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.

If you liked this article you might like

Apple's European Suppliers See Their Stocks Pop Ahead of $1000 iPhone X Reveal

NXP Investors Stand to Gain Nicely From a Chip-Stock Rally and Qualcomm's Desperation

NXP Investors Stand to Gain From a Chip-Stock Rally and Qualcomm's Desperation