4 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.

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 14 points (0.1%) at 14,951 as of Friday, Sept. 6, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,968 issues advancing vs. 907 declining with 132 unchanged.

The Electronics industry currently sits up 0.1% versus the S&P 500, which is up 0.2%. Top gainers within the industry include Intel ( INTC), up 0.5%, and Emerson Electric ( EMR), up 0.4%. On the negative front, top decliners within the industry include Garmin ( GRMN), down 1.1%, Taiwan Semiconductor Manufacturing ( TSM), down 0.8%, Kyocera Corporation ( KYO), down 0.9% and Texas Instruments ( TXN), down 0.6%.

TheStreet would like to highlight 4 stocks pushing the industry higher today:

4. STMicroelectronics ( STM) is one of the companies pushing the Electronics industry higher today. As of noon trading, STMicroelectronics is up $0.12 (1.4%) to $8.47 on average volume. Thus far, 487,892 shares of STMicroelectronics exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $8.39-$8.51 after having opened the day at $8.48 as compared to the previous trading day's close of $8.35.

STMicroelectronics N.V. engages in the design, development, manufacture, and marketing of various semiconductor integrated circuits and discrete devices worldwide. STMicroelectronics has a market cap of $7.3 billion and is part of the technology sector. Shares are up 15.3% year to date as of the close of trading on Thursday. Currently there is 1 analyst that rates STMicroelectronics a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates STMicroelectronics as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and feeble growth in the company's earnings per share. Get the full STMicroelectronics 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, ABB ( ABB) is up $0.28 (1.3%) to $22.27 on average volume. Thus far, 625,418 shares of ABB exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $22.06-$22.33 after having opened the day at $22.19 as compared to the previous trading day's close of $21.99.

ABB Ltd provides power and automation technologies for utility and industrial customers worldwide. ABB has a market cap of $50.5 billion and is part of the industrial goods sector. Shares are up 5.8% year to date as of the close of trading on Thursday. Currently there are 5 analysts that rate ABB a buy, 1 analyst rates it a sell, and 1 rates it a hold.

TheStreet Ratings rates ABB as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance and reasonable valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full ABB 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, Advanced Micro Devices ( AMD) is up $0.14 (4.2%) to $3.56 on average volume. Thus far, 18.7 million shares of Advanced Micro Devices exchanged hands as compared to its average daily volume of 28.0 million shares. The stock has ranged in price between $3.43-$3.58 after having opened the day at $3.54 as compared to the previous trading day's close of $3.41.

Advanced Micro Devices, Inc. operates as a semiconductor company worldwide. It operates in two segments, Computing Solutions and Graphics. Advanced Micro Devices has a market cap of $2.4 billion and is part of the technology sector. Shares are up 42.1% year to date as of the close of trading on Thursday. Currently there are 7 analysts that rate Advanced Micro Devices a buy, 3 analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates Advanced Micro Devices as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, weak operating cash flow, generally high debt management risk and generally disappointing historical performance in the stock itself. Get the full Advanced Micro 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.

1. As of noon trading, Eaton Corporation ( ETN) is up $0.40 (0.6%) to $65.84 on average volume. Thus far, 1.2 million shares of Eaton Corporation exchanged hands as compared to its average daily volume of 2.8 million shares. The stock has ranged in price between $64.57-$66.25 after having opened the day at $65.61 as compared to the previous trading day's close of $65.44.

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 $30.8 billion and is part of the technology sector. Shares are up 20.8% year to date as of the close of trading on Thursday. 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 robust revenue growth, solid stock price performance, reasonable valuation levels, expanding profit margins and good cash flow from operations. 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.

If you are interested in one of these 4 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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