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 18 points (-0.1%) at 13,964 as of Thursday, Feb. 14, 2013, 11:49 AM ET. The NYSE advances/declines ratio sits at 1,305 issues advancing vs. 1,524 declining with 153 unchanged.

The Electronics industry currently sits up 0.3% versus the S&P 500, which is down 0.1%. Top gainers within the industry include SunPower Corporation ( SPWR), up 13.7%, First Solar ( FSLR), up 4.4%, Semiconductor Manufacturing International C ( SMI), up 3.5%, Advantest ( ATE), up 3.4% and Altera ( ALTR), up 1.1%. On the negative front, top decliners within the industry include United Microelectronics ( UMC), down 2.1%, Micron Technology ( MU), down 0.8% and Agilent Technologies ( A), down 0.7%.

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

5. Atmel Corporation ( ATML) is one of the companies pushing the Electronics industry higher today. As of noon trading, Atmel Corporation is up $0.23 (3.5%) to $6.83 on average volume Thus far, 2.4 million shares of Atmel Corporation exchanged hands as compared to its average daily volume of 6.2 million shares. The stock has ranged in price between $6.57-$6.89 after having opened the day at $6.58 as compared to the previous trading day's close of $6.60.

Atmel Corporation designs, develops, manufactures, and sells semiconductor integrated circuit (IC) products. Atmel Corporation has a market cap of $2.9 billion and is part of the technology sector. The company has a P/E ratio of 20.7, above the S&P 500 P/E ratio of 17.7. Shares are up 1.1% year to date as of the close of trading on Wednesday. Currently there are 6 analysts that rate Atmel Corporation a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Atmel Corporation as a hold. Among the primary strengths of the company is its expanding profit margins over time. At the same time, however, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and disappointing return on equity. Get the full Atmel Corporation Ratings Report now.

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4. As of noon trading, LSI Corporation ( LSI) is up $0.12 (1.6%) to $7.22 on average volume Thus far, 3.5 million shares of LSI Corporation exchanged hands as compared to its average daily volume of 6.8 million shares. The stock has ranged in price between $7.08-$7.26 after having opened the day at $7.10 as compared to the previous trading day's close of $7.11.

LSI Corporation designs, develops, and markets storage and networking semiconductors worldwide. LSI Corporation has a market cap of $4.0 billion and is part of the technology sector. The company has a P/E ratio of 9.6, below the S&P 500 P/E ratio of 17.7. Shares are up 1.7% year to date as of the close of trading on Wednesday. Currently there are 7 analysts that rate LSI Corporation a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates LSI 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, notable return on equity, impressive record of earnings per share growth and increase in net income. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full LSI Corporation Ratings Report now.

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3. As of noon trading, Maxim Integrated Products ( MXIM) is up $0.17 (0.5%) to $32.67 on light volume Thus far, 993,193 shares of Maxim Integrated Products exchanged hands as compared to its average daily volume of 2.8 million shares. The stock has ranged in price between $32.32-$32.74 after having opened the day at $32.42 as compared to the previous trading day's close of $32.50.

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 $9.5 billion and is part of the technology sector. The company has a P/E ratio of 29.0, above the S&P 500 P/E ratio of 17.7. Shares are up 10.3% year to date as of the close of trading on Wednesday. Currently there are 14 analysts that rate Maxim Integrated Products a buy, no analysts rate it a sell, and 7 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 revenue growth, largely solid financial position with reasonable debt levels by most measures, good cash flow from operations, expanding profit margins and solid stock price performance. 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.

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2. As of noon trading, Xilinx ( XLNX) is up $0.36 (1.0%) to $38.16 on average volume Thus far, 1.6 million shares of Xilinx exchanged hands as compared to its average daily volume of 2.5 million shares. The stock has ranged in price between $37.42-$38.34 after having opened the day at $37.61 as compared to the previous trading day's close of $37.80.

Xilinx, Inc. designs, develops, and markets programmable platforms worldwide. Xilinx has a market cap of $9.8 billion and is part of the technology sector. The company has a P/E ratio of 21.4, above the S&P 500 P/E ratio of 17.7. Shares are up 4.8% 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 12 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, increase in stock price during the past year 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 Xilinx Ratings Report now.

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1. As of noon trading, Broadcom Corporation ( BRCM) is up $0.39 (1.2%) to $34.11 on average volume Thus far, 3.1 million shares of Broadcom Corporation exchanged hands as compared to its average daily volume of 7.2 million shares. The stock has ranged in price between $33.31-$34.17 after having opened the day at $33.59 as compared to the previous trading day's close of $33.72.

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 $17.5 billion and is part of the technology sector. The company has a P/E ratio of 27.1, above the S&P 500 P/E ratio of 17.7. Shares are up 1.8% year to date as of the close of trading on Wednesday. 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, reasonable valuation levels, good cash flow from operations and expanding profit margins. 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 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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