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.

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