Electronics Stocks On The Rise With Help From 3 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.

One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 14 points (-0.1%) at 16,140 as of Tuesday, Feb. 18, 2014, 12:00 PM ET. The NYSE advances/declines ratio sits at 2,063 issues advancing vs. 873 declining with 164 unchanged.

The Electronics industry currently sits up 0.7% versus the S&P 500, which is up 0.2%. Top gainers within the industry include Cognex Corporation ( CGNX), up 6.8%, Cree ( CREE), up 2.9%, Marvell Technology Group ( MRVL), up 2.5%, SunPower Corporation ( SPWR), up 2.3% and Kyocera Corporation ( KYO), up 1.8%. On the negative front, top decliners within the industry include Semiconductor Manufacturing International C ( SMI), down 19.0%, LG.Display Company ( LPL), down 1.6% and ABB ( ABB), down 0.8%.

TheStreet would like to highlight 3 stocks pushing the industry higher today:

3. First Solar ( FSLR) is one of the companies pushing the Electronics industry higher today. As of noon trading, First Solar is up $2.45 (4.6%) to $55.62 on average volume. Thus far, 2.3 million shares of First Solar exchanged hands as compared to its average daily volume of 3.6 million shares. The stock has ranged in price between $53.54-$55.73 after having opened the day at $53.68 as compared to the previous trading day's close of $53.17.

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 $5.3 billion and is part of the technology sector. Shares are down 2.7% 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.

2. As of noon trading, SolarCity ( SCTY) is up $5.14 (7.0%) to $79.14 on average volume. Thus far, 3.0 million shares of SolarCity exchanged hands as compared to its average daily volume of 4.2 million shares. The stock has ranged in price between $75.00-$79.18 after having opened the day at $75.41 as compared to the previous trading day's close of $74.00.

2/17/2011 announced acq of groSolar designs, distributes, and installs solar electric and solar hot water systems for residential and commercial buildings. It also offers solar hot air, solar pool heating, photovoltaic systems, racking and mounting systems, and inverters. SolarCity has a market cap of $6.2 billion and is part of the technology sector. Shares are up 30.2% 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 $0.47 (1.9%) to $25.55 on average volume. Thus far, 16.5 million shares of Micron Technology exchanged hands as compared to its average daily volume of 37.8 million shares. The stock has ranged in price between $25.10-$25.61 after having opened the day at $25.19 as compared to the previous trading day's close of $25.08.

Micron Technology, Inc., together with its subsidiaries, manufactures and markets semiconductor solutions worldwide. Micron Technology has a market cap of $26.6 billion and is part of the technology sector. Shares are up 15.3% 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 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 3 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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