5 Stocks Raising The Electronics Industry Higher

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All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 15 points (0.1%) at 16,035 as of Monday, Dec. 9, 2013, 11:45 AM ET. The NYSE advances/declines ratio sits at 1,480 issues advancing vs. 1,397 declining with 175 unchanged.

The Electronics industry currently sits down 0.3% versus the S&P 500, which is up 0.3%. Top gainers within the industry include Skyworks Solutions ( SWKS), up 2.1%, Garmin ( GRMN), up 1.3% and Kyocera Corporation ( KYO), up 1.3%.

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

5. ASML ( ASML) is one of the companies pushing the Electronics industry higher today. As of noon trading, ASML is up $0.63 (0.7%) to $92.08 on light volume. Thus far, 342,444 shares of ASML exchanged hands as compared to its average daily volume of 1.0 million shares. The stock has ranged in price between $91.95-$92.85 after having opened the day at $92.41 as compared to the previous trading day's close of $91.45.

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 $40.4 billion and is part of the technology sector. Shares are up 42.0% year to date as of the close of trading on Friday. Currently there are 9 analysts that rate ASML a buy, 1 analyst rates it a sell, and 3 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, 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.

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