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.

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading up 26 points (0.2%) at 15,572 as of Tuesday, July 23, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,636 issues advancing vs. 1,285 declining with 117 unchanged.

The Electronics industry currently sits up 0.2% versus the S&P 500, which is down 0.1%. On the negative front, top decliners within the industry include Advanced Micro Devices ( AMD), down 5.0%, and Broadcom Corporation ( BRCM), down 3.5%.

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

5. United Microelectronics ( UMC) is one of the companies pushing the Electronics industry higher today. As of noon trading, United Microelectronics is up $0.06 (2.8%) to $2.20 on heavy volume. Thus far, 4.5 million shares of United Microelectronics exchanged hands as compared to its average daily volume of 2.3 million shares. The stock has ranged in price between $2.18-$2.21 after having opened the day at $2.20 as compared to the previous trading day's close of $2.14.

United Microelectronics Corporation provides semiconductor wafer foundry solutions. The company offers wafer manufacturing services and other solutions to address the needs of foundry customers. United Microelectronics has a market cap of $5.3 billion and is part of the technology sector. Shares are up 7.5% year to date as of the close of trading on Monday. Currently there is 1 analyst that rates United Microelectronics a buy, 1 analyst rates it a sell, and none rate it a hold.

TheStreet Ratings rates United Microelectronics 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, expanding profit margins and good cash flow from operations. 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 United Microelectronics 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, Analog Devices ( ADI) is up $0.75 (1.6%) to $48.69 on heavy volume. Thus far, 1.8 million shares of Analog Devices exchanged hands as compared to its average daily volume of 2.2 million shares. The stock has ranged in price between $48.18-$48.83 after having opened the day at $48.52 as compared to the previous trading day's close of $47.94.

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 $14.8 billion and is part of the technology sector. Shares are up 14.1% year to date as of the close of trading on Monday. Currently there are 11 analysts that rate Analog Devices a buy, no analysts rate it a sell, and 9 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.

3. As of noon trading, Taiwan Semiconductor Manufacturing ( TSM) is up $0.15 (0.9%) to $16.77 on average volume. Thus far, 7.8 million shares of Taiwan Semiconductor Manufacturing exchanged hands as compared to its average daily volume of 11.0 million shares. The stock has ranged in price between $16.77-$17.02 after having opened the day at $16.97 as compared to the previous trading day's close of $16.62.

Taiwan Semiconductor Manufacturing Company Limited engages in the computer-aided design, manufacture, packaging, testing, sale, and marketing of integrated circuits and other semiconductor devices. Taiwan Semiconductor Manufacturing has a market cap of $85.5 billion and is part of the technology sector. Shares are down 3.1% year to date as of the close of trading on Monday. Currently there are 2 analysts that rate Taiwan Semiconductor Manufacturing a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Taiwan Semiconductor Manufacturing as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. 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 Taiwan Semiconductor Manufacturing 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, Eaton Corporation ( ETN) is up $0.70 (1.0%) to $68.82 on light volume. Thus far, 991,709 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 $68.16-$69.00 after having opened the day at $68.34 as compared to the previous trading day's close of $68.12.

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 25.7% year to date as of the close of trading on Monday. Currently there are 12 analysts that rate Eaton Corporation a buy, 1 analyst rates it a sell, and 5 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.

1. As of noon trading, Texas Instruments ( TXN) is up $1.51 (4.0%) to $38.93 on heavy volume. Thus far, 15.4 million shares of Texas Instruments exchanged hands as compared to its average daily volume of 8.2 million shares. The stock has ranged in price between $38.58-$39.74 after having opened the day at $38.65 as compared to the previous trading day's close of $37.42.

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 $41.3 billion and is part of the technology sector. Shares are up 20.6% year to date as of the close of trading on Monday. 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.

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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