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.

Two out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 40 points (0.2%) at 17,108 as of Wednesday, Sept. 3, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,478 issues advancing vs. 1,497 declining with 182 unchanged.

The Electronics industry currently sits down 0.1% versus the S&P 500, which is up 0.1%. Top gainers within the industry include Flextronics International ( FLEX), up 4.3%, ABB ( ABB), up 1.5% and Texas Instruments ( TXN), up 0.8%. On the negative front, top decliners within the industry include ASML ( ASML), down 1.6%, and Micron Technology ( MU), 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 $2.60 (3.7%) to $72.00 on average volume. Thus far, 1.9 million shares of First Solar exchanged hands as compared to its average daily volume of 2.7 million shares. The stock has ranged in price between $69.65-$72.35 after having opened the day at $69.74 as compared to the previous trading day's close of $69.40.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

First Solar, Inc. provides solar energy solutions worldwide. The company operates through two segments, Components and Systems. First Solar has a market cap of $7.0 billion and is part of the technology sector. Shares are up 27.0% year-to-date as of the close of trading on Tuesday. Currently there are 6 analysts who rate First Solar a buy, 2 analysts rate it a sell, and 5 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 solid stock price performance, revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, poor profit margins and weak operating cash flow. Get the full First Solar Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

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