4 Stocks Advancing 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 112 points (-0.7%) at 15,897 as of Tuesday, Dec. 3, 2013, 11:45 AM ET. The NYSE advances/declines ratio sits at 970 issues advancing vs. 1,886 declining with 143 unchanged.

The Electronics industry currently sits down 0.2% versus the S&P 500, which is down 0.4%. A company within the industry that increased today was Micron Technology ( MU), up 1.8%. On the negative front, top decliners within the industry include ABB ( ABB), down 1.4%, Kyocera Corporation ( KYO), down 1.0% and Intel ( INTC), down 0.9%.

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

4. Linear Technology ( LLTC) is one of the companies pushing the Electronics industry higher today. As of noon trading, Linear Technology is up $0.63 (1.5%) to $43.09 on heavy volume. Thus far, 1.9 million shares of Linear Technology exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $42.54-$43.45 after having opened the day at $42.81 as compared to the previous trading day's close of $42.46.

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 $10.0 billion and is part of the technology sector. The company has a P/E ratio of 24.7, above the S&P 500 P/E ratio of 17.7. Shares are up 24.1% year to date as of the close of trading on Monday. 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 revenue growth, increase in net income, largely solid financial position with reasonable debt levels by most measures, solid stock price performance and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Linear Technology Ratings Report now.

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3. As of noon trading, Analog Devices ( ADI) is up $0.80 (1.6%) to $49.20 on heavy volume. Thus far, 2.0 million shares of Analog Devices exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $48.40-$49.50 after having opened the day at $48.40 as compared to the previous trading day's close of $48.40.

Analog Devices, Inc. engages in the design, manufacture, and marketing of analog, mixed-signal, and digital signal processing integrated circuits (ICs) for use in industrial, automotive, consumer, and communication markets worldwide. Analog Devices has a market cap of $15.0 billion and is part of the technology sector. The company has a P/E ratio of 22.5, above the S&P 500 P/E ratio of 17.7. Shares are up 15.1% year to date as of the close of trading on Monday. Currently there are 9 analysts that rate Analog Devices a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Analog Devices as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, largely solid financial position with reasonable debt levels by most measures, 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 Analog 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.

2. As of noon trading, Lam Research Corporation ( LRCX) is up $0.81 (1.6%) to $52.30 on average volume. Thus far, 826,942 shares of Lam Research Corporation exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $51.27-$52.83 after having opened the day at $51.51 as compared to the previous trading day's close of $51.49.

Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits. The company offers plasma etch products that remove materials from the wafer to create the features and patterns of a device. Lam Research Corporation has a market cap of $8.5 billion and is part of the technology sector. The company has a P/E ratio of 45.7, above the S&P 500 P/E ratio of 17.7. Shares are up 42.5% year to date as of the close of trading on Monday. Currently there are 13 analysts that rate Lam Research Corporation a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Lam Research Corporation 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, 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 Lam Research 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, Taiwan Semiconductor Manufacturing ( TSM) is up $0.19 (1.1%) to $17.59 on average volume. Thus far, 5.7 million shares of Taiwan Semiconductor Manufacturing exchanged hands as compared to its average daily volume of 9.8 million shares. The stock has ranged in price between $17.43-$17.70 after having opened the day at $17.44 as compared to the previous trading day's close of $17.40.

Taiwan Semiconductor Manufacturing Company Limited engages in the computer-aided design, manufacture, packaging, testing, sale, and marketing of integrated circuits and other semiconductor devices. Taiwan Semiconductor Manufacturing has a market cap of $91.9 billion and is part of the technology sector. The company has a P/E ratio of 16.9, below the S&P 500 P/E ratio of 17.7. Shares are up 3.3% year to date as of the close of trading on Monday. Currently there are 2 analysts that rate Taiwan Semiconductor Manufacturing a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Taiwan Semiconductor Manufacturing 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, good cash flow from operations and growth in earnings per share. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Taiwan Semiconductor Manufacturing 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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