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 30 points (-0.2%) at 14,005 as of Wednesday, Feb. 20, 2013, 12:04 PM ET. The NYSE advances/declines ratio sits at 991 issues advancing vs. 1,875 declining with 138 unchanged.

The Electronics industry currently sits down 0.3% versus the S&P 500, which is down 0.5%. On the negative front, top decliners within the industry include Garmin ( GRMN), down 10.5%, NXP Semiconductor ( NXPI), down 1.3%, Analog Devices ( ADI), down 1.1% and ASML ( ASML), down 0.5%. A company within the industry that increased today was Advanced Semiconductor Engineering ( ASX), up 3.4%.

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

5. Agilent Technologies ( A) is one of the companies pushing the Electronics industry lower today. As of noon trading, Agilent Technologies is down $0.36 (-0.8%) to $42.65 on light volume Thus far, 1.1 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 $42.55-$42.85 after having opened the day at $42.84 as compared to the previous trading day's close of $43.01.

Agilent Technologies, Inc. provides bio-analytical and electronic measurement solutions and services to the life sciences, chemical analysis, diagnostics and genomics, communications, and electronics industries worldwide. Agilent Technologies has a market cap of $14.7 billion and is part of the health care sector. The company has a P/E ratio of 13.5, below the S&P 500 P/E ratio of 17.7. Shares are up 3.2% year to date as of the close of trading on Tuesday. Currently there are 13 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, good cash flow from operations, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Agilent Technologies Ratings Report now.

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4. As of noon trading, Applied Materials ( AMAT) is down $0.17 (-1.2%) to $13.72 on light volume Thus far, 3.9 million shares of Applied Materials exchanged hands as compared to its average daily volume of 12.6 million shares. The stock has ranged in price between $13.70-$13.91 after having opened the day at $13.90 as compared to the previous trading day's close of $13.89.

Applied Materials, Inc. provides manufacturing equipment, services, and software to the semiconductor, flat panel display, solar photovoltaic (PV), and related industries worldwide. Applied Materials has a market cap of $16.5 billion and is part of the technology sector. Shares are up 20.1% year to date as of the close of trading on Tuesday. Currently there are 5 analysts that rate Applied Materials a buy, 2 analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Applied Materials as a hold. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, 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 deteriorating net income, disappointing return on equity and weak operating cash flow. Get the full Applied Materials Ratings Report now.

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3. As of noon trading, Corning ( GLW) is down $0.18 (-1.4%) to $12.72 on light volume Thus far, 3.3 million shares of Corning exchanged hands as compared to its average daily volume of 15.7 million shares. The stock has ranged in price between $12.67-$12.94 after having opened the day at $12.92 as compared to the previous trading day's close of $12.90.

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 $18.8 billion and is part of the technology sector. The company has a P/E ratio of 11.1, below the S&P 500 P/E ratio of 17.7. Shares are up 1.3% year to date as of the close of trading on Tuesday. Currently there are 9 analysts that rate Corning a buy, 3 analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Corning as a hold. 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 and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and a generally disappointing performance in the stock itself. Get the full Corning Ratings Report now.

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2. As of noon trading, Texas Instruments ( TXN) is down $0.28 (-0.8%) to $33.66 on light volume Thus far, 1.9 million shares of Texas Instruments exchanged hands as compared to its average daily volume of 8.2 million shares. The stock has ranged in price between $33.61-$33.98 after having opened the day at $33.98 as compared to the previous trading day's close of $33.94.

Texas Instruments Incorporated engages in the design and sale of semiconductors to electronics designers and manufacturers worldwide. Texas Instruments has a market cap of $37.6 billion and is part of the technology sector. The company has a P/E ratio of 22.2, above the S&P 500 P/E ratio of 17.7. Shares are up 8.7% year to date as of the close of trading on Tuesday. Currently there are 12 analysts that rate Texas Instruments a buy, 6 analysts rate it a sell, and 16 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 good cash flow from operations, expanding profit margins, largely solid financial position with reasonable debt levels by most measures, notable return on equity and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Texas Instruments Ratings Report now.

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1. As of noon trading, Intel ( INTC) is down $0.18 (-0.8%) to $20.91 on light volume Thus far, 14.9 million shares of Intel exchanged hands as compared to its average daily volume of 48.2 million shares. The stock has ranged in price between $20.83-$21.10 after having opened the day at $21.09 as compared to the previous trading day's close of $21.08.

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 $105.1 billion and is part of the technology sector. The company has a P/E ratio of 9.4, below the S&P 500 P/E ratio of 17.7. Shares are up 2.4% year to date as of the close of trading on Tuesday. Currently there are 11 analysts that rate Intel a buy, 5 analysts rate it a sell, and 22 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 somewhat weak growth in earnings per share. Get the full Intel Ratings Report now.

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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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