5 Electronics Stocks Dragging The Industry Down

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 15 points (0.1%) at 14,565 as of Thursday, April 4, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,512 issues advancing vs. 1,354 declining with 153 unchanged.

The Electronics industry currently sits up 0.1% versus the S&P 500, which is up 0.1%. A company within the industry that fell today was STMicroelectronics ( STM), up 2.9%. Top gainers within the industry include Advantest ( ATE), up 5.0%, Kyocera Corporation ( KYO), up 2.7%, Cree ( CREE), up 1.9%, Agilent Technologies ( A), up 1.6% and Altera ( ALTR), up 1.6%.

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 $0.25 (-1.8%) to $13.60 on light volume Thus far, 286,116 shares of LG.Display Company exchanged hands as compared to its average daily volume of 979,000 shares. The stock has ranged in price between $13.54-$13.65 after having opened the day at $13.59 as compared to the previous trading day's close of $13.85.

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 $10.1 billion and is part of the technology sector. Shares are down 4.4% year to date as of the close of trading on Wednesday. Currently there is 1 analyst that rates LG.Display Company a buy, 1 analyst rates it a sell, and 1 rates it a hold.

TheStreet Ratings rates LG.Display Company as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and poor profit margins. Get the full LG.Display Company Ratings Report now.

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4. As of noon trading, Ixia ( XXIA) is down $1.70 (-8.4%) to $18.61 on heavy volume Thus far, 1.1 million shares of Ixia exchanged hands as compared to its average daily volume of 879,400 shares. The stock has ranged in price between $18.40-$20.15 after having opened the day at $20.15 as compared to the previous trading day's close of $20.31.

Ixia supplies converged network and application performance testing solutions in the United States and internationally. It designs and validates a range of Internet protocol (IP) and third generation/long-term evolution networking equipment. Ixia has a market cap of $1.5 billion and is part of the technology sector. The company has a P/E ratio of 26.6, above the S&P 500 P/E ratio of 17.7. Shares are up 19.6% year to date as of the close of trading on Wednesday. Currently there are 4 analysts that rate Ixia a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Ixia 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, 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 Ixia Ratings Report now.

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3. As of noon trading, SunPower Corporation ( SPWR) is down $0.40 (-4.1%) to $9.29 on average volume Thus far, 2.7 million shares of SunPower Corporation exchanged hands as compared to its average daily volume of 3.8 million shares. The stock has ranged in price between $9.00-$9.52 after having opened the day at $9.52 as compared to the previous trading day's close of $9.69.

SunPower Corporation, an integrated solar products and solutions company, designs, manufactures, and delivers solar electric systems for residential, commercial, and utility-scale power plant customers worldwide. SunPower Corporation has a market cap of $1.3 billion and is part of the technology sector. Shares are up 72.4% year to date as of the close of trading on Wednesday. Currently there are 2 analysts that rate SunPower Corporation a buy, 2 analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates SunPower Corporation as a sell. The company's weaknesses can be seen in multiple areas, such as its unimpressive growth in net income and poor profit margins. Get the full SunPower Corporation Ratings Report now.

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2. As of noon trading, Analog Devices ( ADI) is down $0.26 (-0.6%) to $43.80 on average volume Thus far, 1.3 million shares of Analog Devices exchanged hands as compared to its average daily volume of 2.3 million shares. The stock has ranged in price between $43.67-$44.19 after having opened the day at $44.13 as compared to the previous trading day's close of $44.06.

Analog Devices, Inc. engages in the design, manufacture, and marketing of analog, mixed-signal, and digital signal processing integrated circuits (ICs) for use in industrial, automotive, consumer, and communication markets worldwide. Analog Devices has a market cap of $13.8 billion and is part of the technology sector. The company has a P/E ratio of 21.6, above the S&P 500 P/E ratio of 17.7. Shares are up 7.5% year to date as of the close of trading on Wednesday. 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 shows weak operating cash flow. Get the full Analog Devices Ratings Report now.

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1. As of noon trading, ASML ( ASML) is down $0.82 (-1.2%) to $65.42 on heavy volume Thus far, 1.6 million shares of ASML exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $65.06-$65.87 after having opened the day at $65.42 as compared to the previous trading day's close of $66.24.

ASML Holding NV engages in designing, manufacturing, marketing, and servicing semiconductor processing equipment used in the fabrication of integrated circuits or chips worldwide. ASML has a market cap of $27.2 billion and is part of the technology sector. Shares are up 3.8% year to date as of the close of trading on Wednesday. Currently there are 8 analysts that rate ASML a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates ASML 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, increase in net income, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. Get the full ASML Ratings Report now.

Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks for 14-days FREE.

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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