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.

The Electronics industry as a whole closed the day down 0.2% versus the S&P 500, which was down 0.4%. Laggards within the Electronics industry included

LGL Group

(

LGL

), down 3.8%,

Bel Fuse

(

BELFA

), down 1.7%,

Nortech Systems

(

NSYS

), down 3.5%,

Eltek

(

ELTK

), down 4.1% and

Digital Power

(

DPW

), down 7.0%.

TheStreet Ratings Group would like to highlight 3 stocks that pushed the industry lower today:

Advanced Semiconductor Engineering

(

ASX

) is one of the companies that pushed the Electronics industry lower today. Advanced Semiconductor Engineering was down $0.19 (2.8%) to $6.58 on average volume. Throughout the day, 1,280,769 shares of Advanced Semiconductor Engineering exchanged hands as compared to its average daily volume of 1,132,700 shares. The stock ranged in price between $6.56-$6.70 after having opened the day at $6.70 as compared to the previous trading day's close of $6.77.

Advanced Semiconductor Engineering, Inc. provides semiconductor packaging and testing services in the United States, Taiwan, Asia, and Europe. Advanced Semiconductor Engineering has a market cap of $10.7 billion and is part of the technology sector. Shares are up 10.4% year-to-date as of the close of trading on Friday. Currently there is 1 analyst who rates Advanced Semiconductor Engineering a buy, no analysts rate it a sell, and 1 rates it a hold.

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TheStreet Ratings rates

Advanced Semiconductor Engineering

as a

buy

. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and attractive valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins.

Highlights from TheStreet Ratings analysis on ASX go as follows:

  • Powered by its strong earnings growth of 50.00% and other important driving factors, this stock has surged by 52.34% over the past year, outperforming the rise in the S&P 500 Index during the same period. Regarding the stock's future course, although almost any stock can fall in a broad market decline, ASX should continue to move higher despite the fact that it has already enjoyed a very nice gain in the past year.
  • ADVANCED SEMICON ENGINEERING 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 two years. We feel that this trend should continue. During the past fiscal year, ADVANCED SEMICON ENGINEERING increased its bottom line by earning $0.33 versus $0.28 in the prior year. This year, the market expects an improvement in earnings ($0.48 versus $0.33).
  • The company, on the basis of net income growth from the same quarter one year ago, has significantly outperformed against the S&P 500 and exceeded that of the Semiconductors & Semiconductor Equipment industry average. The net income increased by 51.6% when compared to the same quarter one year prior, rising from $152.60 million to $231.35 million.
  • Despite its growing revenue, the company underperformed as compared with the industry average of 9.8%. Since the same quarter one year prior, revenues slightly increased by 7.8%. This growth in revenue appears to have trickled down to the company's bottom line, improving the earnings per share.

You can view the full analysis from the report here:

Advanced Semiconductor Engineering 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,

Bel Fuse

(

BELFA

) was down $0.35 (1.7%) to $20.53 on heavy volume. Throughout the day, 23,881 shares of Bel Fuse exchanged hands as compared to its average daily volume of 700 shares. The stock ranged in price between $20.53-$20.92 after having opened the day at $20.75 as compared to the previous trading day's close of $20.88.

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 $45.7 million and is part of the technology sector. Shares are down 12.4% year-to-date as of the close of trading on Friday.

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

TheStreet Ratings rates

Bel Fuse

as a

hold

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, reasonable valuation levels and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, weak operating cash flow and poor profit margins.

Highlights from TheStreet Ratings analysis on BELFA go as follows:

  • BELFA's very impressive revenue growth greatly exceeded the industry average of 5.2%. 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.
  • Compared to where it was a year ago today, the stock is now trading at a higher level, regardless of the company's weak earnings results. Looking ahead, our view is that this company's fundamentals will not have much impact in either direction, allowing the stock to generally move up or down based on the push and pull of the broad market.
  • Net operating cash flow has decreased to $6.24 million or 37.09% when compared to the same quarter last year. In addition, when comparing the cash generation rate to the industry average, the firm's growth is significantly lower.
  • The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Communications Equipment industry. The net income has significantly decreased by 79.6% when compared to the same quarter one year ago, falling from $7.38 million to $1.51 million.

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.

LGL Group

(

LGL

) was another company that pushed the Electronics industry lower today. LGL Group was down $0.15 (3.8%) to $3.80 on light volume. Throughout the day, 864 shares of LGL Group exchanged hands as compared to its average daily volume of 3,500 shares. The stock ranged in price between $3.77-$3.98 after having opened the day at $3.94 as compared to the previous trading day's close of $3.95.

The LGL Group, Inc., through its subsidiaries, designs, manufactures, and markets standard and custom-engineered electronic components in the United States and internationally. LGL Group has a market cap of $10.1 million and is part of the technology sector. Shares are up 10.3% year-to-date as of the close of trading on Friday.

TheStreet Ratings rates

LGL Group

as a

sell

. The company's weaknesses can be seen in multiple areas, such as its weak operating cash flow and generally disappointing historical performance in the stock itself.

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

Highlights from TheStreet Ratings analysis on LGL go as follows:

  • Net operating cash flow has significantly decreased to -$0.52 million or 316.73% when compared to the same quarter last year. In addition, when comparing to the industry average, the firm's growth rate is much lower.
  • LGL'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 27.92%, 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 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. Compared to other companies in the Electronic Equipment, Instruments & Components industry and the overall market, LGL GROUP INC's return on equity significantly trails that of both the industry average and the S&P 500.
  • LGL GROUP INC reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. This company has not demonstrated a clear trend in earnings over the past 2 years, making it difficult to accurately predict earnings for the coming year. During the past fiscal year, LGL GROUP INC reported poor results of -$3.16 versus -$0.51 in the prior year.
  • LGL, with its decline in revenue, underperformed when compared the industry average of 2.7%. Since the same quarter one year prior, revenues slightly dropped by 8.5%. The declining revenue has not hurt the company's bottom line, with increasing earnings per share.

You can view the full analysis from the report here:

LGL Group 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.