5 Stocks Pushing The Electronics Industry Higher

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 27 points (-0.2%) at 12,904 as of Thursday, Nov. 8, 2012, 11:49 AM ET. The NYSE advances/declines ratio sits at 1,218 issues advancing vs. 1,656 declining with 135 unchanged.

The Electronics industry currently sits down 0.1% versus the S&P 500, which is down 0.2%. Top gainers within the industry include Aeroflex ( ARX), up 17.9%, EZChip Semiconductor ( EZCH), up 15.2%, AU Optronics Corporation ( AUO), up 3.9%, Advanced Semiconductor Engineering ( ASX), up 3.0% and United Microelectronics ( UMC), up 1.4%. On the negative front, top decliners within the industry include Cirrus Logic ( CRUS), down 3.9%, Nationstar Mortgage Holdings ( NSM), down 2.4%, Atmel Corporation ( ATML), down 3.1%, STMicroelectronics ( STM), down 1.1% and Garmin ( GRMN), down 1.2%.

TheStreet Ratings group would like to highlight 5 stocks pushing the industry higher today:

5. Maxim Integrated Products ( MXIM) is one of the companies pushing the Electronics industry higher today. As of noon trading, Maxim Integrated Products is up $0.40 (1.4%) to $29.00 on light volume Thus far, 812,596 shares of Maxim Integrated Products exchanged hands as compared to its average daily volume of 2.4 million shares. The stock has ranged in price between $28.66-$29.09 after having opened the day at $29.09 as compared to the previous trading day's close of $28.60.

Maxim Integrated Products, Inc. engages in designing, developing, manufacturing, and marketing various linear and mixed-signal integrated circuits worldwide. The company also provides various high-frequency process technologies and capabilities for use in custom designs. Maxim Integrated Products has a market cap of $8.6 billion and is part of the technology sector. The company has a P/E ratio of 25.1, above the S&P 500 P/E ratio of 17.7. Shares are up 12.9% year to date as of the close of trading on Wednesday. Currently there are 11 analysts that rate Maxim Integrated Products a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Maxim Integrated Products 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, good cash flow from operations, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Maxim Integrated Products Ratings Report now.

4. As of noon trading, Linear Technology ( LLTC) is up $0.40 (1.2%) to $32.72 on average volume Thus far, 1.5 million shares of Linear Technology exchanged hands as compared to its average daily volume of 2.2 million shares. The stock has ranged in price between $32.59-$32.94 after having opened the day at $32.80 as compared to the previous trading day's close of $32.32.

Linear Technology Corporation, together with its subsidiaries, designs, manufactures, and markets various analog integrated circuits (ICs) worldwide. Linear Technology has a market cap of $7.8 billion and is part of the technology sector. The company has a P/E ratio of 19.8, above the S&P 500 P/E ratio of 17.7. Shares are up 10.5% year to date as of the close of trading on Wednesday. Currently there are 9 analysts that rate Linear Technology a buy, 3 analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Linear Technology as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, notable return on equity and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Linear Technology Ratings Report now.

3. As of noon trading, Xilinx ( XLNX) is up $0.25 (0.8%) to $34.18 on heavy volume Thus far, 2.2 million shares of Xilinx exchanged hands as compared to its average daily volume of 2.4 million shares. The stock has ranged in price between $33.74-$34.45 after having opened the day at $33.81 as compared to the previous trading day's close of $33.93.

Xilinx, Inc. designs, develops, and markets programmable platforms worldwide. Xilinx has a market cap of $8.9 billion and is part of the technology sector. The company has a P/E ratio of 18.4, above the S&P 500 P/E ratio of 17.7. Shares are up 6.2% year to date as of the close of trading on Wednesday. Currently there are 8 analysts that rate Xilinx a buy, no analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates Xilinx as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins, largely solid financial position with reasonable debt levels by most measures, notable return on equity and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. Get the full Xilinx Ratings Report now.

2. As of noon trading, Mellanox Technologies ( MLNX) is up $1.71 (2.1%) to $84.11 on light volume Thus far, 208,019 shares of Mellanox Technologies exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $81.67-$84.89 after having opened the day at $82.79 as compared to the previous trading day's close of $82.40.

Mellanox technologies, Ltd., a fabless semiconductor company, produces and supplies interconnect products for computing, storage, and communication applications in the computing, Web 2.0, storage, financial services, database, and cloud markets. Mellanox Technologies has a market cap of $3.6 billion and is part of the technology sector. The company has a P/E ratio of 27.8, above the S&P 500 P/E ratio of 17.7. Shares are up 162.0% year to date as of the close of trading on Wednesday. Currently there are 5 analysts that rate Mellanox Technologies a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Mellanox Technologies as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. Get the full Mellanox Technologies Ratings Report now.

1. As of noon trading, NVIDIA Corporation ( NVDA) is up $0.16 (1.3%) to $12.77 on average volume Thus far, 5.5 million shares of NVIDIA Corporation exchanged hands as compared to its average daily volume of 10.1 million shares. The stock has ranged in price between $12.68-$12.98 after having opened the day at $12.75 as compared to the previous trading day's close of $12.61.

NVIDIA Corporation provides graphics chips for use in smartphones, personal computers (PC), tablets, and professional workstations markets worldwide. It operates in three segments: Graphic Processing Unit (GPU), Professional Solutions Business (PSB), and Consumer Products Business (CPB). NVIDIA Corporation has a market cap of $8.1 billion and is part of the technology sector. The company has a P/E ratio of 17.1, below the S&P 500 P/E ratio of 17.7. Shares are down 6.1% year to date as of the close of trading on Wednesday. Currently there are 10 analysts that rate NVIDIA Corporation a buy, 1 analyst rates it a sell, and 19 rate it a hold.

TheStreet Ratings rates NVIDIA Corporation 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, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full NVIDIA Corporation Ratings Report now.

If you are interested in one of these 5 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).

A reminder about TheStreet Ratings group: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

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