5 Stocks Pushing The Electronics Industry Higher

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 18 points (0.1%) at 15,482 as of Monday, July 15, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,893 issues advancing vs. 1,042 declining with 108 unchanged.

The Electronics industry currently sits up 0.9% versus the S&P 500, which is up 0.1%. Top gainers within the industry include Applied Micro Circuits Corporation ( AMCC), up 15.4%, Canadian Solar ( CSIQ), up 14.1%, Trina Solar ( TSL), up 12.1%, SunEdison ( SUNE), up 10.9% and Power Integrations ( POWI), up 9.4%. On the negative front, top decliners within the industry include Teradyne ( TER), down 2.0%, Siliconware Precision Industries ( SPIL), down 1.9%, Atmel Corporation ( ATML), down 1.6%, Linear Technology ( LLTC), down 0.8% and LG.Display Company ( LPL), down 0.6%.

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

5. Corning ( GLW) is one of the companies pushing the Electronics industry higher today. As of noon trading, Corning is up $0.08 (0.6%) to $15.12 on light volume. Thus far, 2.7 million shares of Corning exchanged hands as compared to its average daily volume of 12.6 million shares. The stock has ranged in price between $14.96-$15.17 after having opened the day at $15.05 as compared to the previous trading day's close of $15.03.

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 $22.2 billion and is part of the technology sector. Shares are up 19.2% year to date as of the close of trading on Friday. 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 increase in stock price during the past year, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, expanding profit margins 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.

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