3 Electronics Stocks Nudging The 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.

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 4 points (0.0%) at 17,970 as of Thursday, June 25, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,139 issues advancing vs. 1,826 declining with 188 unchanged.

The Electronics industry currently sits down 0.3% versus the S&P 500, which is up 0.1%. Top gainers within the industry include STMicroelectronics ( STM), up 2.7%, and Intel ( INTC), up 1.0%. On the negative front, top decliners within the industry include Methode Electronics ( MEI), down 29.2%, Hanwha Q CELLS ( HQCL), down 6.3%, IPG Photonics ( IPGP), down 4.1%, LG Display ( LPL), down 2.6% and ABB ( ABB), down 0.7%.

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

3. ASML ( ASML) is one of the companies pushing the Electronics industry higher today. As of noon trading, ASML is up $0.59 (0.5%) to $110.56 on light volume. Thus far, 127,648 shares of ASML exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $110.06-$111.09 after having opened the day at $110.84 as compared to the previous trading day's close of $109.97.

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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 $48.1 billion and is part of the technology sector. Shares are up 3.0% year-to-date as of the close of trading on Wednesday. Currently there are 5 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.

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2. As of noon trading, Taiwan Semiconductor Manufacturing ( TSM) is up $0.15 (0.6%) to $24.05 on average volume. Thus far, 5.1 million shares of Taiwan Semiconductor Manufacturing exchanged hands as compared to its average daily volume of 12.7 million shares. The stock has ranged in price between $24.03-$24.33 after having opened the day at $24.04 as compared to the previous trading day's close of $23.90.

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Taiwan Semiconductor Manufacturing Company Limited engages in the computer-aided design, manufacture, packaging, testing, sale, and marketing of integrated circuits and other semiconductor devices. Taiwan Semiconductor Manufacturing has a market cap of $124.1 billion and is part of the technology sector. Shares are up 6.9% year-to-date as of the close of trading on Wednesday. Currently there is 1 analyst who rates Taiwan Semiconductor Manufacturing a buy, 2 analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Taiwan Semiconductor Manufacturing as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, solid stock price performance and impressive record of earnings per share growth. 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 Taiwan Semiconductor Manufacturing Ratings Report now.

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1. As of noon trading, Skyworks Solutions ( SWKS) is up $1.95 (1.8%) to $110.35 on light volume. Thus far, 1.1 million shares of Skyworks Solutions exchanged hands as compared to its average daily volume of 3.3 million shares. The stock has ranged in price between $108.55-$110.90 after having opened the day at $109.09 as compared to the previous trading day's close of $108.40.

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Skyworks Solutions, Inc., together with its subsidiaries, designs, develops, manufactures, and markets analog and mixed signal semiconductors worldwide. Skyworks Solutions has a market cap of $21.1 billion and is part of the technology sector. Shares are up 51.7% year-to-date as of the close of trading on Wednesday. Currently there are 13 analysts who rate Skyworks Solutions a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Skyworks Solutions as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, expanding profit margins and solid stock price performance. We feel its strengths outweigh the fact that the company shows weak operating cash flow. Get the full Skyworks Solutions 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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