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.

One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading up 93 points (0.6%) at 15,285 as of Wednesday, Sept. 11, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,438 issues advancing vs. 1,461 declining with 119 unchanged.

The Electronics industry currently sits down 0.2% versus the S&P 500, which is up 0.1%. Top gainers within the industry include Garmin ( GRMN), up 1.7%, Waters Corporation ( WAT), up 1.0%, ABB ( ABB), up 0.8% and Agilent Technologies ( A), up 0.6%. On the negative front, top decliners within the industry include ReneSola ( SOL), down 19.4%, SunEdison ( SUNE), down 5.3%, Cirrus Logic ( CRUS), down 4.7%, LG.Display Company ( LPL), down 3.3% and Semiconductor Manufacturing International C ( SMI), down 3.2%.

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

5. Himax Technologies ( HIMX) is one of the companies pushing the Electronics industry higher today. As of noon trading, Himax Technologies is up $0.52 (6.1%) to $8.99 on heavy volume. Thus far, 14.2 million shares of Himax Technologies exchanged hands as compared to its average daily volume of 8.2 million shares. The stock has ranged in price between $8.55-$9.15 after having opened the day at $8.62 as compared to the previous trading day's close of $8.47.

Himax Technologies, Inc. designs, develops, and markets semiconductors for flat panel displays. The company operates in two segments, Driver IC and Non-Driver Products. Himax Technologies has a market cap of $1.4 billion and is part of the technology sector. Shares are up 237.9% year to date as of the close of trading on Tuesday. Currently there are 3 analysts that rate Himax Technologies a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Himax Technologies 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, notable return on equity, solid stock price performance and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Himax 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.

4. As of noon trading, Linear Technology ( LLTC) is up $0.27 (0.7%) to $40.09 on average volume. Thus far, 739,010 shares of Linear Technology exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $39.46-$40.12 after having opened the day at $39.64 as compared to the previous trading day's close of $39.82.

Linear Technology Corporation, together with its subsidiaries, designs, manufactures, and markets a line of analog integrated circuits (ICs) worldwide. Linear Technology has a market cap of $9.1 billion and is part of the technology sector. Shares are up 13.7% year to date as of the close of trading on Tuesday. Currently there are 8 analysts that rate Linear Technology a buy, 3 analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Linear Technology as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, expanding profit margins, largely solid financial position with reasonable debt levels by most measures, solid stock price performance and notable return on equity. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Linear 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.

3. As of noon trading, Maxim Integrated Products ( MXIM) is up $0.42 (1.5%) to $29.02 on average volume. Thus far, 1.3 million shares of Maxim Integrated Products exchanged hands as compared to its average daily volume of 2.9 million shares. The stock has ranged in price between $28.47-$29.03 after having opened the day at $28.47 as compared to the previous trading day's close of $28.60.

Maxim Integrated Products, Inc. designs, develops, manufactures, and markets various linear and mixed-signal integrated circuits worldwide. The company also provides a range of high-frequency process technologies and capabilities for use in custom designs. Maxim Integrated Products has a market cap of $8.1 billion and is part of the technology sector. Shares are down 3.7% year to date as of the close of trading on Tuesday. Currently there are 8 analysts that rate Maxim Integrated Products a buy, no analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates Maxim Integrated Products 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, notable return on equity, growth in earnings per share and increase in net income. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Maxim Integrated Products 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, NVIDIA Corporation ( NVDA) is up $0.24 (1.6%) to $15.69 on average volume. Thus far, 4.9 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 $15.32-$15.70 after having opened the day at $15.43 as compared to the previous trading day's close of $15.45.

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 $8.8 billion and is part of the technology sector. Shares are up 26.0% year to date as of the close of trading on Tuesday. Currently there are 6 analysts that rate NVIDIA Corporation a buy, 1 analyst rates 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, reasonable valuation levels, expanding profit margins, notable return on equity 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, Micron Technology ( MU) is up $0.10 (0.6%) to $16.36 on average volume. Thus far, 27.7 million shares of Micron Technology exchanged hands as compared to its average daily volume of 44.0 million shares. The stock has ranged in price between $16.00-$16.54 after having opened the day at $16.30 as compared to the previous trading day's close of $16.26.

Micron Technology, Inc., together with its subsidiaries, engages in the manufacture and marketing of semiconductor devices worldwide. Micron Technology has a market cap of $16.2 billion and is part of the technology sector. Shares are up 146.3% year to date as of the close of trading on Tuesday. Currently there are 13 analysts that rate Micron Technology a buy, 1 analyst rates it a sell, and 10 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).

null

More from Markets

Oil Slumps, Gas Spikes Ahead of Holiday Weekend; Assessing the Chipmakers--ICYMI

Oil Slumps, Gas Spikes Ahead of Holiday Weekend; Assessing the Chipmakers--ICYMI

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%

Replay: Jim Cramer on the Markets, 10-Year Yield, Oil Prices and Foot Locker

Replay: Jim Cramer on the Markets, 10-Year Yield, Oil Prices and Foot Locker

Video: You Could Live in a Ritz-Carlton or St. Regis Home

Video: You Could Live in a Ritz-Carlton or St. Regis Home