XLNX, ASML, AMAT, GLW And TXN, 5 Electronics Stocks Pushing The 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 34 points (-0.2%) at 14,831 as of Friday, April 12, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 825 issues advancing vs. 2,080 declining with 130 unchanged.

The Electronics industry currently sits down 0.67 versus the S&P 500, which is down 0.51. On the negative front, top decliners within the industry include Lam Research Corporation ( LRCX), down 2.45, Avago Technologies ( AVGO), down 2.13, STMicroelectronics ( STM), down 2.13, NXP Semiconductor ( NXPI), down 1.72 and Amphenol ( APH), down 1.67. A company within the industry that increased today was NVIDIA Corporation ( NVDA), up 3.25.

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

5. Xilinx ( XLNX) is one of the companies pushing the Electronics industry lower today. As of noon trading, Xilinx is down $0.42 (-1.1%) to $36.99 on average volume Thus far, 1.7 million shares of Xilinx exchanged hands as compared to its average daily volume of 3.2 million shares. The stock has ranged in price between $36.63-$37.40 after having opened the day at $37.36 as compared to the previous trading day's close of $37.41.

Xilinx, Inc. designs, develops, and markets programmable platforms worldwide. Xilinx has a market cap of $9.9 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 4.3% year to date as of the close of trading on Thursday.

TheStreet Ratings rates Xilinx as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins, largely solid financial position with reasonable debt levels by most measures, increase in stock price during the past year 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 Xilinx Ratings Report now.

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