3 Stocks Pushing The Electronics Industry Higher

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.

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 37 points (-0.2%) at 18,248 as of Friday, May 22, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,104 issues advancing vs. 1,850 declining with 179 unchanged.

The Electronics industry currently sits down 0.1% versus the S&P 500, which is down 0.0%. Top gainers within the industry include Micron Technology ( MU), up 2.1%, United Microelectronics ( UMC), up 1.8%, Analog Devices ( ADI), up 1.8%, Skyworks Solutions ( SWKS), up 1.2% and Emerson Electric ( EMR), up 0.6%. A company within the industry that fell today was ABB ( ABB), up 0.9%.

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

3. LG Display ( LPL) is one of the companies pushing the Electronics industry higher today. As of noon trading, LG Display is up $0.24 (1.7%) to $14.11 on average volume. Thus far, 196,816 shares of LG Display exchanged hands as compared to its average daily volume of 428,900 shares. The stock has ranged in price between $14.03-$14.13 after having opened the day at $14.06 as compared to the previous trading day's close of $13.87.

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LG Display Co., Ltd. manufactures and sells thin film transistor liquid crystal display (TFT-LCD) panels in the Republic of Korea, the United States, Europe, and Asia. LG Display has a market cap of $10.0 billion and is part of the technology sector. Shares are down 8.4% year-to-date as of the close of trading on Thursday. Currently there are 2 analysts who rate LG Display a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates LG Display as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, attractive valuation levels and good cash flow from operations. We feel its strengths outweigh the fact that the company shows low profit margins. Get the full LG Display Ratings Report now.

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2. As of noon trading, SunEdison ( SUNE) is up $0.83 (2.8%) to $30.28 on average volume. Thus far, 4.3 million shares of SunEdison exchanged hands as compared to its average daily volume of 9.3 million shares. The stock has ranged in price between $29.52-$30.57 after having opened the day at $29.57 as compared to the previous trading day's close of $29.45.

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SunEdison, Inc. develops, manufactures, and sells silicon wafers to the semiconductor industry. The company operates through three segments: Solar Energy, TerraForm Power, and Semiconductor Materials. SunEdison has a market cap of $8.0 billion and is part of the technology sector. Shares are up 51.0% year-to-date as of the close of trading on Thursday. Currently there are 9 analysts who rate SunEdison a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates SunEdison as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, compelling growth in net income and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and weak operating cash flow. Get the full SunEdison Ratings Report now.

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1. As of noon trading, Avago Technologies ( AVGO) is up $2.38 (1.8%) to $131.97 on light volume. Thus far, 830,722 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 $129.82-$132.28 after having opened the day at $129.82 as compared to the previous trading day's close of $129.59.

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Avago Technologies Limited designs, develops, and supplies semiconductor devices with a focus on analog III-V based products. The company operates through four segments: Wireless Communications, Wired Infrastructure, Enterprise Storage, and Industrial & Other segments. Avago Technologies has a market cap of $33.1 billion and is part of the technology sector. Shares are up 28.8% 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 2 rate it a hold.

TheStreet Ratings rates Avago Technologies as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, expanding profit margins, good cash flow from operations, increase in net income and solid stock price performance. We feel its strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Avago Technologies Ratings Report now.

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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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