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 down today with the Dow Jones Industrial Average ( ^DJI) trading down 89 points (-0.7%) at 12,919 as of Monday, Nov. 26, 2012, 11:49 AM ET. The NYSE advances/declines ratio sits at 886 issues advancing vs. 2,023 declining with 120 unchanged.

The Electronics industry currently sits up 0.2% versus the S&P 500, which is down 0.7%. A company within the industry that increased today was OYO Geospace Corporation ( OYOG), up 18.2%.

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

5. LG.Display Company ( LPL) is one of the companies pushing the Electronics industry lower today. As of noon trading, LG.Display Company is down $0.28 (-1.7%) to $16.51 on light volume Thus far, 217,115 shares of LG.Display Company exchanged hands as compared to its average daily volume of 593,500 shares. The stock has ranged in price between $16.50-$16.63 after having opened the day at $16.62 as compared to the previous trading day's close of $16.79.

LG Display Co., Ltd. engages in the manufacture and sale of thin film transistor liquid crystal display (TFT-LCD) panels in the Republic of Korea, the United States, Europe, China, and rest of Asia. LG.Display Company has a market cap of $11.8 billion and is part of the technology sector. The company has a P/E ratio of -17.7, below the S&P 500 P/E ratio of 17.7. Shares are up 56.0% year to date as of the close of trading on Friday. Currently there are 2 analysts that rate LG.Display Company a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates LG.Display Company as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, generally high debt management risk, poor profit margins and feeble growth in its earnings per share. Get the full LG.Display Company Ratings Report now.

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4. As of noon trading, Roper Industries ( ROP) is down $1.29 (-1.1%) to $111.85 on light volume Thus far, 150,755 shares of Roper Industries exchanged hands as compared to its average daily volume of 428,800 shares. The stock has ranged in price between $111.80-$113.21 after having opened the day at $112.66 as compared to the previous trading day's close of $113.14.

Roper Industries, Inc. designs, manufactures, and distributes radio frequency (RF) products and services, industrial technology products, energy systems and controls, and medical and scientific imaging products and software. Roper Industries has a market cap of $11.0 billion and is part of the technology sector. The company has a P/E ratio of 24.1, above the S&P 500 P/E ratio of 17.7. Shares are up 28.8% year to date as of the close of trading on Friday. Currently there are 4 analysts that rate Roper Industries a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Roper Industries as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, good cash flow from operations, increase in net income and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Roper Industries Ratings Report now.

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3. As of noon trading, TE Connectivity ( TEL) is down $0.82 (-2.3%) to $34.68 on light volume Thus far, 482,873 shares of TE Connectivity exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $34.47-$35.16 after having opened the day at $35.16 as compared to the previous trading day's close of $35.50.

TE Connectivity Ltd., together with its subsidiaries, designs and manufactures products that connect and protect the flow of power and data inside the products used by consumers and industries. TE Connectivity has a market cap of $14.7 billion and is part of the technology sector. The company has a P/E ratio of 12.9, below the S&P 500 P/E ratio of 17.7. Shares are up 13.1% year to date as of the close of trading on Friday. Currently there are 9 analysts that rate TE Connectivity a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates TE Connectivity as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, expanding profit margins, good cash flow from operations, increase in stock price during the past year and growth in earnings per share. 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 TE Connectivity Ratings Report now.

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2. As of noon trading, Corning ( GLW) is down $0.14 (-1.2%) to $11.15 on light volume Thus far, 3.7 million shares of Corning exchanged hands as compared to its average daily volume of 14.1 million shares. The stock has ranged in price between $11.09-$11.31 after having opened the day at $11.26 as compared to the previous trading day's close of $11.29.

Corning Incorporated produces specialty glasses, ceramics, and related materials worldwide. The company operates in five segments: Display Technologies, Telecommunications, Environmental Technologies, Specialty Materials, and Life Sciences. Corning has a market cap of $16.4 billion and is part of the technology sector. The company has a P/E ratio of 8.8, below the S&P 500 P/E ratio of 17.7. Shares are down 14.3% year to date as of the close of trading on Friday. Currently there are 11 analysts that rate Corning a buy, 3 analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Corning 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 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 Corning Ratings Report now.

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1. As of noon trading, Taiwan Semiconductor Manufacturing ( TSM) is down $0.24 (-1.4%) to $16.60 on average volume Thus far, 5.0 million shares of Taiwan Semiconductor Manufacturing exchanged hands as compared to its average daily volume of 10.5 million shares. The stock has ranged in price between $16.56-$16.85 after having opened the day at $16.85 as compared to the previous trading day's close of $16.84.

Taiwan Semiconductor Manufacturing Company Limited engages in the computer-aided designing, manufacturing, packaging, testing, and selling integrated circuits and other semiconductor devices; and manufacturing masks. Taiwan Semiconductor Manufacturing has a market cap of $84.3 billion and is part of the technology sector. The company has a P/E ratio of 18.9, above the S&P 500 P/E ratio of 17.7. Shares are up 25.9% year to date as of the close of trading on Friday. Currently there is 1 analyst that rates Taiwan Semiconductor Manufacturing a buy, 1 analyst rates it a sell, and 4 rate 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 revenue growth, increase in net income, solid stock price performance and growth in earnings per share. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Taiwan Semiconductor Manufacturing Ratings Report now.

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If you are interested in one of these 4 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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