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.

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 18 points (-0.1%) at 15,776 as of Monday, Feb. 10, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,409 issues advancing vs. 1,532 declining with 144 unchanged.

The Electronics industry currently sits up 0.5% versus the S&P 500, which is down 0.1%. Top gainers within the industry include Supertex ( SUPX), up 35.3%, InvenSense ( INVN), up 4.9%, Semiconductor Manufacturing International C ( SMI), up 3.3%, Atmel Corporation ( ATML), up 2.9% and Maxim Integrated Products ( MXIM), up 2.2%. On the negative front, top decliners within the industry include Garmin ( GRMN), down 2.0%, Acuity Brands ( AYI), down 1.7%, Kyocera Corporation ( KYO), down 1.4% and Ametek ( AME), down 0.7%.

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

5. First Solar ( FSLR) is one of the companies pushing the Electronics industry higher today. As of noon trading, First Solar is up $0.88 (1.8%) to $50.71 on light volume. Thus far, 1.3 million shares of First Solar exchanged hands as compared to its average daily volume of 3.7 million shares. The stock has ranged in price between $49.70-$51.08 after having opened the day at $49.97 as compared to the previous trading day's close of $49.83.

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 $4.8 billion and is part of the technology sector. Shares are down 8.8% year-to-date as of the close of trading on Friday. Currently there are 2 analysts who rate First Solar a buy, 2 analysts rate it a sell, and 8 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.

4. As of noon trading, Corning ( GLW) is up $0.09 (0.5%) to $18.45 on average volume. Thus far, 4.6 million shares of Corning exchanged hands as compared to its average daily volume of 11.3 million shares. The stock has ranged in price between $18.27-$18.54 after having opened the day at $18.32 as compared to the previous trading day's close of $18.36.

Corning Incorporated produces and sells specialty glasses, ceramics, and related materials worldwide. It operates through five segments: Display Technologies, Telecommunications, Environmental Technologies, Specialty Materials, and Life Sciences. Corning has a market cap of $26.2 billion and is part of the technology sector. Shares are up 3.0% year-to-date as of the close of trading on Friday. Currently there are 7 analysts who rate Corning a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates Corning as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, increase in net income, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. 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 Corning 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, Texas Instruments ( TXN) is up $0.30 (0.7%) to $42.25 on light volume. Thus far, 1.7 million shares of Texas Instruments exchanged hands as compared to its average daily volume of 5.7 million shares. The stock has ranged in price between $41.89-$42.32 after having opened the day at $41.97 as compared to the previous trading day's close of $41.95.

Texas Instruments Incorporated engages in the design, manufacture, sale of semiconductors to electronics designers and manufacturers worldwide. The company operates in four segments: Analog, Embedded Processing, Wireless, and Other. Texas Instruments has a market cap of $45.1 billion and is part of the technology sector. Shares are down 6.1% year-to-date as of the close of trading on Friday. Currently there are 6 analysts who rate Texas Instruments a buy, 3 analysts rate it a sell, and 18 rate it a hold.

TheStreet Ratings rates Texas Instruments as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and notable return on equity. 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 Texas Instruments 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 $2.48 (3.5%) to $73.79 on average volume. Thus far, 2.5 million shares of SolarCity exchanged hands as compared to its average daily volume of 4.4 million shares. The stock has ranged in price between $72.65-$75.29 after having opened the day at $72.75 as compared to the previous trading day's close of $71.31.

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 $5.7 billion and is part of the technology sector. Shares are up 25.5% year-to-date as of the close of trading on Friday. Currently there are 3 analysts who rate SolarCity a buy, no analysts rate it a sell, and 4 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, Micron Technology ( MU) is up $0.39 (1.6%) to $24.90 on average volume. Thus far, 17.5 million shares of Micron Technology exchanged hands as compared to its average daily volume of 38.7 million shares. The stock has ranged in price between $24.57-$25.24 after having opened the day at $24.64 as compared to the previous trading day's close of $24.51.

Micron Technology, Inc., together with its subsidiaries, manufactures and markets semiconductor solutions worldwide. Micron Technology has a market cap of $25.6 billion and is part of the technology sector. Shares are up 10.8% year-to-date as of the close of trading on Friday. Currently there are 11 analysts who rate Micron Technology a buy, 3 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 robust revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and notable return on equity. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. 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).
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