3 Electronics Stocks Pushing Industry Growth

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 11 points (0.1%) at 16,218 as of Tuesday, Feb. 25, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,600 issues advancing vs. 1,298 declining with 186 unchanged.

The Electronics industry currently is unchanged today versus the S&P 500, which is up 0.2%. Top gainers within the industry include Cepheid ( CPHD), up 2.6%, Garmin ( GRMN), up 1.4%, Ametek ( AME), up 0.9% and ABB ( ABB), up 0.7%. On the negative front, top decliners within the industry include Aixtron SE NA ( AIXG), down 6.3%, Advanced Semiconductor Engineering ( ASX), down 1.6% and LG.Display Company ( LPL), down 1.6%.

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

3. NXP Semiconductor ( NXPI) is one of the companies pushing the Electronics industry higher today. As of noon trading, NXP Semiconductor is up $0.38 (0.7%) to $55.93 on average volume. Thus far, 1.3 million shares of NXP Semiconductor exchanged hands as compared to its average daily volume of 3.4 million shares. The stock has ranged in price between $55.07-$56.05 after having opened the day at $55.92 as compared to the previous trading day's close of $55.55.

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 $13.8 billion and is part of the technology sector. Shares are up 20.9% year-to-date as of the close of trading on Monday. 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.

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2. As of noon trading, Emerson Electric ( EMR) is up $0.45 (0.7%) to $64.77 on light volume. Thus far, 945,386 shares of Emerson Electric exchanged hands as compared to its average daily volume of 3.0 million shares. The stock has ranged in price between $64.06-$64.91 after having opened the day at $64.32 as compared to the previous trading day's close of $64.32.

Emerson Electric Co., a diversified technology company, designs and supplies products and technology, and delivers engineering services and solutions to the industrial, commercial, and consumer markets worldwide. Emerson Electric has a market cap of $44.6 billion and is part of the industrial goods sector. Shares are down 8.3% year-to-date as of the close of trading on Monday. Currently there are 5 analysts who rate Emerson Electric a buy, no analysts rate it a sell, and 14 rate it a hold.

TheStreet Ratings rates Emerson Electric 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, reasonable valuation levels, good cash flow from operations and growth in earnings per share. 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 Emerson Electric Ratings Report now.

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1. As of noon trading, Eaton Corporation ( ETN) is up $0.50 (0.7%) to $75.48 on average volume. Thus far, 1.3 million shares of Eaton Corporation exchanged hands as compared to its average daily volume of 2.9 million shares. The stock has ranged in price between $74.56-$75.89 after having opened the day at $74.64 as compared to the previous trading day's close of $74.98.

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 $34.9 billion and is part of the industrial goods sector. Shares are down 1.5% year-to-date as of the close of trading on Monday. 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.

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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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