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 up today with the Dow Jones Industrial Average ( ^DJI) trading up 40 points (0.3%) at 13,114 as of Friday, Dec. 7, 2012, 11:49 AM ET. The NYSE advances/declines ratio sits at 1,438 issues advancing vs. 1,420 declining with 156 unchanged.

The Electronics industry currently sits down 0.2% versus the S&P 500, which is up 0.1%. On the negative front, top decliners within the industry include Freescale Semiconductor ( FSL), down 2.0%, STMicroelectronics ( STM), down 1.7%, United Microelectronics ( UMC), down 1.5%, Siliconware Precision Industries ( SPIL), down 1.2% and Kyocera Corporation ( KYO), down 1.0%. Top gainers within the industry include AU Optronics Corporation ( AUO), up 3.9%, Broadcom Corporation ( BRCM), up 1.7%, LG.Display Company ( LPL), up 1.7%, ASML ( ASML), up 0.9% and Altera ( ALTR), up 0.4%.

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

5. Analogic Corporation ( ALOG) is one of the companies pushing the Electronics industry lower today. As of noon trading, Analogic Corporation is down $4.26 (-5.8%) to $68.50 on heavy volume Thus far, 198,853 shares of Analogic Corporation exchanged hands as compared to its average daily volume of 115,000 shares. The stock has ranged in price between $67.61-$71.00 after having opened the day at $70.00 as compared to the previous trading day's close of $72.76.

Analogic Corporation, a technology company, engages in the design, manufacture, and sale of medical imaging and security systems and subsystems to original equipment manufacturers and end users in the healthcare and airport security markets worldwide. Analogic Corporation has a market cap of $890.7 million and is part of the technology sector. The company has a P/E ratio of 21.3, above the S&P 500 P/E ratio of 17.7. Shares are up 27.0% year to date as of the close of trading on Thursday. Currently there are 3 analysts that rate Analogic Corporation a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Analogic 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, solid stock price performance, compelling growth in net income and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Analogic Corporation Ratings Report now.

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