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 traded up today with the Dow Jones Industrial Average ( ^DJI) trading up 78 points (0.4%) at 17,726 as of Tuesday, Nov. 18, 2014, 3:25 PM ET. The NYSE advances/declines ratio sits at 2,060 issues advancing vs. 970 declining with 148 unchanged.

The Electronics industry as a whole closed the day up 1.4% versus the S&P 500, which was up 0.7%. Top gainers within the Electronics industry included Tel Instrument Electronics ( TIK), up 2.8%, Bel Fuse ( BELFA), up 2.5%, Forward Industries ( FORD), up 2.2%, Data I/O ( DAIO), up 1.8% and Sequans Communications ( SQNS), up 3.2%.

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

Sequans Communications ( SQNS) is one of the companies that pushed the Electronics industry higher today. Sequans Communications was up $0.05 (3.2%) to $1.60 on average volume. Throughout the day, 98,557 shares of Sequans Communications exchanged hands as compared to its average daily volume of 86,000 shares. The stock ranged in a price between $1.56-$1.65 after having opened the day at $1.60 as compared to the previous trading day's close of $1.55.

Sequans Communications S.A., together with its subsidiaries, designs, develops, and supplies 4G LTE and WiMAX semiconductor solutions for wireless broadband applications. Sequans Communications has a market cap of $90.5 million and is part of the industrial goods sector. Shares are down 22.5% year-to-date as of the close of trading on Monday. Currently there are 4 analysts who rate Sequans Communications a buy, no analysts rate it a sell, and none rate it a hold.

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TheStreet Ratings rates Sequans Communications as a sell. The company's weaknesses can be seen in multiple areas, such as its disappointing return on equity and generally disappointing historical performance in the stock itself.

Highlights from TheStreet Ratings analysis on SQNS go as follows:

  • Current return on equity is lower than its ROE from the same quarter one year prior. This is a clear sign of weakness within the company. Compared to other companies in the Semiconductors & Semiconductor Equipment industry and the overall market, SEQUANS COMMUNICATIONS -ADR's return on equity significantly trails that of both the industry average and the S&P 500.
  • SQNS's stock share price has done very poorly compared to where it was a year ago: Despite any rallies, the net result is that it is down by 31.25%, which is also worse that the performance of the S&P 500 Index. Investors have so far failed to pay much attention to the earnings improvements the company has managed to achieve over the last quarter. Naturally, the overall market trend is bound to be a significant factor. However, in one sense, the stock's sharp decline last year is a positive for future investors, making it cheaper (in proportion to its earnings over the past year) than most other stocks in its industry. But due to other concerns, we feel the stock is still not a good buy right now.
  • The net income growth from the same quarter one year ago has exceeded that of the S&P 500, but is less than that of the Semiconductors & Semiconductor Equipment industry average. The net income increased by 7.2% when compared to the same quarter one year prior, going from -$8.77 million to -$8.14 million.
  • The gross profit margin for SEQUANS COMMUNICATIONS -ADR is rather high; currently it is at 59.94%. It has increased significantly from the same period last year. Regardless of the strong results of the gross profit margin, the net profit margin of -125.96% is in-line with the industry average.
  • Net operating cash flow has increased to -$7.03 million or 25.93% when compared to the same quarter last year. The firm also exceeded the industry average cash flow growth rate of 11.46%.

You can view the full analysis from the report here: Sequans Communications Ratings Report

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

At the close, Data I/O ( DAIO) was up $0.06 (1.8%) to $3.39 on average volume. Throughout the day, 13,847 shares of Data I/O exchanged hands as compared to its average daily volume of 14,600 shares. The stock ranged in a price between $3.35-$3.40 after having opened the day at $3.40 as compared to the previous trading day's close of $3.33.

