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.

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

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