Today's Top Performers In Electronics

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 27 points (0.2%) at 15,548 as of Wednesday, July 31, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,364 issues advancing vs. 1,544 declining with 117 unchanged.

The Electronics industry currently sits up 0.1% versus the S&P 500, which is up 0.3%. Top gainers within the industry include InvenSense ( INVN), up 12.1%, Intersil Corporation ( ISIL), up 6.6%, Garmin ( GRMN), up 5.8%, Marvell Technology Group ( MRVL), up 2.9% and WEX ( WEX), up 2.4%. On the negative front, top decliners within the industry include Aixtron SE NA ( AIXG), down 3.2%, Advantest ( ATE), down 2.2%, Semiconductor Manufacturing International C ( SMI), down 2.1% and Kyocera Corporation ( KYO), down 1.5%.

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

5. Altera ( ALTR) is one of the companies pushing the Electronics industry higher today. As of noon trading, Altera is up $0.26 (0.7%) to $35.45 on average volume. Thus far, 1.5 million shares of Altera exchanged hands as compared to its average daily volume of 3.0 million shares. The stock has ranged in price between $35.32-$35.80 after having opened the day at $35.37 as compared to the previous trading day's close of $35.19.

Altera Corporation, a semiconductor company, designs, manufactures, and markets programmable logic devices (PLD), HardCopy application-specific integrated circuit (ASIC) devices, pre-defined design building blocks, and proprietary development software. Altera has a market cap of $11.1 billion and is part of the technology sector. Shares are up 1.5% year to date as of the close of trading on Tuesday. Currently there are 9 analysts that rate Altera a buy, no analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates Altera 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, expanding profit margins, increase in stock price during the past year 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 Altera 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, Cree ( CREE) is up $0.66 (1.0%) to $69.49 on light volume. Thus far, 376,728 shares of Cree exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $69.00-$69.98 after having opened the day at $69.29 as compared to the previous trading day's close of $68.83.

Cree, Inc. develops and manufactures lighting-class light emitting diode (LED) products, lighting products, and semiconductor products for power and radio-frequency (RF) applications. Cree has a market cap of $8.0 billion and is part of the technology sector. Shares are up 99.9% year to date as of the close of trading on Tuesday. Currently there are 9 analysts that rate Cree a buy, 2 analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Cree as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, compelling growth in net income, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Cree 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, Agilent Technologies ( A) is up $0.24 (0.5%) to $45.09 on light volume. Thus far, 1.1 million shares of Agilent Technologies exchanged hands as compared to its average daily volume of 3.4 million shares. The stock has ranged in price between $44.91-$45.30 after having opened the day at $45.16 as compared to the previous trading day's close of $44.85.

Agilent Technologies, Inc. provides bio-analytical and electronic measurement solutions and services to the life sciences, chemical analysis, diagnostics and genomics, communications, and electronics industries worldwide. Agilent Technologies has a market cap of $15.6 billion and is part of the health care sector. Shares are up 9.6% year to date as of the close of trading on Tuesday. Currently there are 13 analysts that rate Agilent Technologies a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Agilent Technologies 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, reasonable valuation levels, expanding profit margins, solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Agilent Technologies 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, Xilinx ( XLNX) is up $0.32 (0.7%) to $46.56 on average volume. Thus far, 1.5 million shares of Xilinx exchanged hands as compared to its average daily volume of 3.5 million shares. The stock has ranged in price between $46.22-$46.68 after having opened the day at $46.29 as compared to the previous trading day's close of $46.24.

Xilinx, Inc. designs and develops programmable devices and associated technologies worldwide. Xilinx has a market cap of $12.1 billion and is part of the technology sector. Shares are up 28.9% year to date as of the close of trading on Tuesday. Currently there are 9 analysts that rate Xilinx a buy, no analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates Xilinx 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, expanding profit margins and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Xilinx 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, Micron Technology ( MU) is up $0.43 (3.4%) to $13.03 on average volume. Thus far, 23.5 million shares of Micron Technology exchanged hands as compared to its average daily volume of 40.8 million shares. The stock has ranged in price between $12.65-$13.23 after having opened the day at $12.67 as compared to the previous trading day's close of $12.60.

Micron Technology, Inc., together with its subsidiaries, engages in the manufacture and marketing of semiconductor devices worldwide. Micron Technology has a market cap of $12.9 billion and is part of the technology sector. Shares are up 96.7% year to date as of the close of trading on Tuesday. Currently there are 14 analysts that rate Micron Technology a buy, 2 analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Micron Technology as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and compelling growth in net income. However, as a counter to these strengths, we find that we feel that the company's cash flow from its operations has been weak overall. Get the full Micron 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.

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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