Data I/O Corporation designs, manufactures, and sells programming systems for electronic device manufacturers worldwide. The company's programming system products are used to program integrated circuits (ICs) with the specific data necessary for the ICs. Data I/O has a market cap of $25.8 million and is part of the industrial goods sector. Shares are up 28.0% year-to-date as of the close of trading on Monday. Currently there are no analysts who rate Data I/O a buy, no analysts rate it a sell, and none rate it a hold.

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TheStreet Ratings rates Data I/O 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 compelling growth in net income. However, as a counter to these strengths, we find that the company's return on equity has been disappointing.

Highlights from TheStreet Ratings analysis on DAIO go as follows:

  • The revenue growth came in higher than the industry average of 3.6%. Since the same quarter one year prior, revenues rose by 15.9%. This growth in revenue appears to have trickled down to the company's bottom line, improving the earnings per share.
  • DAIO has no debt to speak of therefore resulting in a debt-to-equity ratio of zero, which we consider to be a relatively favorable sign. Along with this, the company maintains a quick ratio of 2.58, which clearly demonstrates the ability to cover short-term cash needs.
  • DATA I/O CORP reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past year. During the past fiscal year, DATA I/O CORP continued to lose money by earning -$0.33 versus -$0.80 in the prior year.
  • Compared to where it was 12 months ago, the stock is up, but it has so far lagged the appreciation in the S&P 500. Despite the fact that it has already risen in the past year, there is currently no conclusive evidence that warrants the purchase or sale of this stock.
  • The company's current return on equity greatly increased when compared to its ROE from the same quarter one year prior. This is a signal of significant strength within the corporation. Compared to other companies in the Electronic Equipment, Instruments & Components industry and the overall market, DATA I/O CORP's return on equity significantly trails that of both the industry average and the S&P 500.

You can view the full analysis from the report here: Data I/O Ratings Report

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

Bel Fuse ( BELFA) was another company that pushed the Electronics industry higher today. Bel Fuse was up $0.61 (2.5%) to $25.00 on heavy volume. Throughout the day, 1,601 shares of Bel Fuse exchanged hands as compared to its average daily volume of 1,000 shares. The stock ranged in a price between $24.73-$25.24 after having opened the day at $25.24 as compared to the previous trading day's close of $24.39.

Bel Fuse Inc. designs, manufactures, and sells products used in the networking, telecommunication, high-speed data transmission, commercial aerospace, military, broadcasting, transportation, and consumer electronic industries worldwide. Bel Fuse has a market cap of $55.0 million and is part of the industrial goods sector. Shares are up 30.0% year-to-date as of the close of trading on Monday. Currently there are no analysts who rate Bel Fuse a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Bel Fuse as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, reasonable valuation levels, solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

Highlights from TheStreet Ratings analysis on BELFA go as follows:

  • BELFA's very impressive revenue growth greatly exceeded the industry average of 4.3%. Since the same quarter one year prior, revenues leaped by 54.5%. This growth in revenue does not appear to have trickled down to the company's bottom line, displayed by a decline in earnings per share.
  • Looking at where the stock is today compared to one year ago, we find that it is not only higher, but it has also clearly outperformed the rise in the S&P 500 over the same period, despite the company's weak earnings results. Looking ahead, unless broad bear market conditions prevail, we still see more upside potential for this stock, despite the fact that it has already risen over the past year.
  • BEL FUSE INC has experienced a steep decline in earnings per share in the most recent quarter in comparison to its performance from the same quarter a year ago. This company has reported somewhat volatile earnings recently. But, we feel it is poised for EPS growth in the coming year. During the past fiscal year, BEL FUSE INC increased its bottom line by earning $1.39 versus $0.19 in the prior year. This year, the market expects an improvement in earnings ($1.93 versus $1.39).
  • The return on equity has improved slightly when compared to the same quarter one year prior. This can be construed as a modest strength in the organization. When compared to other companies in the Communications Equipment industry and the overall market, BEL FUSE INC's return on equity is below that of both the industry average and the S&P 500.

You can view the full analysis from the report here: Bel Fuse Ratings Report

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

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.