Electronics Stocks On The Rise With Help From 4 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 3 points (0.0%) at 16,165 as of Thursday, Dec. 19, 2013, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,090 issues advancing vs. 1,843 declining with 148 unchanged.

The Electronics industry currently sits down 0.2% versus the S&P 500, which is down 0.2%. Top gainers within the industry include CSR ( CSRE), up 5.1%, ABB ( ABB), up 1.0%, ASML ( ASML), up 0.8% and Micron Technology ( MU), up 0.8%. On the negative front, top decliners within the industry include Semtech Corporation ( SMTC), down 13.1%, LG.Display Company ( LPL), down 3.1%, Maxim Integrated Products ( MXIM), down 2.4%, STMicroelectronics ( STM), down 2.0% and Linear Technology ( LLTC), down 1.4%.

TheStreet would like to highlight 4 stocks pushing the industry higher today:

4. Jabil Circuit ( JBL) is one of the companies pushing the Electronics industry higher today. As of noon trading, Jabil Circuit is up $0.44 (2.8%) to $16.10 on heavy volume. Thus far, 7.4 million shares of Jabil Circuit exchanged hands as compared to its average daily volume of 2.9 million shares. The stock has ranged in price between $15.70-$16.58 after having opened the day at $15.76 as compared to the previous trading day's close of $15.67.

Jabil Circuit, Inc., together with its subsidiaries, provides electronic manufacturing services and solutions worldwide. The company operates in three segments: Diversified Manufacturing Services, Enterprise & Infrastructure, and High Velocity Systems. Jabil Circuit has a market cap of $4.0 billion and is part of the technology sector. The company has a P/E ratio of 11.7, below the S&P 500 P/E ratio of 17.7. Shares are up 2.2% year to date as of the close of trading on Wednesday. Currently there are 6 analysts that rate Jabil Circuit a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Jabil Circuit as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, attractive valuation levels, growth in earnings per share and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Jabil Circuit 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, Himax Technologies ( HIMX) is up $0.73 (6.0%) to $12.79 on average volume. Thus far, 6.0 million shares of Himax Technologies exchanged hands as compared to its average daily volume of 8.1 million shares. The stock has ranged in price between $11.92-$12.82 after having opened the day at $11.99 as compared to the previous trading day's close of $12.06.

Himax Technologies, Inc. designs, develops, and markets semiconductors for flat panel displays. The company operates in two segments, Driver IC and Non-Driver Products. Himax Technologies has a market cap of $2.1 billion and is part of the technology sector. The company has a P/E ratio of 30.3, above the S&P 500 P/E ratio of 17.7. Shares are up 402.5% year to date as of the close of trading on Wednesday. Currently there are 4 analysts that rate Himax Technologies a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Himax 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, notable return on equity, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Himax 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.

2. As of noon trading, SunPower Corporation ( SPWR) is up $0.92 (3.2%) to $29.60 on light volume. Thus far, 1.2 million shares of SunPower Corporation exchanged hands as compared to its average daily volume of 3.5 million shares. The stock has ranged in price between $28.28-$29.88 after having opened the day at $28.43 as compared to the previous trading day's close of $28.68.

SunPower Corporation, an integrated solar products and solutions company, designs, manufactures, and delivers solar electric systems for residential, commercial, and utility-scale power plant customers worldwide. SunPower Corporation has a market cap of $3.5 billion and is part of the technology sector. Shares are up 410.9% year to date as of the close of trading on Wednesday. Currently there are 4 analysts that rate SunPower Corporation a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates SunPower Corporation as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and impressive record of earnings per share growth. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. Get the full SunPower 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, First Solar ( FSLR) is up $1.46 (2.6%) to $56.88 on light volume. Thus far, 1.7 million shares of First Solar exchanged hands as compared to its average daily volume of 5.3 million shares. The stock has ranged in price between $54.70-$57.23 after having opened the day at $55.05 as compared to the previous trading day's close of $55.42.

First Solar, Inc. provides solar energy solutions. It operates in two segments, Components and Systems. The Components segment engages in the design, manufacture, and sale of solar modules that convert sunlight into electricity. First Solar has a market cap of $5.5 billion and is part of the technology sector. The company has a P/E ratio of 11.4, below the S&P 500 P/E ratio of 17.7. Shares are up 79.6% year to date as of the close of trading on Wednesday. Currently there are 2 analysts that rate First Solar a buy, 2 analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates First Solar as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. Get the full First 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.

If you are interested in one of these 4 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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