5 Stocks Boosting 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 up today with the Dow Jones Industrial Average ( ^DJI) trading down 30 points (-0.2%) at 15,089 as of Monday, May 13, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,245 issues advancing vs. 1,704 declining with 112 unchanged.

The Electronics industry currently sits up 0.2% versus the S&P 500, which is unchanged. On the negative front, top decliners within the industry include Advanced Semiconductor Engineering ( ASX), down 3.18, Agilent Technologies ( A), down 1.97, STMicroelectronics ( STM), down 1.98, ABB ( ABB), down 1.64 and ASML ( ASML), down 0.72.

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

5. Advanced Micro Devices ( AMD) is one of the companies pushing the Electronics industry higher today. As of noon trading, Advanced Micro Devices is up $0.25 (6.33) to $4.20 on heavy volume Thus far, 33.7 million shares of Advanced Micro Devices exchanged hands as compared to its average daily volume of 21.3 million shares. The stock has ranged in price between $3.94-$4.22 after having opened the day at $3.95 as compared to the previous trading day's close of $3.95.

Advanced Micro Devices, Inc. operates as a semiconductor company worldwide. It operates in two segments, Computing Solutions and Graphics. Advanced Micro Devices has a market cap of $2.8 billion and is part of the technology sector. Shares are up 60.8% year to date as of the close of trading on Friday. Currently there are 4 analysts that rate Advanced Micro Devices a buy, 3 analysts rate it a sell, and 17 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 disappointing return on equity, weak operating cash flow, generally disappointing historical performance in the stock itself and generally high debt management risk. Get the full Advanced Micro Devices Ratings Report now.

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4. As of noon trading, Marvell Technology Group ( MRVL) is up $0.23 (2.10) to $11.16 on average volume Thus far, 5.4 million shares of Marvell Technology Group exchanged hands as compared to its average daily volume of 7.9 million shares. The stock has ranged in price between $10.89-$11.25 after having opened the day at $10.94 as compared to the previous trading day's close of $10.93.

Marvell Technology Group Ltd. designs, develops, and markets analog, mixed-signal, digital signal processing, and embedded and standalone ARM-based microprocessor integrated circuits. Marvell Technology Group has a market cap of $5.4 billion and is part of the technology sector. The company has a P/E ratio of 20.0, above the S&P 500 P/E ratio of 17.7. Shares are up 48.7% year to date as of the close of trading on Friday. Currently there are 7 analysts that rate Marvell Technology Group a buy, 2 analysts rate it a sell, and 14 rate it a hold.

TheStreet Ratings rates Marvell Technology Group as a hold. 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 and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and a generally disappointing performance in the stock itself. Get the full Marvell Technology Group Ratings Report now.

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3. As of noon trading, SunPower Corporation ( SPWR) is up $1.32 (7.33) to $19.32 on heavy volume Thus far, 7.8 million shares of SunPower Corporation exchanged hands as compared to its average daily volume of 5.2 million shares. The stock has ranged in price between $18.54-$19.48 after having opened the day at $18.89 as compared to the previous trading day's close of $18.00.

SunPower Corporation, an integrated solar products and solutions company, designs, manufactures, and delivers solar electric systems for residential, commercial, and utility-scale power plant customers worldwide. SunPower Corporation has a market cap of $2.0 billion and is part of the technology sector. Shares are up 190.4% year to date as of the close of trading on Friday. Currently there are 3 analysts that rate SunPower Corporation a buy, 1 analyst rates it a sell, and 7 rate it a hold.

TheStreet Ratings rates SunPower Corporation as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and impressive record of earnings per share growth. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. Get the full SunPower Corporation Ratings Report now.

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2. As of noon trading, Corning ( GLW) is up $0.12 (0.79) to $15.22 on average volume Thus far, 8.3 million shares of Corning exchanged hands as compared to its average daily volume of 13.3 million shares. The stock has ranged in price between $15.20-$15.50 after having opened the day at $15.35 as compared to the previous trading day's close of $15.10.

Corning Incorporated produces and sells specialty glasses, ceramics, and related materials worldwide. It operates through five segments: Display Technologies, Telecommunications, Environmental Technologies, Specialty Materials, and Life Sciences. Corning has a market cap of $22.2 billion and is part of the technology sector. The company has a P/E ratio of 12.9, below 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 Friday. Currently there are 9 analysts that rate Corning a buy, 2 analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Corning 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, attractive valuation levels, expanding profit margins, growth in earnings per share and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Corning Ratings Report now.

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1. As of noon trading, First Solar ( FSLR) is up $2.18 (4.41) to $51.52 on heavy volume Thus far, 5.7 million shares of First Solar exchanged hands as compared to its average daily volume of 7.2 million shares. The stock has ranged in price between $49.70-$52.69 after having opened the day at $50.00 as compared to the previous trading day's close of $49.34.

First Solar, Inc. provides solar energy solutions. It operates in two segments, Components and Systems. The Components segment engages in the design, manufacture, and sale of solar modules that convert sunlight into electricity. First Solar has a market cap of $4.1 billion and is part of the technology sector. The company has a P/E ratio of 9.9, below the S&P 500 P/E ratio of 17.7. Shares are up 52.7% year to date as of the close of trading on Friday. Currently there is 1 analyst that rates First Solar a buy, 4 analysts rate it a sell, and 13 rate it a hold.

TheStreet Ratings rates First Solar as a hold. 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 and solid stock price performance. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. Get the full First Solar 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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