Today's Top Performers In Electronics

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 18 points (0.1%) at 16,551 as of Wednesday, April 2, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,684 issues advancing vs. 1,250 declining with 198 unchanged.

The Electronics industry currently sits up 0.4% versus the S&P 500, which is up 0.2%. Top gainers within the industry include Siliconware Precision Industries ( SPIL), up 3.5%, Acuity Brands ( AYI), up 3.5%, TE Connectivity ( TEL), up 2.3%, Lam Research Corporation ( LRCX), up 2.1% and Amphenol ( APH), up 1.4%. A company within the industry that fell today was Advanced Semiconductor Engineering ( ASX), up 1.9%.

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

3. Corning ( GLW) is one of the companies pushing the Electronics industry higher today. As of noon trading, Corning is up $0.37 (1.8%) to $21.34 on average volume. Thus far, 8.0 million shares of Corning exchanged hands as compared to its average daily volume of 12.8 million shares. The stock has ranged in price between $20.90-$21.37 after having opened the day at $20.99 as compared to the previous trading day's close of $20.97.

Corning Incorporated manufactures and sells specialty glasses, ceramics, and related materials worldwide. The company operates through five segments: Display Technologies, Optical Communications, Environmental Technologies, Specialty Materials, and Life Sciences. Corning has a market cap of $29.0 billion and is part of the technology sector. Shares are up 17.7% year-to-date as of the close of trading on Tuesday. Currently there are 8 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, compelling growth in net income, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. 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.

2. As of noon trading, Applied Materials ( AMAT) is up $0.14 (0.7%) to $20.76 on average volume. Thus far, 6.2 million shares of Applied Materials exchanged hands as compared to its average daily volume of 13.7 million shares. The stock has ranged in price between $20.53-$20.84 after having opened the day at $20.66 as compared to the previous trading day's close of $20.62.

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 $24.7 billion and is part of the technology sector. Shares are up 15.5% year-to-date as of the close of trading on Tuesday. Currently there are 8 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 solid stock price performance, revenue growth, largely solid financial position with reasonable debt levels by most measures, growth in earnings per share and compelling growth in net income. 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 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.

1. As of noon trading, Texas Instruments ( TXN) is up $0.26 (0.6%) to $47.79 on light volume. Thus far, 1.7 million shares of Texas Instruments exchanged hands as compared to its average daily volume of 6.7 million shares. The stock has ranged in price between $47.54-$47.97 after having opened the day at $47.58 as compared to the previous trading day's close of $47.53.

Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers worldwide. The company operates in three segments: Analog, Embedded Processing, and Other. Texas Instruments has a market cap of $51.0 billion and is part of the technology sector. Shares are up 7.4% year-to-date as of the close of trading on Tuesday. Currently there are 6 analysts who rate Texas Instruments a buy, 3 analysts rate it a sell, and 17 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.

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).

null