Electronics Stocks On The Rise With Help From 5 Stocks

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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 15,558 as of Monday, July 22, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,691 issues advancing vs. 1,251 declining with 101 unchanged.

The Electronics industry currently sits up 0.7% versus the S&P 500, which is up 0.2%. Top gainers within the industry include Himax Technologies ( HIMX), up 35.8%, Bruker Corporation ( BRKR), up 3.7%, United Microelectronics ( UMC), up 3.1%, Trimble Navigation ( TRMB), up 3.3% and Garmin ( GRMN), up 2.5%. A company within the industry that fell today was Kyocera Corporation ( KYO), up 1.1%.

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

5. SunPower Corporation ( SPWR) is one of the companies pushing the Electronics industry higher today. As of noon trading, SunPower Corporation is up $0.97 (3.8%) to $26.48 on average volume. Thus far, 2.5 million shares of SunPower Corporation exchanged hands as compared to its average daily volume of 6.2 million shares. The stock has ranged in price between $25.40-$26.95 after having opened the day at $25.47 as compared to the previous trading day's close of $25.51.

SunPower Corporation, an integrated solar products and solutions company, designs, manufactures, and delivers solar electric systems for residential, commercial, and utility-scale power plant customers worldwide. SunPower Corporation has a market cap of $3.1 billion and is part of the technology sector. Shares are up 353.9% year to date as of the close of trading on Friday. Currently there are 4 analysts that rate SunPower Corporation a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates SunPower Corporation as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and impressive record of earnings per share growth. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. Get the full SunPower 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.

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