5 Electronics Stocks On The Rise

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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.

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