5 Electronics Stocks Moving The Industry Upward

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 119 points (0.7%) at 16,493 as of Wednesday, Jan. 15, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,941 issues advancing vs. 990 declining with 158 unchanged.

The Electronics industry currently sits up 1.0% versus the S&P 500, which is up 0.5%. Top gainers within the industry include Advanced Semiconductor Engineering ( ASX), up 3.4%, Avago Technologies ( AVGO), up 3.0%, Xilinx ( XLNX), up 2.2%, Altera ( ALTR), up 1.5% and Kyocera Corporation ( KYO), up 1.3%. A company within the industry that fell today was ASML ( ASML), up 1.9%.

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

5. NXP Semiconductor ( NXPI) is one of the companies pushing the Electronics industry higher today. As of noon trading, NXP Semiconductor is up $1.28 (2.9%) to $45.40 on average volume. Thus far, 1.2 million shares of NXP Semiconductor exchanged hands as compared to its average daily volume of 3.0 million shares. The stock has ranged in price between $44.42-$45.50 after having opened the day at $44.64 as compared to the previous trading day's close of $44.12.

NXP Semiconductors N.V. provides mixed signal and standard product solutions for radio frequency (RF), analog, power management, interface, security, and digital processing products worldwide. It provides integrated circuits (ICs) and discrete semiconductors. NXP Semiconductor has a market cap of $10.6 billion and is part of the technology sector. The company has a P/E ratio of 1431.3, above the S&P 500 P/E ratio of 17.7. Shares are down 3.9% year-to-date as of the close of trading on Tuesday. Currently there are 10 analysts who rate NXP Semiconductor a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates NXP Semiconductor as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income and good cash flow from operations. However, as a counter to these strengths, we find that the company has favored debt over equity in the management of its balance sheet. Get the full NXP Semiconductor Ratings Report now.

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4. As of noon trading, Taiwan Semiconductor Manufacturing ( TSM) is up $0.25 (1.4%) to $17.63 on average volume. Thus far, 6.4 million shares of Taiwan Semiconductor Manufacturing exchanged hands as compared to its average daily volume of 9.7 million shares. The stock has ranged in price between $17.43-$17.70 after having opened the day at $17.48 as compared to the previous trading day's close of $17.38.

Taiwan Semiconductor Manufacturing Company Limited engages in the computer-aided design, manufacture, packaging, testing, sale, and marketing of integrated circuits and other semiconductor devices. Taiwan Semiconductor Manufacturing has a market cap of $87.7 billion and is part of the technology sector. The company has a P/E ratio of 16.1, below the S&P 500 P/E ratio of 17.7. Shares are down 0.3% year-to-date as of the close of trading on Tuesday. Currently there are 2 analysts who rate Taiwan Semiconductor Manufacturing a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Taiwan Semiconductor Manufacturing 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 growth in earnings per share. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Taiwan Semiconductor Manufacturing 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, Applied Materials ( AMAT) is up $0.30 (1.7%) to $17.93 on average volume. Thus far, 4.5 million shares of Applied Materials exchanged hands as compared to its average daily volume of 10.0 million shares. The stock has ranged in price between $17.69-$17.94 after having opened the day at $17.72 as compared to the previous trading day's close of $17.63.

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 $20.9 billion and is part of the technology sector. The company has a P/E ratio of 82.5, above the S&P 500 P/E ratio of 17.7. Shares are down 0.3% year-to-date as of the close of trading on Tuesday. Currently there are 7 analysts who 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.

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, SolarCity ( SCTY) is up $3.31 (5.0%) to $68.86 on average volume. Thus far, 3.6 million shares of SolarCity exchanged hands as compared to its average daily volume of 4.9 million shares. The stock has ranged in price between $66.62-$69.50 after having opened the day at $67.94 as compared to the previous trading day's close of $65.55.

SolarCity Corporation engages in the design, installation, and sale or lease of solar energy systems to residential and commercial customers, and government entities in the United States. SolarCity has a market cap of $5.2 billion and is part of the technology sector. Shares are up 15.4% year-to-date as of the close of trading on Tuesday. Currently there are 3 analysts who rate SolarCity a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates SolarCity as a sell. Among the areas we feel are negative, one of the most important has been very high debt management risk by most measures. Get the full SolarCity 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, Intel ( INTC) is up $0.22 (0.8%) to $26.72 on heavy volume. Thus far, 27.7 million shares of Intel exchanged hands as compared to its average daily volume of 30.9 million shares. The stock has ranged in price between $26.65-$26.91 after having opened the day at $26.72 as compared to the previous trading day's close of $26.51.

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 $126.8 billion and is part of the technology sector. The company has a P/E ratio of 13.8, below the S&P 500 P/E ratio of 17.7. Shares are up 2.1% year-to-date as of the close of trading on Tuesday. Currently there are 9 analysts who rate Intel a buy, 4 analysts rate it a sell, and 15 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, expanding profit margins and good cash flow from operations. 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.

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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