Today's Stocks Driving Success For The Electronics Industry

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 down today with the Dow Jones Industrial Average ( ^DJI) trading down 84 points (-0.5%) at 15,367 as of Wednesday, Aug. 14, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,073 issues advancing vs. 1,847 declining with 114 unchanged.

The Electronics industry currently sits up 0.1% versus the S&P 500, which is down 0.3%. A company within the industry that increased today was Intel ( INTC), up 0.8%. On the negative front, top decliners within the industry include Agilent Technologies ( A), down 0.9%, and Taiwan Semiconductor Manufacturing ( TSM), down 0.8%.

TheStreet would like to highlight 3 stocks pushing the industry higher today:

3. NXP Semiconductor ( NXPI) is one of the companies pushing the Electronics industry higher today. As of noon trading, NXP Semiconductor is up $0.65 (1.8%) to $36.45 on light volume. Thus far, 770,896 shares of NXP Semiconductor exchanged hands as compared to its average daily volume of 2.3 million shares. The stock has ranged in price between $35.50-$36.45 after having opened the day at $35.72 as compared to the previous trading day's close of $35.80.

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 $9.0 billion and is part of the technology sector. Shares are up 36.0% 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 hold. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income and impressive record of earnings per share growth. However, as a counter to these strengths, we find that the company has favored debt over equity in the management of its balance sheet. Get the full NXP Semiconductor Ratings Report now.

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2. As of noon trading, NVIDIA Corporation ( NVDA) is up $0.58 (4.0%) to $15.00 on heavy volume. Thus far, 9.5 million shares of NVIDIA Corporation exchanged hands as compared to its average daily volume of 8.6 million shares. The stock has ranged in price between $14.38-$15.07 after having opened the day at $14.39 as compared to the previous trading day's close of $14.42.

NVIDIA Corporation, a visual computing company, develops graphics chips for use in personal computers (PC), mobile devices, and supercomputers. The company operates through two segments, GPU and Tegra Processors. NVIDIA Corporation has a market cap of $8.3 billion and is part of the technology sector. Shares are up 17.6% year to date as of the close of trading on Tuesday. Currently there are 6 analysts that rate NVIDIA Corporation a buy, 2 analysts rate it a sell, and 18 rate it a hold.

TheStreet Ratings rates NVIDIA Corporation 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, notable return on equity, reasonable valuation levels, 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 weak growth in earnings per share. Get the full NVIDIA 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, ASML ( ASML) is up $1.30 (1.4%) to $93.36 on light volume. Thus far, 306,269 shares of ASML exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $92.71-$93.46 after having opened the day at $92.86 as compared to the previous trading day's close of $92.06.

ASML Holding NV engages in designing, manufacturing, marketing, and servicing semiconductor processing equipment used in the fabrication of integrated circuits or chips worldwide. ASML has a market cap of $40.5 billion and is part of the technology sector. Shares are up 43.0% year to date as of the close of trading on Tuesday. Currently there are 8 analysts that rate ASML a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates ASML 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, good cash flow from operations, solid stock price performance 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 ASML 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 3 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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