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.

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