3 Electronics Stocks Moving The Industry Upward

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 17 points (0.1%) at 16,651 as of Thursday, May 29, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,820 issues advancing vs. 1,121 declining with 182 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 SolarCity ( SCTY), up 4.8%, Siliconware Precision Industries ( SPIL), up 2.5%, Atmel ( ATML), up 2.5%, SunPower ( SPWR), up 2.0% and STMicroelectronics ( STM), up 1.5%. A company within the industry that fell today was Applied Materials ( AMAT), up 0.7%.

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

3. Xilinx ( XLNX) is one of the companies pushing the Electronics industry higher today. As of noon trading, Xilinx is up $0.28 (0.6%) to $46.94 on light volume. Thus far, 777,339 shares of Xilinx exchanged hands as compared to its average daily volume of 3.5 million shares. The stock has ranged in price between $46.56-$47.05 after having opened the day at $46.76 as compared to the previous trading day's close of $46.65.

Xilinx, Inc. designs and develops programmable devices and associated technologies worldwide. Xilinx has a market cap of $12.6 billion and is part of the technology sector. Shares are up 1.6% year-to-date as of the close of trading on Wednesday. Currently there are 12 analysts who rate Xilinx a buy, no analysts rate it a sell, and 8 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, growth in earnings per share, notable return on equity and expanding profit margins. 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 Xilinx 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 liked this article you might like

Take Xilinx' Rally Seriously

Are the Semis Now on Shaky Ground?

Are the Semis Now on Shaky Ground?

Xilinx, Arena Pharmaceuticals, Magellan Midstream: 'Mad Money' Lightning Round

'I Love the Down-and-Outers': Cramer's 'Mad Money' Recap (Thursday 7/13/17)