5 Stocks Moving The Electronics Industry Upward

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 31 points (0.2%) at 15,006 as of Tuesday, July 2, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,611 issues advancing vs. 1,325 declining with 103 unchanged.

The Electronics industry currently is unchanged today versus the S&P 500, which is up 0.4%. Top gainers within the industry include Acuity Brands ( AYI), up 6.7%, Lam Research Corporation ( LRCX), up 3.2%, Avago Technologies ( AVGO), up 2.8% and Kyocera Corporation ( KYO), up 1.1%.

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

5. ASML ( ASML) is one of the companies pushing the Electronics industry higher today. As of noon trading, ASML is up $0.45 (0.6%) to $78.85 on light volume. Thus far, 175,419 shares of ASML exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $78.34-$79.13 after having opened the day at $78.38 as compared to the previous trading day's close of $78.40.

ASML Holding NV engages in designing, manufacturing, marketing, and servicing semiconductor processing equipment used in the fabrication of integrated circuits or chips worldwide. ASML has a market cap of $32.2 billion and is part of the technology sector. Shares are up 22.9% year to date as of the close of trading on Monday. Currently there are 9 analysts that rate ASML a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates ASML 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, solid stock price performance, 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 ASML Ratings Report now.

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4. As of noon trading, Cree ( CREE) is up $2.33 (3.6%) to $66.53 on heavy volume. Thus far, 2.1 million shares of Cree exchanged hands as compared to its average daily volume of 2.3 million shares. The stock has ranged in price between $64.60-$67.75 after having opened the day at $64.60 as compared to the previous trading day's close of $64.20.

Cree, Inc. develops and manufactures lighting-class light emitting diode (LED) products, lighting products, and semiconductor products for power and radio-frequency (RF) applications. Cree has a market cap of $7.5 billion and is part of the technology sector. The company has a P/E ratio of 105.9, above the S&P 500 P/E ratio of 17.7. Shares are up 87.8% year to date as of the close of trading on Monday. Currently there are 9 analysts that rate Cree a buy, 3 analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Cree 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, compelling growth in net income, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Cree Ratings Report now.

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3. As of noon trading, Taiwan Semiconductor Manufacturing ( TSM) is up $0.30 (1.6%) to $18.75 on average volume. Thus far, 6.9 million shares of Taiwan Semiconductor Manufacturing exchanged hands as compared to its average daily volume of 10.9 million shares. The stock has ranged in price between $18.60-$18.85 after having opened the day at $18.65 as compared to the previous trading day's close of $18.45.

Taiwan Semiconductor Manufacturing Company Limited engages in the computer-aided design, manufacture, packaging, testing, sale, and marketing of integrated circuits and other semiconductor devices. Taiwan Semiconductor Manufacturing has a market cap of $95.0 billion and is part of the technology sector. The company has a P/E ratio of 17.1, below the S&P 500 P/E ratio of 17.7. Shares are up 6.8% year to date as of the close of trading on Monday. Currently there are 2 analysts that rate Taiwan Semiconductor Manufacturing a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Taiwan Semiconductor Manufacturing 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, notable return on equity, solid stock price performance and impressive record of earnings per share growth. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Taiwan Semiconductor Manufacturing 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, Emerson Electric ( EMR) is up $0.50 (0.9%) to $55.86 on average volume. Thus far, 1.7 million shares of Emerson Electric exchanged hands as compared to its average daily volume of 3.8 million shares. The stock has ranged in price between $55.30-$56.14 after having opened the day at $55.37 as compared to the previous trading day's close of $55.35.

Emerson Electric Co., a diversified technology company, engages in designing and supplying products and technology, and providing engineering services and solutions to the industrial, commercial, and consumer markets worldwide. Emerson Electric has a market cap of $39.2 billion and is part of the technology sector. The company has a P/E ratio of 19.6, above the S&P 500 P/E ratio of 17.7. Shares are up 4.5% year to date as of the close of trading on Monday. Currently there are 4 analysts that rate Emerson Electric a buy, no analysts rate it a sell, and 16 rate it a hold.

TheStreet Ratings rates Emerson Electric as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full Emerson Electric 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, Texas Instruments ( TXN) is up $0.37 (1.1%) to $35.42 on average volume. Thus far, 3.5 million shares of Texas Instruments exchanged hands as compared to its average daily volume of 9.0 million shares. The stock has ranged in price between $34.83-$35.66 after having opened the day at $34.89 as compared to the previous trading day's close of $35.04.

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 $38.7 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 up 12.8% year to date as of the close of trading on Monday. Currently there are 9 analysts that rate Texas Instruments a buy, 5 analysts rate it a sell, and 19 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.

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).
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