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.

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 36 points (0.2%) at 17,520 as of Thursday, Nov. 6, 2014, 12:00 PM ET. The NYSE advances/declines ratio sits at 1,530 issues advancing vs. 1,416 declining with 183 unchanged.

The Electronics industry currently sits up 0.3% versus the S&P 500, which is up 0.2%. Top gainers within the industry include CGG ( CGG), up 32.0%, Semiconductor Manufacturing International C ( SMI), up 3.8%, ASML ( ASML), up 1.8%, ABB ( ABB), up 0.6% and Emerson Electric ( EMR), up 0.5%. On the negative front, top decliners within the industry include SolarCity ( SCTY), down 4.6%, AU Optronics ( AUO), down 2.9%, Kyocera ( KYO), down 2.8%, Micron Technology ( MU), down 1.5% and Applied Materials ( AMAT), down 0.7%.

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

3. Agilent Technologies ( A) is one of the companies pushing the Electronics industry higher today. As of noon trading, Agilent Technologies is up $0.78 (1.9%) to $40.91 on light volume. Thus far, 986,628 shares of Agilent Technologies exchanged hands as compared to its average daily volume of 3.0 million shares. The stock has ranged in price between $40.26-$40.95 after having opened the day at $40.39 as compared to the previous trading day's close of $40.13.

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

Agilent Technologies, Inc. provides bio-analytical and electronic measurement solutions and services to the life sciences, chemical analysis, diagnostics and genomics, communications, and electronics industries worldwide. Agilent Technologies has a market cap of $13.4 billion and is part of the health care sector. Shares are down 29.8% year-to-date as of the close of trading on Wednesday. Currently there are 5 analysts who rate Agilent Technologies a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Agilent Technologies as a hold. 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 and reasonable valuation levels. 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 Agilent Technologies 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, Avago Technologies ( AVGO) is up $0.69 (0.8%) to $87.40 on light volume. Thus far, 462,367 shares of Avago Technologies exchanged hands as compared to its average daily volume of 2.4 million shares. The stock has ranged in price between $86.34-$87.89 after having opened the day at $86.44 as compared to the previous trading day's close of $86.71.

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

Avago Technologies Limited is engaged in the design, development, and supply of analog semiconductor devices with a focus on III-V based products. Avago Technologies has a market cap of $21.6 billion and is part of the technology sector. Shares are up 64.0% year-to-date as of the close of trading on Wednesday. Currently there are 14 analysts who rate Avago Technologies a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Avago Technologies as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and premium valuation. Get the full Avago Technologies 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, Eaton ( ETN) is up $0.55 (0.8%) to $68.87 on light volume. Thus far, 797,413 shares of Eaton exchanged hands as compared to its average daily volume of 3.2 million shares. The stock has ranged in price between $68.38-$69.07 after having opened the day at $68.50 as compared to the previous trading day's close of $68.32.

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

Eaton Corporation plc operates as a power management company worldwide. Eaton has a market cap of $32.2 billion and is part of the industrial goods sector. Shares are down 10.2% year-to-date as of the close of trading on Wednesday. Currently there are 8 analysts who rate Eaton a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Eaton as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, attractive valuation levels, increase in net income and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Eaton 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).

null

More from Markets

Baidu Stock Plummets After COO Qi Lu Resignation

Baidu Stock Plummets After COO Qi Lu Resignation

Wondering What Blockchain Technology Really Is? This Expert Explains It All

Wondering What Blockchain Technology Really Is? This Expert Explains It All

Dow Rises Sharply as U.S.-China Trade Tensions Thaw

Dow Rises Sharply as U.S.-China Trade Tensions Thaw

GE Confirms $11.1 Billion Transportation Merger With Wabtec

GE Confirms $11.1 Billion Transportation Merger With Wabtec

Gold Prices Look 'Rich' at Current Levels - Here's What Could Change That

Gold Prices Look 'Rich' at Current Levels - Here's What Could Change That