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 up today with the Dow Jones Industrial Average ( ^DJI) trading up 83 points (0.6%) at 13,218 as of Monday, Dec. 17, 2012, 11:50 AM ET. The NYSE advances/declines ratio sits at 1,993 issues advancing vs. 968 declining with 126 unchanged.

The Electronics industry currently sits up 0.2% versus the S&P 500, which is up 0.9%. Top gainers within the industry include Geospace Technologies ( GEOS), up 29.2%, Dolby Laboratories ( DLB), up 6.3%, Cirrus Logic ( CRUS), up 4.3%, Cepheid ( CPHD), up 2.9% and AU Optronics Corporation ( AUO), up 2.4%. On the negative front, top decliners within the industry include Cubic Corporation ( CUB), down 3.6%, Micron Technology ( MU), down 1.8% and Advanced Semiconductor Engineering ( ASX), down 0.7%.

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

5. NXP Semiconductor ( NXPI) is one of the companies pushing the Electronics industry higher today. As of noon trading, NXP Semiconductor is up $0.76 (3.1%) to $25.26 on light volume Thus far, 175,711 shares of NXP Semiconductor exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $24.50-$25.36 after having opened the day at $24.57 as compared to the previous trading day's close of $24.50.

NXP Semiconductors N.V., through its subsidiary, NXP B.V., provides mixed signal solutions and standard products worldwide. NXP Semiconductor has a market cap of $6.3 billion and is part of the technology sector. Shares are up 59.4% year to date as of the close of trading on Friday. Currently there are 7 analysts that rate NXP Semiconductor a buy, no analysts rate it a sell, and 2 rate it a hold.

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

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4. As of noon trading, Amphenol ( APH) is up $0.78 (1.2%) to $63.32 on light volume Thus far, 88,681 shares of Amphenol exchanged hands as compared to its average daily volume of 696,100 shares. The stock has ranged in price between $62.48-$63.32 after having opened the day at $62.72 as compared to the previous trading day's close of $62.54.

Amphenol Corporation designs, manufactures, and markets electrical, electronic, and fiber optic connectors; interconnect systems; and coaxial and specialty cables worldwide. Amphenol has a market cap of $10.0 billion and is part of the technology sector. The company has a P/E ratio of 19.4, above the S&P 500 P/E ratio of 17.7. Shares are up 37.9% year to date as of the close of trading on Friday. Currently there are 7 analysts that rate Amphenol a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Amphenol as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, increase in net income and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Amphenol Ratings Report now.

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3. As of noon trading, Garmin ( GRMN) is up $0.27 (0.7%) to $40.95 on average volume Thus far, 641,275 shares of Garmin exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $40.70-$41.06 after having opened the day at $40.70 as compared to the previous trading day's close of $40.68.

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 $8.6 billion and is part of the technology sector. The company has a P/E ratio of 13.9, below the S&P 500 P/E ratio of 17.7. Shares are up 3.4% 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 solid stock price performance. 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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2. As of noon trading, TE Connectivity ( TEL) is up $0.37 (1.0%) to $36.52 on light volume Thus far, 458,487 shares of TE Connectivity exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $36.14-$36.54 after having opened the day at $36.22 as compared to the previous trading day's close of $36.15.

TE Connectivity Ltd., together with its subsidiaries, designs and manufactures products that connect and protect the flow of power and data inside the products used by consumers and industries. TE Connectivity has a market cap of $15.3 billion and is part of the technology sector. The company has a P/E ratio of 13.4, below the S&P 500 P/E ratio of 17.7. Shares are up 17.6% year to date as of the close of trading on Friday. Currently there are 8 analysts that 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 increase in net income, increase in stock price during the past year, expanding profit margins, good cash flow from operations and growth in earnings per share. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full TE Connectivity Ratings Report now.

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1. As of noon trading, Altera ( ALTR) is up $0.40 (1.2%) to $33.26 on light volume Thus far, 1.1 million shares of Altera exchanged hands as compared to its average daily volume of 4.0 million shares. The stock has ranged in price between $33.02-$33.57 after having opened the day at $33.16 as compared to the previous trading day's close of $32.86.

Altera Corporation, a semiconductor company, designs, manufactures, and markets programmable logic devices (PLD), HardCopy application-specific integrated circuit (ASIC) devices, pre-defined design building blocks, and associated development tools. Altera has a market cap of $10.6 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 down 11.0% year to date as of the close of trading on Friday. Currently there are 12 analysts that rate Altera a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Altera 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, expanding profit margins, good cash flow from operations and notable return on equity. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. Get the full Altera 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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