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

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading up 14 points (0.1%) at 12,892 as of Wednesday, Nov. 28, 2012, 12:00 PM ET. The NYSE advances/declines ratio sits at 1,435 issues advancing vs. 1,435 declining with 148 unchanged.

The Electronics industry currently sits up 0.4% versus the S&P 500, which is down 0.0%. On the negative front, top decliners within the industry include Silicon Laboratories ( SLAB), down 3.4%, Advantest ( ATE), down 2.9%, Bruker Corporation ( BRKR), down 1.6%, United Microelectronics ( UMC), down 1.5% and STMicroelectronics ( STM), down 0.8%. Top gainers within the industry include Advanced Micro Devices ( AMD), up 3.5%, Freescale Semiconductor ( FSL), up 3.7%, Nationstar Mortgage Holdings ( NSM), up 2.6%, AU Optronics Corporation ( AUO), up 2.5% and Garmin ( GRMN), up 1.9%.

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

5. Acuity Brands ( AYI) is one of the companies pushing the Electronics industry lower today. As of noon trading, Acuity Brands is down $1.77 (-2.7%) to $62.82 on light volume Thus far, 107,167 shares of Acuity Brands exchanged hands as compared to its average daily volume of 344,300 shares. The stock has ranged in price between $62.14-$64.09 after having opened the day at $64.09 as compared to the previous trading day's close of $64.59.

Acuity Brands, Inc., through its subsidiaries, engages in the design, production, and distribution of lighting solutions and services in North America and internationally. Acuity Brands has a market cap of $2.8 billion and is part of the technology sector. The company has a P/E ratio of 23.9, above the S&P 500 P/E ratio of 17.7. Shares are up 22.7% year to date as of the close of trading on Tuesday. Currently there are 5 analysts that rate Acuity Brands a buy, 2 analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Acuity Brands 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, expanding profit margins, solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Acuity Brands Ratings Report now.

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4. As of noon trading, NXP Semiconductor ( NXPI) is down $0.13 (-0.5%) to $23.75 on light volume Thus far, 266,748 shares of NXP Semiconductor exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $23.34-$23.82 after having opened the day at $23.50 as compared to the previous trading day's close of $23.88.

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 $6.0 billion and is part of the technology sector. Shares are up 55.4% year to date as of the close of trading on Tuesday. Currently there are 6 analysts that rate NXP Semiconductor a buy, no analysts rate it a sell, and 2 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, disappointing return on equity and weak operating cash flow. Get the full NXP Semiconductor Ratings Report now.

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3. As of noon trading, Analog Devices ( ADI) is down $0.30 (-0.8%) to $39.81 on heavy volume Thus far, 2.2 million shares of Analog Devices exchanged hands as compared to its average daily volume of 2.1 million shares. The stock has ranged in price between $38.82-$39.93 after having opened the day at $38.89 as compared to the previous trading day's close of $40.11.

Analog Devices, Inc. engages in the design, manufacture, and marketing of analog, mixed-signal, and digital signal processing integrated circuits (ICs) used in industrial, automotive, consumer, and communication applications. Analog Devices has a market cap of $12.1 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 12.9% year to date as of the close of trading on Tuesday. Currently there are 10 analysts that rate Analog Devices a buy, no analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates Analog Devices 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, solid stock price performance, 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 Analog Devices Ratings Report now.

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2. As of noon trading, Mellanox Technologies ( MLNX) is down $5.16 (-6.1%) to $79.14 on average volume Thus far, 561,829 shares of Mellanox Technologies exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $77.92-$83.68 after having opened the day at $83.36 as compared to the previous trading day's close of $84.30.

Mellanox technologies, Ltd., a fabless semiconductor company, produces and supplies interconnect products for computing, storage, and communication applications in the computing, Web 2.0, storage, financial services, database, and cloud markets. Mellanox Technologies has a market cap of $3.6 billion and is part of the technology sector. The company has a P/E ratio of 27.9, above the S&P 500 P/E ratio of 17.7. Shares are up 162.4% year to date as of the close of trading on Tuesday. Currently there are 5 analysts that rate Mellanox Technologies a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Mellanox Technologies 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 good cash flow from operations. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. Get the full Mellanox Technologies Ratings Report now.

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1. As of noon trading, Skyworks Solutions ( SWKS) is down $0.18 (-0.8%) to $21.47 on light volume Thus far, 1.6 million shares of Skyworks Solutions exchanged hands as compared to its average daily volume of 5.4 million shares. The stock has ranged in price between $20.97-$21.64 after having opened the day at $21.42 as compared to the previous trading day's close of $21.65.

Skyworks Solutions, Inc., together with its subsidiaries, offers analog and mixed signal semiconductors worldwide. The company provides power amplifiers and front-end solutions for cellular handsets from entry level to multimedia platforms, as well as smart phones. Skyworks Solutions has a market cap of $4.2 billion and is part of the technology sector. The company has a P/E ratio of 20.6, above the S&P 500 P/E ratio of 17.7. Shares are up 33.4% year to date as of the close of trading on Tuesday. Currently there are 14 analysts that rate Skyworks Solutions a buy, no analysts rate it a sell, and 4 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 revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, solid stock price performance and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Skyworks Solutions Ratings Report now.

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If you are interested in one of these 5 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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