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 8 points (0.1%) at 15,256 as of Monday, June 10, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,353 issues advancing vs. 1,578 declining with 107 unchanged.

The Electronics industry currently sits up 1.0% versus the S&P 500, which is up 0.1%. Top gainers within the industry include Kyocera Corporation ( KYO), up 2.4%, and Taiwan Semiconductor Manufacturing ( TSM), up 1.0%.

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

5. Eaton Corporation ( ETN) is one of the companies pushing the Electronics industry higher today. As of noon trading, Eaton Corporation is up $0.41 (0.62) to $66.03 on heavy volume Thus far, 5.7 million shares of Eaton Corporation exchanged hands as compared to its average daily volume of 3.4 million shares. The stock has ranged in price between $65.07-$66.98 after having opened the day at $65.69 as compared to the previous trading day's close of $65.62.

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 $30.5 billion and is part of the technology sector. The company has a P/E ratio of 19.3, above the S&P 500 P/E ratio of 17.7. Shares are up 21.1% year to date as of the close of trading on Friday. 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, solid stock price performance, reasonable valuation levels, good cash flow from operations and increase in net income. 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.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

4. As of noon trading, Texas Instruments ( TXN) is up $0.42 (1.17) to $36.60 on average volume Thus far, 3.8 million shares of Texas Instruments exchanged hands as compared to its average daily volume of 9.3 million shares. The stock has ranged in price between $36.12-$36.74 after having opened the day at $36.25 as compared to the previous trading day's close of $36.18.

Texas Instruments Incorporated engages in the design, manufacture, sale of semiconductors to electronics designers and manufacturers worldwide. The company operates in four segments: Analog, Embedded Processing, Wireless, and Other. Texas Instruments has a market cap of $39.6 billion and is part of the technology sector. The company has a P/E ratio of 22.2, above the S&P 500 P/E ratio of 17.7. Shares are up 15.5% year to date as of the close of trading on Friday. Currently there are 9 analysts that rate Texas Instruments a buy, 5 analysts rate it a sell, and 18 rate it a hold.

TheStreet Ratings rates Texas Instruments as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income, notable return on equity, largely solid financial position with reasonable debt levels by most measures and growth in earnings per share. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Texas Instruments Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

3. As of noon trading, First Solar ( FSLR) is up $2.30 (4.33) to $55.39 on average volume Thus far, 3.5 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 $52.85-$55.76 after having opened the day at $53.60 as compared to the previous trading day's close of $53.09.

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 $4.7 billion and is part of the technology sector. The company has a P/E ratio of 11.2, below the S&P 500 P/E ratio of 17.7. Shares are up 72.6% 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 11 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.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

2. As of noon trading, Micron Technology ( MU) is up $0.30 (2.37) to $12.95 on heavy volume Thus far, 25.1 million shares of Micron Technology exchanged hands as compared to its average daily volume of 32.2 million shares. The stock has ranged in price between $12.64-$13.08 after having opened the day at $12.64 as compared to the previous trading day's close of $12.65.

Micron Technology, Inc., together with its subsidiaries, engages in the manufacture and marketing of semiconductor devices worldwide. Micron Technology has a market cap of $12.7 billion and is part of the technology sector. Shares are up 94.8% year to date as of the close of trading on Friday. Currently there are 15 analysts that rate Micron Technology a buy, 2 analysts rate it a sell, and 7 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.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

1. As of noon trading, Intel ( INTC) is up $0.36 (1.45) to $24.95 on light volume Thus far, 16.2 million shares of Intel exchanged hands as compared to its average daily volume of 44.0 million shares. The stock has ranged in price between $24.64-$25.09 after having opened the day at $24.71 as compared to the previous trading day's close of $24.59.

Intel Corporation designs, manufactures, and sells integrated digital technology platforms worldwide. The company operates through PC Client Group, Data Center Group, Other Intel Architecture, Software and Services, and All Other segments. Intel has a market cap of $122.5 billion and is part of the technology sector. The company has a P/E ratio of 12.3, 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 Friday. Currently there are 12 analysts that rate Intel a buy, 4 analysts rate it a sell, and 21 rate it a hold.

TheStreet Ratings rates Intel 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, good cash flow from operations, expanding profit margins 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 Intel Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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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