5 Electronics Stocks Driving The Industry Higher

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 56 points (-0.3%) at 15,939 as of Wednesday, Feb. 12, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,598 issues advancing vs. 1,323 declining with 154 unchanged.

The Electronics industry currently sits up 0.9% versus the S&P 500, which is down 0.1%. Top gainers within the industry include Trimble Navigation ( TRMB), up 12.2%, Diodes ( DIOD), up 10.4%, Skyworks Solutions ( SWKS), up 1.9%, Marvell Technology Group ( MRVL), up 1.4% and Avago Technologies ( AVGO), up 1.3%. A company within the industry that fell today was Kyocera Corporation ( KYO), up 0.6%.

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

5. Xilinx ( XLNX) is one of the companies pushing the Electronics industry higher today. As of noon trading, Xilinx is up $0.49 (1.0%) to $48.45 on heavy volume. Thus far, 3.3 million shares of Xilinx exchanged hands as compared to its average daily volume of 2.8 million shares. The stock has ranged in price between $48.05-$49.19 after having opened the day at $48.05 as compared to the previous trading day's close of $47.96.

Xilinx, Inc. designs and develops programmable devices and associated technologies worldwide. Xilinx has a market cap of $12.4 billion and is part of the technology sector. Shares are up 4.4% year-to-date as of the close of trading on Tuesday. Currently there are 9 analysts who rate Xilinx a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Xilinx as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, notable return on equity, expanding profit margins and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Xilinx Ratings Report now.

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4. As of noon trading, NXP Semiconductor ( NXPI) is up $0.51 (1.0%) to $52.59 on average volume. Thus far, 1.3 million shares of NXP Semiconductor exchanged hands as compared to its average daily volume of 3.1 million shares. The stock has ranged in price between $52.08-$53.12 after having opened the day at $52.08 as compared to the previous trading day's close of $52.08.

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 $12.9 billion and is part of the technology sector. Shares are up 13.4% 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, notable return on equity and impressive record of earnings per share growth. 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.

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 $0.17 (1.0%) to $17.95 on heavy volume. Thus far, 8.8 million shares of Applied Materials exchanged hands as compared to its average daily volume of 10.6 million shares. The stock has ranged in price between $17.79-$18.09 after having opened the day at $17.79 as compared to the previous trading day's close of $17.78.

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 $20.8 billion and is part of the technology sector. Shares are up 0.6% year-to-date as of the close of trading on Tuesday. Currently there are 6 analysts who rate Applied Materials a buy, 1 analyst rates it a sell, and 8 rate it a hold.

TheStreet Ratings rates Applied Materials 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, impressive record of earnings per share growth, compelling growth 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 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, Eaton Corporation ( ETN) is up $0.38 (0.5%) to $70.39 on average volume. Thus far, 1.5 million shares of Eaton Corporation exchanged hands as compared to its average daily volume of 2.8 million shares. The stock has ranged in price between $70.17-$70.81 after having opened the day at $70.41 as compared to the previous trading day's close of $70.01.

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 $33.0 billion and is part of the industrial goods sector. Shares are down 8.0% year-to-date as of the close of trading on Tuesday. Currently there are 12 analysts who rate Eaton Corporation a buy, no analysts rate it a sell, and 5 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, increase in stock price during the past year, growth in earnings per share and compelling growth in net income. We feel these strengths outweigh the fact that the company shows low profit margins. 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.

1. As of noon trading, Broadcom Corporation ( BRCM) is up $0.33 (1.1%) to $31.00 on light volume. Thus far, 2.5 million shares of Broadcom Corporation exchanged hands as compared to its average daily volume of 8.1 million shares. The stock has ranged in price between $30.66-$31.09 after having opened the day at $30.74 as compared to the previous trading day's close of $30.67.

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 $16.2 billion and is part of the technology sector. Shares are up 3.2% year-to-date as of the close of trading on Tuesday. Currently there are 20 analysts who rate Broadcom Corporation a buy, 1 analyst rates it a sell, and 11 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 largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and disappointing return on equity. 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.

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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