5 Stocks Raising 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 up today with the Dow Jones Industrial Average ( ^DJI) trading up 60 points (0.4%) at 15,029 as of Tuesday, May 7, 2013, 12:54 PM ET. The NYSE advances/declines ratio sits at 1,907 issues advancing vs. 994 declining with 159 unchanged.

The Electronics industry currently sits down 0.24 versus the S&P 500, which is up 0.3%. On the negative front, top decliners within the industry include MTS Systems Corporation ( MTSC), down 9.86, Advanced Micro Devices ( AMD), down 3.05, Emerson Electric ( EMR), down 1.61 and Taiwan Semiconductor Manufacturing ( TSM), down 0.43.

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

5. STMicroelectronics ( STM) is one of the companies pushing the Electronics industry higher today. As of noon trading, STMicroelectronics is up $0.10 (1.20) to $8.88 on light volume Thus far, 569,049 shares of STMicroelectronics exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $8.82-$8.95 after having opened the day at $8.95 as compared to the previous trading day's close of $8.77.

STMicroelectronics N.V., an independent semiconductor company, engages in the design, development, manufacture, and marketing of a range of semiconductor integrated circuits and discrete devices. STMicroelectronics has a market cap of $7.8 billion and is part of the technology sector. Shares are up 21.1% year to date as of the close of trading on Monday. Currently there are 2 analysts that rate STMicroelectronics a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates STMicroelectronics as a hold. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity. Get the full STMicroelectronics Ratings Report now.

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4. As of noon trading, Amphenol ( APH) is up $0.50 (0.65) to $77.66 on light volume Thus far, 214,497 shares of Amphenol exchanged hands as compared to its average daily volume of 638,000 shares. The stock has ranged in price between $77.11-$77.77 after having opened the day at $77.15 as compared to the previous trading day's close of $77.16.

Amphenol Corporation provides electrical, electronic, and fiber optic connectors; interconnect systems; and coaxial and specialty cables worldwide. Amphenol has a market cap of $12.3 billion and is part of the technology sector. The company has a P/E ratio of 21.7, above the S&P 500 P/E ratio of 17.7. Shares are up 19.3% year to date as of the close of trading on Monday. 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, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Amphenol Ratings Report now.

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3. As of noon trading, Roper Industries ( ROP) is up $0.83 (0.69) to $121.03 on average volume Thus far, 189,797 shares of Roper Industries exchanged hands as compared to its average daily volume of 440,900 shares. The stock has ranged in price between $120.19-$121.41 after having opened the day at $120.54 as compared to the previous trading day's close of $120.20.

Roper Industries, Inc. designs, manufactures, and distributes radio frequency (RF) products and services, industrial technology products, energy systems and controls, and medical and scientific imaging products and software. Roper Industries has a market cap of $11.9 billion and is part of the industrial goods sector. The company has a P/E ratio of 23.8, above the S&P 500 P/E ratio of 17.7. Shares are up 7.8% year to date as of the close of trading on Monday. Currently there are 3 analysts that rate Roper Industries a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Roper Industries as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures 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 Roper Industries Ratings Report now.

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2. As of noon trading, Eaton Corporation ( ETN) is up $1.07 (1.72) to $63.14 on light volume Thus far, 1.3 million shares of Eaton Corporation exchanged hands as compared to its average daily volume of 3.7 million shares. The stock has ranged in price between $62.39-$63.23 after having opened the day at $62.54 as compared to the previous trading day's close of $62.07.

Eaton Corporation plc operates as a diversified power management company worldwide. The company operates through Electrical Americas, Electrical Rest of World, Cooper, Hydraulics, Aerospace, Truck, and Automotive segments. Eaton Corporation has a market cap of $29.1 billion and is part of the technology sector. The company has a P/E ratio of 18.5, above the S&P 500 P/E ratio of 17.7. Shares are up 14.6% year to date as of the close of trading on Monday. Currently there are 11 analysts that rate Eaton Corporation a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates Eaton Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, solid stock price performance and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Eaton Corporation Ratings Report now.

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1. As of noon trading, Micron Technology ( MU) is up $0.13 (1.33) to $9.89 on average volume Thus far, 15.2 million shares of Micron Technology exchanged hands as compared to its average daily volume of 31.7 million shares. The stock has ranged in price between $9.66-$9.89 after having opened the day at $9.80 as compared to the previous trading day's close of $9.76.

Micron Technology, Inc., together with its subsidiaries, engages in the manufacture and marketing of semiconductor devices worldwide. Micron Technology has a market cap of $9.9 billion and is part of the technology sector. Shares are up 53.9% year to date as of the close of trading on Monday. Currently there are 16 analysts that rate Micron Technology a buy, 2 analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Micron Technology as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and weak operating cash flow. Get the full Micron Technology Ratings Report now.

Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks 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.

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