights 3 stocks pushing the electronics industry higher today.
By TheStreet Wire ,

All three major indices are trading up today with the

Dow Jones Industrial Average

(

^DJI

) trading up 104 points (0.6%) at 17,836 as of Friday, Nov. 20, 2015, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,952 issues advancing vs. 981 declining with 162 unchanged.

The Electronics industry currently sits up 0.8% versus the S&P 500, which is up 0.6%. Top gainers within the industry include

LG Display

(

LPL

), up 5.6%,

Intel

(

INTC

), up 1.7% and

Eaton

(

ETN

), up 1.2%.

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

3.

TE Connectivity

(

TEL

) is one of the companies pushing the Electronics industry higher today. As of noon trading, TE Connectivity is up $0.63 (0.9%) to $67.72 on light volume. Thus far, 479,505 shares of TE Connectivity exchanged hands as compared to its average daily volume of 2.5 million shares. The stock has ranged in price between $67.32-$67.80 after having opened the day at $67.45 as compared to the previous trading day's close of $67.09.

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TE Connectivity Ltd., together with its subsidiaries, designs and manufactures connectivity and sensors solutions. It operates through four segments: Transportation Solutions, Industrial Solutions, Network Solutions, and Consumer Solutions. TE Connectivity has a market cap of $25.8 billion and is part of the technology sector. Shares are up 6.1% year-to-date as of the close of trading on Thursday. Currently there are 6 analysts who rate TE Connectivity a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates

TE Connectivity

as a

buy

. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, largely solid financial position with reasonable debt levels by most measures, expanding profit margins, solid stock price performance and notable return on equity. We feel its strengths outweigh the fact that the company shows weak operating cash flow. Get the full

TE Connectivity Ratings Report

now.

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2. As of noon trading,

Taiwan Semiconductor Manufacturing

(

TSM

) is up $0.12 (0.6%) to $22.80 on light volume. Thus far, 2.1 million shares of Taiwan Semiconductor Manufacturing exchanged hands as compared to its average daily volume of 11.8 million shares. The stock has ranged in price between $22.71-$22.88 after having opened the day at $22.87 as compared to the previous trading day's close of $22.67.

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Taiwan Semiconductor Manufacturing Company Limited engages in the computer-aided design, manufacture, packaging, testing, sale, and marketing of integrated circuits and other semiconductor devices. Taiwan Semiconductor Manufacturing has a market cap of $116.8 billion and is part of the technology sector. Shares are up 1.3% year-to-date as of the close of trading on Thursday. Currently there are no analysts who rate Taiwan Semiconductor Manufacturing a buy, 2 analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates

Taiwan Semiconductor Manufacturing

as a

buy

. Among the primary strengths of the company is its solid stock price performance. We feel its strengths outweigh the fact that the company has had sub par growth in net income. Get the full

Taiwan Semiconductor Manufacturing Ratings Report

now.

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1. As of noon trading,

NVIDIA

(

NVDA

) is up $0.38 (1.2%) to $31.50 on light volume. Thus far, 2.5 million shares of NVIDIA exchanged hands as compared to its average daily volume of 9.4 million shares. The stock has ranged in price between $31.16-$31.57 after having opened the day at $31.35 as compared to the previous trading day's close of $31.12.

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NVIDIA Corporation operates as a visual computing company in the United States, Taiwan, China, the rest of Asia Pacific, Europe, and other Americas. The company operates through two segments, GPU and Tegra Processors. NVIDIA has a market cap of $16.7 billion and is part of the technology sector. Shares are up 55.2% year-to-date as of the close of trading on Thursday. Currently there are 10 analysts who rate NVIDIA a buy, 1 analyst rates it a sell, and 10 rate it a hold.

TheStreet Ratings rates

NVIDIA

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, reasonable valuation levels, solid stock price performance and increase in net income. We feel its strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full

NVIDIA 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 electronics industry could consider

iShares Dow Jones US Technology

(

IYW

) while those bearish on the electronics industry could consider

ProShares Ultra Short Semiconductor

(

SSG

).

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