NEW YORK ( TheStreet ) -- CSR (Nasdaq: CSRE ) has been upgraded by TheStreet Ratings from hold to 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, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Highlights from the ratings report include: CSR plc, a fabless semiconductor company, designs and develops semiconductor integrated circuits and software solutions in the United Kingdom, rest of Europe, the Americas, and Asia. CSR has a market cap of $1.41 billion and is part of the technology sector and electronics industry. Shares are up 53.9% year to date as of the close of trading on Wednesday.