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

One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading up 24 points (0.2%) at 14,421 as of Monday, March 11, 2013, 12:45 PM ET. The NYSE advances/declines ratio sits at 1,375 issues advancing vs. 1,531 declining with 142 unchanged.

The Electronics industry currently sits up 0.1% versus the S&P 500, which is up 0.1%. Top gainers within the industry include AU Optronics Corporation ( AUO), up 5.2%, RF Micro Devices ( RFMD), up 3.7%, LG.Display Company ( LPL), up 1.1% and Maxim Integrated Products ( MXIM), up 0.6%. On the negative front, top decliners within the industry include Advantest ( ATE), down 2.8%, United Microelectronics ( UMC), down 1.6%, STMicroelectronics ( STM), down 0.9%, Agilent Technologies ( A), down 0.7% and Applied Materials ( AMAT), down 0.4%.

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

5. IPG Photonics Corporation ( IPGP) is one of the companies pushing the Electronics industry higher today. As of noon trading, IPG Photonics Corporation is up $1.38 (2.3%) to $61.94 on light volume Thus far, 155,812 shares of IPG Photonics Corporation exchanged hands as compared to its average daily volume of 594,600 shares. The stock has ranged in price between $60.33-$62.12 after having opened the day at $60.57 as compared to the previous trading day's close of $60.57.

IPG Photonics Corporation develops and manufactures fiber lasers, fiber amplifiers, and diode lasers. IPG Photonics Corporation has a market cap of $3.1 billion and is part of the technology sector. The company has a P/E ratio of 21.6, above the S&P 500 P/E ratio of 17.7. Shares are down 9.1% year to date as of the close of trading on Friday. Currently there are 7 analysts that rate IPG Photonics Corporation a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates IPG Photonics Corporation 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, increase in net income, good cash flow from operations and growth in earnings per share. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full IPG Photonics Corporation Ratings Report now.

It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE

4. As of noon trading, Sensata Technologies Holding N.V ( ST) is up $0.29 (0.9%) to $32.79 on light volume Thus far, 453,666 shares of Sensata Technologies Holding N.V exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $32.36-$32.92 after having opened the day at $32.49 as compared to the previous trading day's close of $32.50.

Sensata Technologies Holding N.V, through its subsidiaries, engages in the development, manufacture, and sale of sensors and controls primarily in the Americas, the Asia Pacific, and Europe. The company operates in two segments, Sensors and Controls. Sensata Technologies Holding N.V has a market cap of $5.7 billion and is part of the technology sector. The company has a P/E ratio of 32.8, above the S&P 500 P/E ratio of 17.7. Shares are up 0.1% year to date as of the close of trading on Friday. Currently there are 5 analysts that rate Sensata Technologies Holding N.V a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Sensata Technologies Holding N.V as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income and notable return on equity. However, as a counter to these strengths, we also find weaknesses including premium valuation, relatively poor performance when compared with the S&P 500 during the past year and generally higher debt management risk. Get the full Sensata Technologies Holding N.V Ratings Report now.

It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE

3. As of noon trading, Atmel Corporation ( ATML) is up $0.27 (4.2%) to $6.73 on average volume Thus far, 4.4 million shares of Atmel Corporation exchanged hands as compared to its average daily volume of 6.5 million shares. The stock has ranged in price between $6.46-$6.80 after having opened the day at $6.48 as compared to the previous trading day's close of $6.46.

Atmel Corporation designs, develops, manufactures, and sells semiconductor integrated circuit (IC) products. Atmel Corporation has a market cap of $2.8 billion and is part of the technology sector. The company has a P/E ratio of 91.9, above the S&P 500 P/E ratio of 17.7. Shares are down 1.8% year to date as of the close of trading on Friday. Currently there are 7 analysts that rate Atmel Corporation a buy, no analysts rate it a sell, and 5 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.

It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE

2. As of noon trading, Avago Technologies ( AVGO) is up $0.26 (0.7%) to $35.53 on average volume Thus far, 1.6 million shares of Avago Technologies exchanged hands as compared to its average daily volume of 3.3 million shares. The stock has ranged in price between $34.97-$35.66 after having opened the day at $35.08 as compared to the previous trading day's close of $35.27.

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 $8.6 billion and is part of the technology sector. The company has a P/E ratio of 16.4, below 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 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, 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 lackluster performance in the stock itself. Get the full Avago Technologies Ratings Report now.

It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE

1. As of noon trading, Broadcom Corporation ( BRCM) is up $0.20 (0.6%) to $33.70 on light volume Thus far, 2.3 million shares of Broadcom Corporation exchanged hands as compared to its average daily volume of 7.4 million shares. The stock has ranged in price between $33.37-$33.80 after having opened the day at $33.42 as compared to the previous trading day's close of $33.50.

Broadcom Corporation provides semiconductor solutions for wired and wireless communications. Its products offer voice, video, data, and multimedia connectivity in the home, office, and mobile environments. Broadcom Corporation has a market cap of $17.4 billion and is part of the technology sector. The company has a P/E ratio of 26.9, above the S&P 500 P/E ratio of 17.7. Shares are up 1.4% 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 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.

It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE

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.

null

More from Markets

Comcast Considering All-Cash Bid for Fox as Disney Battle Heads to the Wire

Comcast Considering All-Cash Bid for Fox as Disney Battle Heads to the Wire

Global Rally Stalls as Trump Doubts North Korea Summit, Questions China Trade

Global Rally Stalls as Trump Doubts North Korea Summit, Questions China Trade

Target's Stock Tanks After Q1 Earnings Miss and Slowing Sales

Target's Stock Tanks After Q1 Earnings Miss and Slowing Sales

Trump, China Trade, Target and Las Vegas Casinos - 5 Things You Must Know

Trump, China Trade, Target and Las Vegas Casinos - 5 Things You Must Know

Stocks Move Lower on Trade Fears and 4 Other Stories You Must Know Wednesday

Stocks Move Lower on Trade Fears and 4 Other Stories You Must Know Wednesday