3 Stocks Improving Performance Of The Electronics Industry

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 lower today with the Dow Jones Industrial Average ( ^DJI) trading down 68 points (-0.4%) at 17,105 as of Tuesday, Sept. 23, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,162 issues advancing vs. 1,797 declining with 186 unchanged.

The Electronics industry currently is unchanged today versus the S&P 500, which is down 0.2%. A company within the industry that increased today was Micron Technology ( MU), up 2.5%. On the negative front, top decliners within the industry include Advanced Semiconductor Engineering ( ASX), down 1.3%, Freescale Semiconductor ( FSL), down 1.2%, LG Display ( LPL), down 1.0% and Kyocera ( KYO), down 0.6%.

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 $0.96 (1.4%) to $68.13 on average volume. Thus far, 1.1 million shares of First Solar exchanged hands as compared to its average daily volume of 2.3 million shares. The stock has ranged in price between $66.93-$69.20 after having opened the day at $66.93 as compared to the previous trading day's close of $67.17.

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 $7.1 billion and is part of the technology sector. Shares are up 22.9% year-to-date as of the close of trading on Monday. 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.

2. As of noon trading, NXP Semiconductors ( NXPI) is up $0.58 (0.8%) to $71.38 on average volume. Thus far, 1.2 million shares of NXP Semiconductors exchanged hands as compared to its average daily volume of 3.1 million shares. The stock has ranged in price between $70.01-$71.58 after having opened the day at $70.50 as compared to the previous trading day's close of $70.80.

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

NXP Semiconductors N.V. provides high performance mixed signal and standard product solutions for radio frequency (RF), analog, power management, interface, security, and digital processing products worldwide. NXP Semiconductors has a market cap of $17.2 billion and is part of the technology sector. Shares are up 54.1% year-to-date as of the close of trading on Monday. Currently there are 12 analysts who rate NXP Semiconductors a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates NXP Semiconductors as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, impressive record of earnings per share growth, compelling growth in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full NXP Semiconductors 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.

1. As of noon trading, SolarCity ( SCTY) is up $1.55 (2.5%) to $62.39 on average volume. Thus far, 2.9 million shares of SolarCity exchanged hands as compared to its average daily volume of 3.9 million shares. The stock has ranged in price between $59.23-$62.56 after having opened the day at $60.04 as compared to the previous trading day's close of $60.84.

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

SolarCity Corporation designs, installs, and sells or leases solar energy systems to residential and commercial customers, and government entities in the United States. SolarCity has a market cap of $6.0 billion and is part of the technology sector. Shares are up 7.1% year-to-date as of the close of trading on Monday. Currently there are 5 analysts who rate SolarCity a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates SolarCity as a sell. The company's weaknesses can be seen in multiple areas, such as its unimpressive growth in net income, generally high debt management risk, weak operating cash flow and feeble growth in its earnings per share. Get the full SolarCity 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.

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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