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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4. As of noon trading, Emerson Electric ( EMR) is up $0.30 (0.5%) to $57.52 on light volume. Thus far, 1.2 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 $57.22-$57.76 after having opened the day at $57.24 as compared to the previous trading day's close of $57.22.

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 $41.6 billion and is part of the technology sector. Shares are up 9.3% year to date as of the close of trading on Friday. Currently there are 5 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 solid stock price performance, revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins and good cash flow from operations. 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.

3. As of noon trading, Texas Instruments ( TXN) is up $0.20 (0.5%) to $37.69 on light volume. Thus far, 2.5 million shares of Texas Instruments exchanged hands as compared to its average daily volume of 8.7 million shares. The stock has ranged in price between $37.41-$37.74 after having opened the day at $37.49 as compared to the previous trading day's close of $37.49.

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 $41.2 billion and is part of the technology sector. Shares are up 20.3% 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 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.

2. As of noon trading, First Solar ( FSLR) is up $2.76 (5.8%) to $50.41 on average volume. Thus far, 5.1 million shares of First Solar exchanged hands as compared to its average daily volume of 7.3 million shares. The stock has ranged in price between $48.84-$50.92 after having opened the day at $48.91 as compared to the previous trading day's close of $47.65.

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 $4.5 billion and is part of the technology sector. Shares are up 50.6% year to date as of the close of trading on Friday. Currently there are 3 analysts that rate First Solar a buy, 4 analysts rate it a sell, and 12 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.

1. As of noon trading, Micron Technology ( MU) is up $0.24 (1.9%) to $12.93 on light volume. Thus far, 13.8 million shares of Micron Technology exchanged hands as compared to its average daily volume of 37.8 million shares. The stock has ranged in price between $12.65-$12.94 after having opened the day at $12.76 as compared to the previous trading day's close of $12.69.

Micron Technology, Inc., together with its subsidiaries, engages in the manufacture and marketing of semiconductor devices worldwide. Micron Technology has a market cap of $13.2 billion and is part of the technology sector. Shares are up 100.3% year to date as of the close of trading on Friday. Currently there are 14 analysts that rate Micron Technology a buy, 2 analysts rate it a sell, and 8 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 compelling growth in net income. However, as a counter to these strengths, we find that we feel that the company's cash flow from its operations has been weak overall. 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.

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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