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 down today with the Dow Jones Industrial Average ( ^DJI) trading down 27 points (-0.2%) at 16,879 as of Thursday, June 19, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,678 issues advancing vs. 1,278 declining with 191 unchanged.

The Electronics industry currently sits down 0.2% versus the S&P 500, which is down 0.1%. Top gainers within the industry include NXP Semiconductors ( NXPI), up 1.4%, and Kyocera ( KYO), up 1.3%. On the negative front, top decliners within the industry include Cree ( CREE), down 1.8%, First Solar ( FSLR), down 1.6%, Garmin ( GRMN), down 1.5%, Lam Research ( LRCX), down 1.1% and Micron Technology ( MU), down 1.0%.

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

3. LG Display ( LPL) is one of the companies pushing the Electronics industry higher today. As of noon trading, LG Display is up $0.30 (2.0%) to $15.11 on light volume. Thus far, 156,922 shares of LG Display exchanged hands as compared to its average daily volume of 420,200 shares. The stock has ranged in price between $15.01-$15.11 after having opened the day at $15.02 as compared to the previous trading day's close of $14.81.

LG Display Co., Ltd. manufactures and sells thin film transistor liquid crystal display (TFT-LCD) panels in the Republic of Korea, the United States, Europe, China, and rest of Asia. LG Display has a market cap of $10.6 billion and is part of the technology sector. Shares are up 22.0% year-to-date as of the close of trading on Wednesday. Currently there are 2 analysts who rate LG Display a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates LG Display 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 increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow. Get the full LG Display Ratings Report now.

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2. As of noon trading, TE Connectivity ( TEL) is up $0.66 (1.1%) to $62.60 on heavy volume. Thus far, 1.2 million shares of TE Connectivity exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $61.71-$62.63 after having opened the day at $61.93 as compared to the previous trading day's close of $61.94.

TE Connectivity Ltd., together with its subsidiaries, designs and manufactures products that connect power, data, and signal automotive, energy, industrial, broadband communications, consumer devices, aerospace and defense, and healthcare industries. TE Connectivity has a market cap of $25.3 billion and is part of the technology sector. Shares are up 12.4% year-to-date as of the close of trading on Wednesday. Currently there are 5 analysts who rate TE Connectivity a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates TE Connectivity 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. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full TE Connectivity Ratings Report now.

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1. As of noon trading, Taiwan Semiconductor Manufacturing ( TSM) is up $0.29 (1.4%) to $21.64 on average volume. Thus far, 4.4 million shares of Taiwan Semiconductor Manufacturing exchanged hands as compared to its average daily volume of 10.9 million shares. The stock has ranged in price between $21.34-$21.65 after having opened the day at $21.34 as compared to the previous trading day's close of $21.35.

Taiwan Semiconductor Manufacturing Company Limited is engaged in manufacturing, selling, packaging, testing, and computer-aided designing integrated circuits and other semiconductor devices. It also manufactures masks. Taiwan Semiconductor Manufacturing has a market cap of $110.3 billion and is part of the technology sector. Shares are up 22.4% year-to-date as of the close of trading on Wednesday. Currently there is 1 analyst who rates Taiwan Semiconductor Manufacturing a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Taiwan Semiconductor Manufacturing 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, increase in stock price during the past year, growth in earnings per share 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 Taiwan Semiconductor Manufacturing 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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