4 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 89 points (-0.7%) at 12,919 as of Monday, Nov. 26, 2012, 11:49 AM ET. The NYSE advances/declines ratio sits at 886 issues advancing vs. 2,023 declining with 120 unchanged.

The Electronics industry currently sits up 0.2% versus the S&P 500, which is down 0.7%. A company within the industry that increased today was OYO Geospace Corporation ( OYOG), up 18.2%.

TheStreet Ratings group would like to highlight 4 stocks pushing the industry higher today:

4. Geospace Technologies ( GEOS) is one of the companies pushing the Electronics industry higher today. As of noon trading, Geospace Technologies is up $11.16 (18.2%) to $72.37 on average volume Thus far, 54,385 shares of Geospace Technologies exchanged hands as compared to its average daily volume of 97,200 shares. The stock has ranged in price between $71.32-$73.52 after having opened the day at $72.75 as compared to the previous trading day's close of $61.20.

Geospace Technologies Corporation engages in the design and manufacture of instruments and equipment used in the acquisition and processing of seismic data; and characterization and monitoring of producing oil and gas reservoirs. Geospace Technologies has a market cap of $924.9 million and is part of the technology sector. The company has a P/E ratio of 22.8, above the S&P 500 P/E ratio of 17.7. Shares are up 87.6% year to date as of the close of trading on Friday. Currently there are 5 analysts that rate Geospace Technologies a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Geospace Technologies 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, solid stock price performance, growth in earnings per share and increase in net income. 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 Geospace Technologies Ratings Report now.

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3. As of noon trading, Avago Technologies ( AVGO) is up $0.46 (1.4%) to $34.01 on light volume Thus far, 617,842 shares of Avago Technologies exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $33.41-$34.24 after having opened the day at $33.75 as compared to the previous trading day's close of $33.55.

Avago Technologies Limited engages in the design, development, and supply of analog semiconductor devices with a focus on III-V based products. Avago Technologies has a market cap of $8.0 billion and is part of the technology sector. The company has a P/E ratio of 14.7, below the S&P 500 P/E ratio of 17.7. Shares are up 16.3% year to date as of the close of trading on Friday. Currently there are 11 analysts that rate Avago Technologies a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Avago Technologies 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, increase in net income, growth in earnings per share and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Avago Technologies Ratings Report now.

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2. As of noon trading, NVIDIA Corporation ( NVDA) is up $0.19 (1.6%) to $12.09 on light volume Thus far, 3.7 million shares of NVIDIA Corporation exchanged hands as compared to its average daily volume of 10.9 million shares. The stock has ranged in price between $11.90-$12.14 after having opened the day at $11.92 as compared to the previous trading day's close of $11.90.

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 $7.4 billion and is part of the technology sector. The company has a P/E ratio of 14.8, below the S&P 500 P/E ratio of 17.7. Shares are down 14.7% year to date as of the close of trading on Friday. Currently there are 9 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 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 attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, weak operating cash flow and a generally disappointing performance in the stock itself. Get the full NVIDIA Corporation Ratings Report now.

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1. As of noon trading, Broadcom Corporation ( BRCM) is up $0.44 (1.4%) to $32.02 on average volume Thus far, 3.2 million shares of Broadcom Corporation exchanged hands as compared to its average daily volume of 7.0 million shares. The stock has ranged in price between $31.60-$32.16 after having opened the day at $31.72 as compared to the previous trading day's close of $31.58.

Broadcom Corporation designs and develops semiconductor solutions for wired and wireless communications. It provides a portfolio of system-on-a-chip (SoC) and software solutions. Broadcom Corporation has a market cap of $16.0 billion and is part of the technology sector. The company has a P/E ratio of 19.5, 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 Friday. Currently there are 33 analysts that rate Broadcom Corporation a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Broadcom 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, good cash flow from operations, expanding profit margins and reasonable valuation levels. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Broadcom Corporation Ratings Report now.

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If you are interested in one of these 4 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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