3 Stocks Advancing 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.

One out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading down 15 points (-0.1%) at 17,638 as of Friday, Nov. 14, 2014, 12:00 PM ET. The NYSE advances/declines ratio sits at 1,511 issues advancing vs. 1,431 declining with 199 unchanged.

The Electronics industry currently sits up 0.3% versus the S&P 500, which is unchanged. Top gainers within the industry include CGG ( CGG), up 6.1%, Semiconductor Manufacturing International C ( SMI), up 4.6%, Advanced Semiconductor Engineering ( ASX), up 2.4%, Ametek ( AME), up 2.5% and Skyworks Solutions ( SWKS), up 2.0%. On the negative front, top decliners within the industry include Micron Technology ( MU), down 1.1%, and Waters ( WAT), down 0.9%.

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

3. Avago Technologies ( AVGO) is one of the companies pushing the Electronics industry higher today. As of noon trading, Avago Technologies is up $0.74 (0.8%) to $88.18 on light volume. Thus far, 370,560 shares of Avago Technologies exchanged hands as compared to its average daily volume of 2.3 million shares. The stock has ranged in price between $86.31-$88.23 after having opened the day at $87.56 as compared to the previous trading day's close of $87.44.

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 $22.0 billion and is part of the technology sector. Shares are up 65.4% year-to-date as of the close of trading on Thursday. 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.

2. As of noon trading, Eaton ( ETN) is up $0.40 (0.6%) to $66.90 on light volume. Thus far, 567,256 shares of Eaton exchanged hands as compared to its average daily volume of 3.2 million shares. The stock has ranged in price between $66.27-$67.02 after having opened the day at $66.56 as compared to the previous trading day's close of $66.50.

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 $32.1 billion and is part of the industrial goods sector. Shares are down 12.6% year-to-date as of the close of trading on Thursday. 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, increase in net income, attractive valuation levels and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. 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.

1. As of noon trading, Applied Materials ( AMAT) is up $0.18 (0.8%) to $22.80 on average volume. Thus far, 8.3 million shares of Applied Materials exchanged hands as compared to its average daily volume of 13.0 million shares. The stock has ranged in price between $22.07-$22.98 after having opened the day at $22.21 as compared to the previous trading day's close of $22.62.

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

Applied Materials, Inc. provides manufacturing equipment, services, and software to the semiconductor, flat panel display, solar photovoltaic (PV), and related industries worldwide. Applied Materials has a market cap of $27.4 billion and is part of the technology sector. Shares are up 27.9% year-to-date as of the close of trading on Thursday. Currently there are 9 analysts who rate Applied Materials a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates Applied Materials 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 largely solid financial position with reasonable debt levels by most measures. 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 Applied Materials 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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