5 Stocks Improving Performance Of 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 27 points (-0.2%) at 15,858 as of Tuesday, Dec. 17, 2013, 11:55 AM ET. The NYSE advances/declines ratio sits at 997 issues advancing vs. 1,953 declining with 153 unchanged.

The Electronics industry currently sits up 0.4% versus the S&P 500, which is down 0.5%. Top gainers within the industry include Avago Technologies ( AVGO), up 6.5%, Curtiss-Wright Corporation ( CW), up 5.1%, Advanced Semiconductor Engineering ( ASX), up 4.5%, Agilent Technologies ( A), up 2.2% and Lam Research Corporation ( LRCX), up 1.7%. On the negative front, top decliners within the industry include CGG ( CGG), down 16.9%, Siliconware Precision Industries ( SPIL), down 2.1% and Kyocera Corporation ( KYO), down 1.6%.

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

5. Applied Materials ( AMAT) is one of the companies pushing the Electronics industry higher today. As of noon trading, Applied Materials is up $0.20 (1.2%) to $16.86 on light volume. Thus far, 3.0 million shares of Applied Materials exchanged hands as compared to its average daily volume of 13.0 million shares. The stock has ranged in price between $16.62-$16.91 after having opened the day at $16.63 as compared to the previous trading day's close of $16.66.

Applied Materials, Inc. provides manufacturing equipment, services, and software to the semiconductor, flat panel display, solar photovoltaic (PV), and related industries worldwide. Applied Materials has a market cap of $20.1 billion and is part of the technology sector. The company has a P/E ratio of 79.5, above the S&P 500 P/E ratio of 17.7. Shares are up 45.6% year to date as of the close of trading on Monday. Currently there are 7 analysts that rate Applied Materials a buy, 1 analyst rates it a sell, and 7 rate it a hold.

TheStreet Ratings rates Applied Materials 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 impressive record of earnings per share growth. However, as a counter to these strengths, we find that we feel that the company's cash flow from its operations has been weak overall. Get the full Applied Materials Ratings Report now.

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