Today's Stocks Driving Success For The Electronics Industry

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 84 points (0.6%) at 15,176 as of Tuesday, May 14, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 2,014 issues advancing vs. 928 declining with 109 unchanged.

The Electronics industry currently sits up 0.5% versus the S&P 500, which is up 0.9%. Top gainers within the industry include Acuity Brands ( AYI), up 4.1%, Jabil Circuit ( JBL), up 3.8%, LSI Corporation ( LSI), up 3.1%, LG.Display Company ( LPL), up 2.7% and Freescale Semiconductor ( FSL), up 2.4%. On the negative front, top decliners within the industry include Advanced Semiconductor Engineering ( ASX), down 1.18, and Intel ( INTC), down 0.73.

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

5. TE Connectivity ( TEL) is one of the companies pushing the Electronics industry higher today. As of noon trading, TE Connectivity is up $0.29 (0.65) to $44.64 on average volume Thus far, 649,379 shares of TE Connectivity exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $44.24-$44.64 after having opened the day at $44.30 as compared to the previous trading day's close of $44.35.

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 $18.5 billion and is part of the technology sector. The company has a P/E ratio of 15.7, below the S&P 500 P/E ratio of 17.7. Shares are up 19.5% year to date as of the close of trading on Monday. Currently there are 5 analysts that rate TE Connectivity a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates TE Connectivity as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, notable return on equity, expanding profit margins and growth in earnings per share. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full TE Connectivity Ratings Report now.

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