5 Stocks Driving The Electronics Industry Higher

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 41 points (-0.3%) at 15,444 as of Tuesday, July 16, 2013, 12:45 PM ET. The NYSE advances/declines ratio sits at 951 issues advancing vs. 1,969 declining with 95 unchanged.

The Electronics industry currently is unchanged today versus the S&P 500, which is down 0.4%. Top gainers within the industry include Avago Technologies ( AVGO), up 2.9%, Micron Technology ( MU), up 1.3%, Xilinx ( XLNX), up 0.9%, KLA-Tencor Corporation ( KLAC), up 0.8% and Broadcom Corporation ( BRCM), up 0.6%. On the negative front, top decliners within the industry include SunEdison ( SUNE), down 4.0%, United Microelectronics ( UMC), down 3.6%, Advanced Semiconductor Engineering ( ASX), down 1.6%, Sensata Technologies Holding N.V ( ST), down 1.4% and STMicroelectronics ( STM), down 1.2%.

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

5. Skyworks Solutions ( SWKS) is one of the companies pushing the Electronics industry higher today. As of noon trading, Skyworks Solutions is up $0.72 (3.3%) to $22.66 on average volume. Thus far, 1.7 million shares of Skyworks Solutions exchanged hands as compared to its average daily volume of 3.2 million shares. The stock has ranged in price between $21.95-$22.77 after having opened the day at $21.95 as compared to the previous trading day's close of $21.94.

Skyworks Solutions, Inc., together with its subsidiaries, offers analog and mixed signal semiconductors worldwide. Skyworks Solutions has a market cap of $4.2 billion and is part of the technology sector. Shares are up 9.3% year to date as of the close of trading on Monday. Currently there are 13 analysts that rate Skyworks Solutions a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Skyworks Solutions as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, compelling growth in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Skyworks Solutions Ratings Report now.

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4. As of noon trading, Linear Technology ( LLTC) is up $0.43 (1.1%) to $39.98 on light volume. Thus far, 516,568 shares of Linear Technology exchanged hands as compared to its average daily volume of 2.1 million shares. The stock has ranged in price between $39.52-$39.98 after having opened the day at $39.56 as compared to the previous trading day's close of $39.55.

Linear Technology Corporation, together with its subsidiaries, designs, manufactures, and markets various analog integrated circuits (ICs) worldwide. Linear Technology has a market cap of $9.3 billion and is part of the technology sector. Shares are up 16.3% year to date as of the close of trading on Monday. Currently there are 7 analysts that rate Linear Technology a buy, 3 analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Linear Technology as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, increase in net income, good cash flow from operations 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 Linear 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.

3. As of noon trading, ASML ( ASML) is up $0.64 (0.7%) to $87.56 on average volume. Thus far, 1.0 million shares of ASML exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $86.88-$87.96 after having opened the day at $87.33 as compared to the previous trading day's close of $86.92.

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 $35.5 billion and is part of the technology sector. Shares are up 35.3% 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 solid stock price performance, largely solid financial position with reasonable debt levels by most measures, 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.

2. As of noon trading, Applied Materials ( AMAT) is up $0.14 (0.8%) to $16.61 on light volume. Thus far, 3.8 million shares of Applied Materials exchanged hands as compared to its average daily volume of 14.4 million shares. The stock has ranged in price between $16.50-$16.71 after having opened the day at $16.55 as compared to the previous trading day's close of $16.47.

Applied Materials, Inc. provides manufacturing equipment, services, and software to the semiconductor, flat panel display, solar photovoltaic (PV), and related industries worldwide. Applied Materials has a market cap of $20.0 billion and is part of the technology sector. Shares are up 45.6% year to date as of the close of trading on Monday. Currently there are 5 analysts that rate Applied Materials a buy, 2 analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Applied Materials as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow. Get the full Applied Materials 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, Intel ( INTC) is up $0.16 (0.7%) to $24.10 on average volume. Thus far, 18.0 million shares of Intel exchanged hands as compared to its average daily volume of 43.9 million shares. The stock has ranged in price between $23.90-$24.27 after having opened the day at $24.00 as compared to the previous trading day's close of $23.94.

Intel Corporation designs, manufactures, and sells integrated digital technology platforms worldwide. The company operates through PC Client Group, Data Center Group, Other Intel Architecture, Software and Services, and All Other segments. Intel has a market cap of $118.8 billion and is part of the technology sector. Shares are up 15.9% year to date as of the close of trading on Monday. Currently there are 11 analysts that rate Intel a buy, 6 analysts rate it a sell, and 19 rate it a hold.

TheStreet Ratings rates Intel 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, good cash flow from operations, 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 Intel 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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