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

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 19 points (-0.1%) at 13,006 as of Monday, Dec. 3, 2012, 11:50 AM ET. The NYSE advances/declines ratio sits at 1,239 issues advancing vs. 1,655 declining with 129 unchanged.

The Electronics industry currently sits up 0.2% versus the S&P 500, which is down 0.1%. Top gainers within the industry include Geospace Technologies ( GEOS), up 24.6%, Nam Tai Electronics ( NTE), up 8.7% and AU Optronics Corporation ( AUO), up 6.3%. On the negative front, top decliners within the industry include Mellanox Technologies ( MLNX), down 4.1%, Kyocera Corporation ( KYO), down 1.9% and STMicroelectronics ( STM), down 1.2%.

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

5. Garmin ( GRMN) is one of the companies pushing the Electronics industry higher today. As of noon trading, Garmin is up $0.48 (1.2%) to $39.37 on light volume Thus far, 312,496 shares of Garmin exchanged hands as compared to its average daily volume of 891,100 shares. The stock has ranged in price between $38.71-$39.47 after having opened the day at $39.39 as compared to the previous trading day's close of $38.89.

Garmin Ltd., together with its subsidiaries, designs, develops, manufactures, and markets global positioning system (GPS) enabled products and other navigation, communication, and information products for the automotive/mobile, outdoor, fitness, marine, and general aviation markets worldwide. Garmin has a market cap of $8.1 billion and is part of the technology sector. The company has a P/E ratio of 13.1, below the S&P 500 P/E ratio of 17.7. Shares are down 2.6% year to date as of the close of trading on Friday. Currently there are 4 analysts that rate Garmin a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Garmin 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, expanding profit margins 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 Garmin Ratings Report now.

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4. As of noon trading, Advanced Micro Devices ( AMD) is up $0.18 (8.2%) to $2.38 on heavy volume Thus far, 33.1 million shares of Advanced Micro Devices exchanged hands as compared to its average daily volume of 29.9 million shares. The stock has ranged in price between $2.26-$2.38 after having opened the day at $2.28 as compared to the previous trading day's close of $2.20.

Advanced Micro Devices, Inc. operates as a semiconductor company worldwide. The company designs, develops, and sells microprocessor products, such as central processing unit (CPU) and accelerated processing unit (APU) for servers, desktop personal computers (PCs), and mobile devices. Advanced Micro Devices has a market cap of $1.5 billion and is part of the technology sector. Shares are down 59.3% year to date as of the close of trading on Friday. Currently there are 4 analysts that rate Advanced Micro Devices a buy, 4 analysts rate it a sell, and 16 rate it a hold.

TheStreet Ratings rates Advanced Micro Devices as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, weak operating cash flow, generally high debt management risk and generally disappointing historical performance in the stock itself. Get the full Advanced Micro Devices Ratings Report now.

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3. As of noon trading, ASML ( ASML) is up $0.38 (0.6%) to $62.95 on average volume Thus far, 1.6 million shares of ASML exchanged hands as compared to its average daily volume of 3.5 million shares. The stock has ranged in price between $62.83-$63.21 after having opened the day at $63.02 as compared to the previous trading day's close of $62.57.

ASML Holding N.V., through its subsidiaries, engages in designing, manufacturing, marketing, and servicing semiconductor processing equipment used in the fabrication of integrated circuits. ASML has a market cap of $30.3 billion and is part of the technology sector. The company has a P/E ratio of 80.1, above the S&P 500 P/E ratio of 17.7. Shares are up 15.3% year to date as of the close of trading on Friday. Currently there are 7 analysts that rate ASML a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates ASML as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, 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 ASML Ratings Report now.

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2. As of noon trading, Broadcom Corporation ( BRCM) is up $0.16 (0.5%) to $32.54 on light volume Thus far, 2.4 million shares of Broadcom Corporation exchanged hands as compared to its average daily volume of 7.1 million shares. The stock has ranged in price between $32.38-$32.81 after having opened the day at $32.74 as compared to the previous trading day's close of $32.38.

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 $16.6 billion and is part of the technology sector. The company has a P/E ratio of 20.3, 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 Friday. Currently there are 32 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 sub par growth in net income. Get the full Broadcom Corporation Ratings Report now.

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1. As of noon trading, Texas Instruments ( TXN) is up $0.26 (0.9%) to $29.73 on light volume Thus far, 2.4 million shares of Texas Instruments exchanged hands as compared to its average daily volume of 9.3 million shares. The stock has ranged in price between $29.57-$29.85 after having opened the day at $29.76 as compared to the previous trading day's close of $29.47.

Texas Instruments Incorporated engages in the design and sale of semiconductors to electronics designers and manufacturers worldwide. Texas Instruments has a market cap of $33.7 billion and is part of the technology sector. The company has a P/E ratio of 19.6, above the S&P 500 P/E ratio of 17.7. Shares are up 1.2% year to date as of the close of trading on Friday. Currently there are 9 analysts that rate Texas Instruments a buy, 5 analysts rate it a sell, and 20 rate it a hold.

TheStreet Ratings rates Texas Instruments as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, expanding profit margins, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and notable return on equity. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Texas Instruments Ratings Report now.

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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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