5 Electronics Stocks Nudging The Industry Higher

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 76 points (0.5%) at 15,300 as of Tuesday, July 9, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 2,101 issues advancing vs. 849 declining with 106 unchanged.

The Electronics industry currently sits up 0.6% versus the S&P 500, which is up 1.2%. Top gainers within the industry include Freescale Semiconductor ( FSL), up 11.7%, Advanced Semiconductor Engineering ( ASX), up 4.6%, LG.Display Company ( LPL), up 4.1%, Jabil Circuit ( JBL), up 4.0% and Applied Materials ( AMAT), up 3.7%.

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

5. Maxim Integrated Products ( MXIM) is one of the companies pushing the Electronics industry higher today. As of noon trading, Maxim Integrated Products is up $0.79 (2.9%) to $27.90 on average volume. Thus far, 1.2 million shares of Maxim Integrated Products exchanged hands as compared to its average daily volume of 3.0 million shares. The stock has ranged in price between $27.36-$27.91 after having opened the day at $27.36 as compared to the previous trading day's close of $27.11.

Maxim Integrated Products, Inc. engages in designing, developing, manufacturing, and marketing various linear and mixed-signal integrated circuits worldwide. The company also provides various high-frequency process technologies and capabilities for use in custom designs. Maxim Integrated Products has a market cap of $8.1 billion and is part of the technology sector. Shares are down 7.8% year to date as of the close of trading on Monday. Currently there are 10 analysts that rate Maxim Integrated Products a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Maxim Integrated Products as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, expanding profit margins, good cash flow from operations and increase in net income. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Maxim Integrated Products 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, Analog Devices ( ADI) is up $0.61 (1.3%) to $46.37 on light volume. Thus far, 673,651 shares of Analog Devices exchanged hands as compared to its average daily volume of 2.3 million shares. The stock has ranged in price between $45.89-$46.42 after having opened the day at $46.11 as compared to the previous trading day's close of $45.76.

Analog Devices, Inc. engages in the design, manufacture, and marketing of analog, mixed-signal, and digital signal processing integrated circuits (ICs) for use in industrial, automotive, consumer, and communication markets worldwide. Analog Devices has a market cap of $14.2 billion and is part of the technology sector. Shares are up 9.9% year to date as of the close of trading on Monday. Currently there are 10 analysts that rate Analog Devices a buy, no analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates Analog Devices as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, largely solid financial position with reasonable debt levels by most measures, good cash flow from operations, solid stock price performance and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. Get the full Analog Devices 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, KLA-Tencor Corporation ( KLAC) is up $1.26 (2.3%) to $56.75 on average volume. Thus far, 826,137 shares of KLA-Tencor Corporation exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $55.68-$56.76 after having opened the day at $56.14 as compared to the previous trading day's close of $55.49.

KLA-Tencor Corporation designs, manufactures, and markets process control and yield management solutions for the semiconductor and related nanoelectronics industries. KLA-Tencor Corporation has a market cap of $9.4 billion and is part of the technology sector. Shares are up 16.2% year to date as of the close of trading on Monday. Currently there are 8 analysts that rate KLA-Tencor Corporation a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates KLA-Tencor Corporation 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, good cash flow from operations and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. Get the full KLA-Tencor 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.

2. As of noon trading, Corning ( GLW) is up $0.33 (2.3%) to $14.88 on average volume. Thus far, 6.2 million shares of Corning exchanged hands as compared to its average daily volume of 13.0 million shares. The stock has ranged in price between $14.63-$14.89 after having opened the day at $14.63 as compared to the previous trading day's close of $14.55.

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 $21.4 billion and is part of the technology sector. Shares are up 15.3% year to date as of the close of trading on Monday. Currently there are 10 analysts that rate Corning a buy, 1 analyst rates it a sell, and 5 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, increase in stock price during the past year and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Corning 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, Emerson Electric ( EMR) is up $0.91 (1.6%) to $57.63 on light volume. Thus far, 1.1 million shares of Emerson Electric exchanged hands as compared to its average daily volume of 3.7 million shares. The stock has ranged in price between $57.20-$57.63 after having opened the day at $57.43 as compared to the previous trading day's close of $56.72.

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 $40.6 billion and is part of the technology sector. Shares are up 7.1% 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 the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. 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.

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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