5 Electronics Stocks On The Rise

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 15 points (0.1%) at 15,467 as of Wednesday, July 17, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,986 issues advancing vs. 913 declining with 127 unchanged.

The Electronics industry currently sits up 0.2% versus the S&P 500, which is up 0.3%. Top gainers within the industry include Atmel Corporation ( ATML), up 4.2%, Micron Technology ( MU), up 2.2%, Freescale Semiconductor ( FSL), up 2.2%, Lam Research Corporation ( LRCX), up 1.6% and ASML ( ASML), up 1.4%. On the negative front, top decliners within the industry include Broadcom Corporation ( BRCM), down 3.2%, Advantest ( ATE), down 2.7%, CGG ( CGG), down 1.8% and Corning ( GLW), down 0.7%.

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

5. TE Connectivity ( TEL) is one of the companies pushing the Electronics industry higher today. As of noon trading, TE Connectivity is up $0.66 (1.4%) to $47.85 on light volume. Thus far, 537,596 shares of TE Connectivity exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $47.37-$48.05 after having opened the day at $47.52 as compared to the previous trading day's close of $47.19.

TE Connectivity Ltd., together with its subsidiaries, designs and manufactures products that connect and protect the flow of power and data inside the products used by consumers and industries. TE Connectivity has a market cap of $19.6 billion and is part of the technology sector. Shares are up 27.4% year to date as of the close of trading on Tuesday. Currently there are 5 analysts that rate TE Connectivity a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates TE Connectivity as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, notable return on equity, expanding profit margins and growth in earnings per share. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full TE Connectivity 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, Microchip Technology ( MCHP) is up $0.42 (1.1%) to $40.03 on average volume. Thus far, 1.2 million shares of Microchip Technology exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $39.57-$40.12 after having opened the day at $39.77 as compared to the previous trading day's close of $39.61.

Microchip Technology Incorporated engages in developing, manufacturing, and selling semiconductor products for embedded control applications. Microchip Technology has a market cap of $7.8 billion and is part of the technology sector. Shares are up 20.8% year to date as of the close of trading on Tuesday. Currently there are 4 analysts that rate Microchip Technology a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Microchip Technology as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Microchip 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, NXP Semiconductor ( NXPI) is up $0.30 (0.9%) to $33.61 on light volume. Thus far, 892,997 shares of NXP Semiconductor exchanged hands as compared to its average daily volume of 2.7 million shares. The stock has ranged in price between $33.31-$33.94 after having opened the day at $33.36 as compared to the previous trading day's close of $33.31.

NXP Semiconductors N.V. provides mixed signal and standard product solutions for radio frequency (RF), analog, power management, interface, security, and digital processing products worldwide. It provides integrated circuits (ICs) and discrete semiconductors. NXP Semiconductor has a market cap of $8.2 billion and is part of the technology sector. Shares are up 24.8% year to date as of the close of trading on Tuesday. Currently there are 8 analysts that rate NXP Semiconductor a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates NXP Semiconductor as a sell. Among the areas we feel are negative, one of the most important has been very high debt management risk by most measures. Get the full NXP Semiconductor 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, Analog Devices ( ADI) is up $0.34 (0.7%) to $48.86 on light volume. Thus far, 500,317 shares of Analog Devices exchanged hands as compared to its average daily volume of 2.1 million shares. The stock has ranged in price between $48.48-$48.93 after having opened the day at $48.57 as compared to the previous trading day's close of $48.52.

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 $14.9 billion and is part of the technology sector. Shares are up 15.1% year to date as of the close of trading on Tuesday. Currently there are 11 analysts that rate Analog Devices a buy, no analysts rate it a sell, and 10 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 solid stock price performance, increase in net income, largely solid financial position with reasonable debt levels by most measures, good cash flow from operations 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.

1. As of noon trading, Eaton Corporation ( ETN) is up $0.46 (0.7%) to $66.96 on light volume. Thus far, 964,062 shares of Eaton Corporation exchanged hands as compared to its average daily volume of 3.2 million shares. The stock has ranged in price between $66.91-$67.49 after having opened the day at $66.99 as compared to the previous trading day's close of $66.50.

Eaton Corporation plc operates as a diversified power management company worldwide. The company operates through Electrical Americas, Electrical Rest of World, Cooper, Hydraulics, Aerospace, Truck, and Automotive segments. Eaton Corporation has a market cap of $32.3 billion and is part of the technology sector. Shares are up 22.7% year to date as of the close of trading on Tuesday. Currently there are 12 analysts that rate Eaton Corporation a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates Eaton Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, reasonable valuation levels, good cash flow from operations and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Eaton 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.

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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