5 Stocks Pushing The Electronics Industry Lower

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 52 points (0.4%) at 12,867 as of Tuesday, Nov. 13, 2012, 11:54 AM ET. The NYSE advances/declines ratio sits at 1,426 issues advancing vs. 1,481 declining with 120 unchanged.

The Electronics industry currently sits down 0.2% versus the S&P 500, which is up 0.5%. On the negative front, top decliners within the industry include AU Optronics Corporation ( AUO), down 4.8%, Advanced Semiconductor Engineering ( ASX), down 4.3%, Siliconware Precision Industries ( SPIL), down 4.0% and KLA-Tencor Corporation ( KLAC), down 1.2%. Top gainers within the industry include Micron Technology ( MU), up 1.9%, NVIDIA Corporation ( NVDA), up 0.3% and SanDisk ( SNDK), up 0.8%.

TheStreet Ratings group would like to highlight 5 stocks pushing the industry lower today:

5. NXP Semiconductor ( NXPI) is one of the companies pushing the Electronics industry lower today. As of noon trading, NXP Semiconductor is down $0.46 (-1.8%) to $24.74 on light volume Thus far, 258,303 shares of NXP Semiconductor exchanged hands as compared to its average daily volume of 2.1 million shares. The stock has ranged in price between $24.50-$24.99 after having opened the day at $24.51 as compared to the previous trading day's close of $25.20.

NXP Semiconductors N.V., through its subsidiary, NXP B.V., provides mixed signal solutions and standard products worldwide. NXP Semiconductor has a market cap of $6.3 billion and is part of the technology sector. The company has a P/E ratio of -56.9, below the S&P 500 P/E ratio of 17.7. Shares are up 64.0% year to date as of the close of trading on Monday. Currently there are 6 analysts that rate NXP Semiconductor a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates NXP Semiconductor as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, generally high debt management risk and disappointing return on equity. Get the full NXP Semiconductor Ratings Report now.

4. As of noon trading, Marvell Technology Group ( MRVL) is down $0.14 (-1.7%) to $7.64 on light volume Thus far, 2.4 million shares of Marvell Technology Group exchanged hands as compared to its average daily volume of 11.9 million shares. The stock has ranged in price between $7.61-$7.85 after having opened the day at $7.85 as compared to the previous trading day's close of $7.78.

Marvell Technology Group Ltd. designs, develops, and markets analog, mixed-signal, digital signal processing, and embedded and standalone ARM-based microprocessor integrated circuits. Marvell Technology Group has a market cap of $4.3 billion and is part of the technology sector. The company has a P/E ratio of 10.0, below the S&P 500 P/E ratio of 17.7. Shares are down 43.9% year to date as of the close of trading on Monday. Currently there are 5 analysts that rate Marvell Technology Group a buy, 2 analysts rate it a sell, and 17 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 feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity. Get the full Marvell Technology Group Ratings Report now.

3. As of noon trading, First Solar ( FSLR) is down $0.77 (-3.0%) to $24.66 on light volume Thus far, 1.9 million shares of First Solar exchanged hands as compared to its average daily volume of 7.0 million shares. The stock has ranged in price between $24.34-$25.40 after having opened the day at $25.26 as compared to the previous trading day's close of $25.43.

First Solar, Inc. engages in the design, manufacture, and sale of solar modules using a thin-film semiconductor technology in the United States and internationally. The company is also involved in the design, construction, and sale of photovoltaic solar power systems. First Solar has a market cap of $2.1 billion and is part of the technology sector. The company has a P/E ratio of -3.2, below the S&P 500 P/E ratio of 17.7. Shares are down 27.3% year to date as of the close of trading on Monday. Currently there are 3 analysts that rate First Solar a buy, 2 analysts rate it a sell, and 19 rate it a hold.

TheStreet Ratings rates First Solar as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, weak operating cash flow, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share. Get the full First Solar Ratings Report now.

2. As of noon trading, Broadcom Corporation ( BRCM) is down $0.17 (-0.6%) to $30.74 on light volume Thus far, 2.5 million shares of Broadcom Corporation exchanged hands as compared to its average daily volume of 6.9 million shares. The stock has ranged in price between $30.42-$30.88 after having opened the day at $30.54 as compared to the previous trading day's close of $30.91.

Broadcom Corporation designs and develops semiconductor solutions for wired and wireless communications. It provides a portfolio of system-on-a-chip (SoC) and software solutions. Broadcom Corporation has a market cap of $15.7 billion and is part of the technology sector. The company has a P/E ratio of 19.1, above the S&P 500 P/E ratio of 17.7. Shares are up 4.3% year to date as of the close of trading on Monday. Currently there are 33 analysts that rate Broadcom Corporation a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Broadcom Corporation 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, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Broadcom Corporation Ratings Report now.

1. As of noon trading, Intel ( INTC) is down $0.13 (-0.6%) to $20.63 on light volume Thus far, 14.8 million shares of Intel exchanged hands as compared to its average daily volume of 47.2 million shares. The stock has ranged in price between $20.50-$20.82 after having opened the day at $20.57 as compared to the previous trading day's close of $20.76.

Intel Corporation designs, manufactures, and sells integrated digital technology platforms primarily in the Asia-Pacific, the Americas, Europe, and Japan. Intel has a market cap of $103.5 billion and is part of the technology sector. The company has a P/E ratio of 9.1, below the S&P 500 P/E ratio of 17.7. Shares are down 14.4% year to date as of the close of trading on Monday. Currently there are 12 analysts that rate Intel a buy, 3 analysts rate it a sell, and 23 rate it a hold.

TheStreet Ratings rates Intel 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, attractive valuation levels, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Intel Ratings Report now.

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).

A reminder about TheStreet Ratings group: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

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