5 Stocks Raising The Electronics Industry Higher

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 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.

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, Avago Technologies ( AVGO) is up $0.37 (0.8%) to $47.33 on light volume. Thus far, 737,466 shares of Avago Technologies exchanged hands as compared to its average daily volume of 2.5 million shares. The stock has ranged in price between $46.55-$47.54 after having opened the day at $47.09 as compared to the previous trading day's close of $46.96.

Avago Technologies Limited engages in the design, development, and supply of analog semiconductor devices with a focus on III-V based products. Avago Technologies has a market cap of $11.8 billion and is part of the technology sector. The company has a P/E ratio of 16.5, below the S&P 500 P/E ratio of 17.7. Shares are up 50.4% year to date as of the close of trading on Friday. Currently there are 10 analysts that rate Avago Technologies a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Avago 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, solid stock price performance, increase in net income and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Avago 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.

3. As of noon trading, Emerson Electric ( EMR) is up $0.35 (0.5%) to $67.53 on light volume. Thus far, 676,605 shares of Emerson Electric exchanged hands as compared to its average daily volume of 2.8 million shares. The stock has ranged in price between $67.22-$67.63 after having opened the day at $67.29 as compared to the previous trading day's close of $67.18.

Emerson Electric Co., a diversified technology company, designs and supplies products and technology, and delivers engineering services and solutions to the industrial, commercial, and consumer markets worldwide. Emerson Electric has a market cap of $46.8 billion and is part of the industrial goods sector. The company has a P/E ratio of 24.1, above the S&P 500 P/E ratio of 17.7. Shares are up 25.5% year to date as of the close of trading on Friday. Currently there are 4 analysts that rate Emerson Electric a buy, no analysts rate it a sell, and 14 rate it a hold.

TheStreet Ratings rates Emerson Electric 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, revenue growth, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Emerson Electric 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, Broadcom Corporation ( BRCM) is up $0.19 (0.7%) to $27.72 on light volume. Thus far, 2.5 million shares of Broadcom Corporation exchanged hands as compared to its average daily volume of 8.9 million shares. The stock has ranged in price between $27.52-$27.78 after having opened the day at $27.54 as compared to the previous trading day's close of $27.53.

Broadcom Corporation provides semiconductor solutions for wired and wireless communications. Its products offer voice, video, data, and multimedia connectivity in the home, office, and mobile environments. Broadcom Corporation has a market cap of $14.1 billion and is part of the technology sector. The company has a P/E ratio of 31.4, above the S&P 500 P/E ratio of 17.7. Shares are down 17.8% year to date as of the close of trading on Friday. Currently there are 21 analysts that rate Broadcom Corporation a buy, 1 analyst rates it a sell, and 11 rate it a hold.

TheStreet Ratings rates Broadcom Corporation as a hold. 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 and increase in net income. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and a generally disappointing performance in the stock itself. Get the full Broadcom 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 $0.96 (4.3%) to $23.27 on average volume. Thus far, 27.3 million shares of Micron Technology exchanged hands as compared to its average daily volume of 45.1 million shares. The stock has ranged in price between $22.60-$23.42 after having opened the day at $22.66 as compared to the previous trading day's close of $22.31.

Micron Technology, Inc., together with its subsidiaries, manufactures and markets semiconductor solutions worldwide. Micron Technology has a market cap of $22.8 billion and is part of the technology sector. The company has a P/E ratio of 19.2, above the S&P 500 P/E ratio of 17.7. Shares are up 241.5% year to date as of the close of trading on Friday. Currently there are 13 analysts that rate Micron Technology a buy, 2 analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Micron Technology as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and attractive valuation levels. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. 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).

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