Electronics Stocks On The Rise With Help From 5 Stocks

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 34 points (-0.2%) at 15,991 as of Tuesday, Dec. 10, 2013, 11:45 AM ET. The NYSE advances/declines ratio sits at 1,256 issues advancing vs. 1,637 declining with 176 unchanged.

The Electronics industry currently sits up 0.1% versus the S&P 500, which is down 0.2%. Top gainers within the industry include SunPower Corporation ( SPWR), up 5.2%, First Solar ( FSLR), up 2.7%, CGG ( CGG), up 2.5%, NVIDIA Corporation ( NVDA), up 2.4% and Broadcom Corporation ( BRCM), up 2.3%. On the negative front, top decliners within the industry include Methode Electronics ( MEI), down 7.3%, Avago Technologies ( AVGO), down 1.2% and ABB ( ABB), down 0.8%.

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

5. Rambus ( RMBS) is one of the companies pushing the Electronics industry higher today. As of noon trading, Rambus is up $1.54 (18.1%) to $10.07 on heavy volume. Thus far, 5.2 million shares of Rambus exchanged hands as compared to its average daily volume of 790,000 shares. The stock has ranged in price between $9.25-$10.57 after having opened the day at $9.30 as compared to the previous trading day's close of $8.53.

Rambus Inc. invents, develops, offers, and licenses technology solutions. The company also develops products and services in security, light-emitting diodes lighting and displays, and immersive mobile media. Rambus has a market cap of $967.0 million and is part of the technology sector. Shares are up 76.2% year to date as of the close of trading on Monday. Currently there are 2 analysts that rate Rambus a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Rambus 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 the company's return on equity has been disappointing. Get the full Rambus 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, STMicroelectronics ( STM) is up $0.35 (4.7%) to $7.78 on light volume. Thus far, 419,035 shares of STMicroelectronics exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $7.56-$7.80 after having opened the day at $7.57 as compared to the previous trading day's close of $7.43.

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 $6.7 billion and is part of the technology sector. Shares are up 2.6% year to date as of the close of trading on Monday. Currently there is 1 analyst that rates STMicroelectronics a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates STMicroelectronics as a hold. The company's strengths can be seen in multiple areas, such as its increase in net income, largely solid financial position with reasonable debt levels by most measures and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and weak operating cash flow. 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.

3. As of noon trading, Advanced Micro Devices ( AMD) is up $0.12 (3.3%) to $3.75 on average volume. Thus far, 15.8 million shares of Advanced Micro Devices exchanged hands as compared to its average daily volume of 27.6 million shares. The stock has ranged in price between $3.60-$3.78 after having opened the day at $3.63 as compared to the previous trading day's close of $3.63.

Advanced Micro Devices, Inc. operates as a semiconductor company worldwide. It operates in two segments, Computing Solutions and Graphics. Advanced Micro Devices has a market cap of $2.6 billion and is part of the technology sector. Shares are up 52.5% year to date as of the close of trading on Monday. Currently there are 7 analysts that rate Advanced Micro Devices a buy, 3 analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Advanced Micro Devices as a sell. The company's weaknesses can be seen in multiple areas, such as its disappointing return on equity and generally high debt management risk. Get the full Advanced Micro 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, Canadian Solar ( CSIQ) is up $1.71 (6.3%) to $28.65 on average volume. Thus far, 2.3 million shares of Canadian Solar exchanged hands as compared to its average daily volume of 3.8 million shares. The stock has ranged in price between $26.10-$28.65 after having opened the day at $26.50 as compared to the previous trading day's close of $26.94.

Canadian Solar Inc., together with its subsidiaries, engages in the design, development, manufacture, and sale of solar power products worldwide. The company offers solar wafers, cells, and solar module products that convert sunlight into electricity for various uses. Canadian Solar has a market cap of $1.3 billion and is part of the technology sector. Shares are up 710.9% year to date as of the close of trading on Monday. Currently there are 2 analysts that rate Canadian Solar a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Canadian Solar 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 also find weaknesses including generally higher debt management risk and poor profit margins. Get the full Canadian Solar 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, Corning ( GLW) is up $0.19 (1.1%) to $17.21 on light volume. Thus far, 4.4 million shares of Corning exchanged hands as compared to its average daily volume of 13.9 million shares. The stock has ranged in price between $17.02-$17.37 after having opened the day at $17.02 as compared to the previous trading day's close of $17.02.

Corning Incorporated produces and sells specialty glasses, ceramics, and related materials worldwide. It operates through five segments: Display Technologies, Telecommunications, Environmental Technologies, Specialty Materials, and Life Sciences. Corning has a market cap of $24.8 billion and is part of the technology sector. The company has a P/E ratio of 14.1, below the S&P 500 P/E ratio of 17.7. Shares are up 34.9% year to date as of the close of trading on Monday. Currently there are 7 analysts that rate Corning a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates Corning 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 sub par growth in net income. Get the full Corning 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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