3 Stocks Moving The Electronics Industry Upward

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.

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 69 points (-0.4%) at 18,094 as of Thursday, May 28, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 843 issues advancing vs. 2,162 declining with 143 unchanged.

The Electronics industry currently sits down 0.1% versus the S&P 500, which is down 0.4%. Top gainers within the industry include Hanwha Q CELLS ( HQCL), up 8.0%, and Intel ( INTC), up 1.0%. On the negative front, top decliners within the industry include Semtech ( SMTC), down 14.5%, AU Optronics ( AUO), down 4.6%, Semiconductor Manufacturing International C ( SMI), down 3.6%, Kyocera ( KYO), down 1.6% and Roper Technologies ( ROP), down 0.9%.

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

3. Marvell Technology Group ( MRVL) is one of the companies pushing the Electronics industry higher today. As of noon trading, Marvell Technology Group is up $0.34 (2.5%) to $14.24 on heavy volume. Thus far, 7.5 million shares of Marvell Technology Group exchanged hands as compared to its average daily volume of 6.2 million shares. The stock has ranged in price between $13.97-$14.30 after having opened the day at $14.20 as compared to the previous trading day's close of $13.90.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

Marvell Technology Group Ltd. designs, develops, and markets analog, mixed-signal, digital signal processing, and embedded and standalone integrated circuits. Marvell Technology Group has a market cap of $7.0 billion and is part of the technology sector. Shares are down 4.1% year-to-date as of the close of trading on Wednesday. Currently there are 11 analysts who rate Marvell Technology Group a buy, 3 analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Marvell Technology Group as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels and expanding profit margins. 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 Marvell Technology Group Ratings Report now.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

2. As of noon trading, ASML ( ASML) is up $0.84 (0.8%) to $113.37 on light volume. Thus far, 345,155 shares of ASML exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $112.50-$114.14 after having opened the day at $113.69 as compared to the previous trading day's close of $112.53.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

ASML Holding N.V. engages in the development, production, marketing, sale, and servicing of advanced semiconductor equipment systems with a focus on lithography related systems worldwide. ASML has a market cap of $47.2 billion and is part of the technology sector. Shares are up 4.4% year-to-date as of the close of trading on Wednesday. Currently there are 4 analysts who rate ASML a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates ASML as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, expanding profit margins, notable return on equity and solid stock price performance. We feel its strengths outweigh the fact that the company has had sub par growth in net income. Get the full ASML Ratings Report now.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

1. As of noon trading, Micron Technology ( MU) is up $0.25 (0.9%) to $28.38 on average volume. Thus far, 11.5 million shares of Micron Technology exchanged hands as compared to its average daily volume of 22.5 million shares. The stock has ranged in price between $28.11-$28.62 after having opened the day at $28.19 as compared to the previous trading day's close of $28.13.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

Micron Technology, Inc., together with its subsidiaries, provides semiconductor solutions worldwide. The company manufactures and markets dynamic random access memory (DRAM), NAND flash, and NOR flash memory products; and packaging solutions and semiconductor systems. Micron Technology has a market cap of $29.5 billion and is part of the technology sector. Shares are down 19.6% year-to-date as of the close of trading on Wednesday. Currently there are 17 analysts who rate Micron Technology a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates Micron Technology as a buy. 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, notable return on equity, attractive valuation levels and expanding profit margins. We feel its strengths outweigh the fact that the company shows weak operating cash flow. Get the full Micron Technology Ratings Report now.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

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).

More from Markets

Alphabet, Caterpillar, Coca-Cola and Amazon - 5 Things You Must Know

Alphabet, Caterpillar, Coca-Cola and Amazon - 5 Things You Must Know

Apple Suppliers Slide After European, Asian Chipmakers Echo Smartphone Concerns

Apple Suppliers Slide After European, Asian Chipmakers Echo Smartphone Concerns

Global Stocks Edge Higher, But Bond Yields, Oil Prices May Test Market Strength

Global Stocks Edge Higher, But Bond Yields, Oil Prices May Test Market Strength

SAP Shares Leap After Cloud Business Prompts Full-Year Guidance Upgrade

SAP Shares Leap After Cloud Business Prompts Full-Year Guidance Upgrade

Sohn Conference Briefly Distracts From Barrage of Earnings -- ICYMI

Sohn Conference Briefly Distracts From Barrage of Earnings -- ICYMI