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 28 points (-0.2%) at 13,217 as of Thursday, Dec. 13, 2012, 12:05 PM ET. The NYSE advances/declines ratio sits at 1,125 issues advancing vs. 1,742 declining with 157 unchanged.

The Electronics industry currently sits down 0.2% versus the S&P 500, which is down 0.3%. On the negative front, top decliners within the industry include Cirrus Logic ( CRUS), down 4.2%, Cree ( CREE), down 2.0%, Linear Technology ( LLTC), down 1.7%, Maxim Integrated Products ( MXIM), down 1.6% and Advanced Semiconductor Engineering ( ASX), down 1.1%. A company within the industry that increased today was United Microelectronics ( UMC), up 1.5%.

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

5. KLA-Tencor Corporation ( KLAC) is one of the companies pushing the Electronics industry lower today. As of noon trading, KLA-Tencor Corporation is down $0.53 (-1.1%) to $46.55 on light volume Thus far, 429,574 shares of KLA-Tencor Corporation exchanged hands as compared to its average daily volume of 2.5 million shares. The stock has ranged in price between $46.43-$47.34 after having opened the day at $47.04 as compared to the previous trading day's close of $47.08.

KLA-Tencor Corporation designs, manufactures, and markets process control and yield management solutions for the semiconductor and related nanoelectronics industries. KLA-Tencor Corporation has a market cap of $7.9 billion and is part of the technology sector. The company has a P/E ratio of 11.5, below the S&P 500 P/E ratio of 17.7. Shares are down 2.4% year to date as of the close of trading on Wednesday. Currently there are 8 analysts that rate KLA-Tencor Corporation a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates KLA-Tencor Corporation 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, good cash flow from operations, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. Get the full KLA-Tencor Corporation Ratings Report now.

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4. As of noon trading, Skyworks Solutions ( SWKS) is down $0.92 (-4.1%) to $21.58 on average volume Thus far, 2.7 million shares of Skyworks Solutions exchanged hands as compared to its average daily volume of 5.3 million shares. The stock has ranged in price between $21.51-$22.45 after having opened the day at $22.40 as compared to the previous trading day's close of $22.50.

Skyworks Solutions, Inc., together with its subsidiaries, offers analog and mixed signal semiconductors worldwide. Skyworks Solutions has a market cap of $4.4 billion and is part of the technology sector. The company has a P/E ratio of 21.8, above the S&P 500 P/E ratio of 17.7. Shares are up 41.1% year to date as of the close of trading on Wednesday. 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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3. As of noon trading, Agilent Technologies ( A) is down $0.39 (-1.0%) to $40.12 on light volume Thus far, 1.2 million shares of Agilent Technologies exchanged hands as compared to its average daily volume of 3.6 million shares. The stock has ranged in price between $40.00-$40.42 after having opened the day at $40.39 as compared to the previous trading day's close of $40.51.

Agilent Technologies, Inc. provides bio-analytical and electronic measurement solutions to the communications, electronics, life sciences, and chemical analysis industries worldwide. Agilent Technologies has a market cap of $13.8 billion and is part of the technology sector. The company has a P/E ratio of 12.7, below the S&P 500 P/E ratio of 17.7. Shares are up 13.7% year to date as of the close of trading on Wednesday. Currently there are 11 analysts that rate Agilent Technologies a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Agilent Technologies 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, expanding profit margins and increase in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Agilent Technologies Ratings Report now.

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2. As of noon trading, Broadcom Corporation ( BRCM) is down $0.96 (-2.8%) to $33.38 on average volume Thus far, 4.4 million shares of Broadcom Corporation exchanged hands as compared to its average daily volume of 7.4 million shares. The stock has ranged in price between $33.24-$34.28 after having opened the day at $34.01 as compared to the previous trading day's close of $34.34.

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 $17.6 billion and is part of the technology sector. The company has a P/E ratio of 21.5, above the S&P 500 P/E ratio of 17.7. Shares are up 17.2% year to date as of the close of trading on Wednesday. Currently there are 32 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, expanding profit margins and reasonable valuation levels. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Broadcom Corporation Ratings Report now.

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1. As of noon trading, Texas Instruments ( TXN) is down $0.25 (-0.8%) to $30.81 on light volume Thus far, 3.2 million shares of Texas Instruments exchanged hands as compared to its average daily volume of 9.2 million shares. The stock has ranged in price between $30.74-$31.25 after having opened the day at $30.92 as compared to the previous trading day's close of $31.06.

Texas Instruments Incorporated engages in the design and sale of semiconductors to electronics designers and manufacturers worldwide. Texas Instruments has a market cap of $34.8 billion and is part of the technology sector. The company has a P/E ratio of 20.3, above the S&P 500 P/E ratio of 17.7. Shares are up 6.7% year to date as of the close of trading on Wednesday. Currently there are 9 analysts that rate Texas Instruments a buy, 5 analysts rate it a sell, and 20 rate it a hold.

TheStreet Ratings rates Texas Instruments 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, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Texas Instruments 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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