Today's Top Performers In Electronics

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 49 points (0.3%) at 16,344 as of Tuesday, Dec. 24, 2013, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,931 issues advancing vs. 985 declining with 162 unchanged.

The Electronics industry currently sits up 0.4% versus the S&P 500, which is up 0.2%. Top gainers within the industry include LG.Display Company ( LPL), up 1.3%, and Ametek ( AME), up 0.9%. On the negative front, top decliners within the industry include United Microelectronics ( UMC), down 2.2%, and Kyocera Corporation ( KYO), down 2.2%.

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

5. Avago Technologies ( AVGO) is one of the companies pushing the Electronics industry higher today. As of noon trading, Avago Technologies is up $0.39 (0.8%) to $52.45 on light volume. Thus far, 360,649 shares of Avago Technologies exchanged hands as compared to its average daily volume of 2.6 million shares. The stock has ranged in price between $52.24-$52.79 after having opened the day at $52.31 as compared to the previous trading day's close of $52.06.

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 $12.8 billion and is part of the technology sector. Shares are up 63.2% year to date as of the close of trading on Monday. Currently there are 10 analysts that rate Avago Technologies a buy, no analysts rate it a sell, and 3 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.

4. As of noon trading, Eaton Corporation ( ETN) is up $0.57 (0.8%) to $76.01 on light volume. Thus far, 423,518 shares of Eaton Corporation exchanged hands as compared to its average daily volume of 2.7 million shares. The stock has ranged in price between $75.17-$76.10 after having opened the day at $75.34 as compared to the previous trading day's close of $75.44.

Eaton Corporation plc operates as a diversified power management company worldwide. The company operates through Electrical Americas, Electrical Rest of World, Cooper, Hydraulics, Aerospace, Truck, and Automotive segments. Eaton Corporation has a market cap of $35.9 billion and is part of the industrial goods sector. Shares are up 39.2% year to date as of the close of trading on Monday. Currently there are 12 analysts that rate Eaton Corporation a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Eaton Corporation as a buy. 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, solid stock price performance, increase in net income and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Eaton 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.

3. As of noon trading, Broadcom Corporation ( BRCM) is up $0.27 (0.9%) to $29.30 on light volume. Thus far, 2.7 million shares of Broadcom Corporation exchanged hands as compared to its average daily volume of 9.0 million shares. The stock has ranged in price between $29.02-$29.39 after having opened the day at $29.03 as compared to the previous trading day's close of $29.03.

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 $14.8 billion and is part of the technology sector. Shares are down 14.0% year to date as of the close of trading on Monday. Currently there are 21 analysts that rate Broadcom Corporation a buy, 1 analyst rates it a sell, and 12 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.

2. As of noon trading, Intel ( INTC) is up $0.21 (0.8%) to $25.53 on light volume. Thus far, 7.6 million shares of Intel exchanged hands as compared to its average daily volume of 32.0 million shares. The stock has ranged in price between $25.38-$25.62 after having opened the day at $25.38 as compared to the previous trading day's close of $25.32.

Intel Corporation designs, manufactures, and sells integrated digital technology platforms worldwide. The company operates through PC Client Group, Data Center Group, Other Intel Architecture, Software and Services, and All Other segments. Intel has a market cap of $124.5 billion and is part of the technology sector. Shares are up 21.5% year to date as of the close of trading on Monday. Currently there are 10 analysts that rate Intel a buy, 4 analysts rate it a sell, and 16 rate it a hold.

TheStreet Ratings rates Intel 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, attractive valuation levels, good cash flow from operations 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 Intel 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 $0.30 (1.4%) to $21.79 on light volume. Thus far, 9.0 million shares of Micron Technology exchanged hands as compared to its average daily volume of 45.5 million shares. The stock has ranged in price between $21.60-$21.90 after having opened the day at $21.63 as compared to the previous trading day's close of $21.49.

Micron Technology, Inc., together with its subsidiaries, manufactures and markets semiconductor solutions worldwide. Micron Technology has a market cap of $23.4 billion and is part of the technology sector. Shares are up 249.7% year to date as of the close of trading on Monday. 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).

null

More from Markets

Dow Trades Lower as Apple's Slump Offsets Gains in General Electric

Dow Trades Lower as Apple's Slump Offsets Gains in General Electric

Could Spotify Be Next on Amazon's Wish List?

Could Spotify Be Next on Amazon's Wish List?

Sprint, T-Mobile Might Have to Do More Than Make Promises to Get Deal Approved

Sprint, T-Mobile Might Have to Do More Than Make Promises to Get Deal Approved

Skechers Slumps the Most in Two Years After Soft Guidance Overshadows Solid Q1

Skechers Slumps the Most in Two Years After Soft Guidance Overshadows Solid Q1

Video: This Is One Way Millennials Are Destroying Their Financial Future

Video: This Is One Way Millennials Are Destroying Their Financial Future