ST, ADI, ALTR, NVDA And BRCM, Pushing Electronics Industry Downward

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 up today with the Dow Jones Industrial Average ( ^DJI) trading up 79 points (0.5%) at 15,467 as of Wednesday, May 22, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,746 issues advancing vs. 1,183 declining with 133 unchanged.

The Electronics industry currently sits down 0.34 versus the S&P 500, which is up 0.5%. On the negative front, top decliners within the industry include First Solar ( FSLR), down 2.41, LG.Display Company ( LPL), down 2.50, Amphenol ( APH), down 2.16, United Microelectronics ( UMC), down 1.81 and STMicroelectronics ( STM), down 2.03. Top gainers within the industry include Kyocera Corporation ( KYO), up 4.9%, Intel ( INTC), up 1.1% and Eaton Corporation ( ETN), up 0.6%.

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

5. Sensata Technologies Holding N.V ( ST) is one of the companies pushing the Electronics industry lower today. As of noon trading, Sensata Technologies Holding N.V is down $1.29 (-3.5%) to $35.40 on heavy volume Thus far, 4.3 million shares of Sensata Technologies Holding N.V exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $35.30-$35.75 after having opened the day at $35.69 as compared to the previous trading day's close of $36.69.

Sensata Technologies Holding N.V, through its subsidiaries, engages in the development, manufacture, and sale of sensors and controls primarily in the Americas, the Asia Pacific, and Europe. The company operates in two segments, Sensors and Controls. Sensata Technologies Holding N.V has a market cap of $6.4 billion and is part of the technology sector. The company has a P/E ratio of 38.2, above the S&P 500 P/E ratio of 17.7. Shares are up 12.9% year to date as of the close of trading on Tuesday.

TheStreet Ratings rates Sensata Technologies Holding N.V as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins, 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 Sensata Technologies Holding N.V Ratings Report now.

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4. As of noon trading, Analog Devices ( ADI) is down $0.50 (-1.1%) to $46.06 on heavy volume Thus far, 2.0 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 $45.50-$46.48 after having opened the day at $45.65 as compared to the previous trading day's close of $46.56.

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 $14.3 billion and is part of the technology sector. The company has a P/E ratio of 22.4, above the S&P 500 P/E ratio of 17.7. Shares are up 11.4% year to date as of the close of trading on Tuesday.

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 reasonable valuation levels. 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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3. As of noon trading, Altera ( ALTR) is down $0.41 (-1.2%) to $33.50 on average volume Thus far, 2.0 million shares of Altera exchanged hands as compared to its average daily volume of 3.4 million shares. The stock has ranged in price between $33.43-$33.91 after having opened the day at $33.82 as compared to the previous trading day's close of $33.91.

Altera Corporation, a semiconductor company, designs, manufactures, and markets programmable logic devices (PLD), HardCopy application-specific integrated circuit (ASIC) devices, pre-defined design building blocks, and proprietary development software. Altera has a market cap of $10.9 billion and is part of the technology sector. The company has a P/E ratio of 19.5, above the S&P 500 P/E ratio of 17.7. Shares are down 1.4% year to date as of the close of trading on Tuesday.

TheStreet Ratings rates Altera 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, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Altera Ratings Report now.

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2. As of noon trading, NVIDIA Corporation ( NVDA) is down $0.18 (-1.2%) to $14.74 on average volume Thus far, 4.8 million shares of NVIDIA Corporation exchanged hands as compared to its average daily volume of 9.8 million shares. The stock has ranged in price between $14.71-$14.98 after having opened the day at $14.98 as compared to the previous trading day's close of $14.92.

NVIDIA Corporation, a visual computing company, develops graphics chips for use in personal computers (PC), mobile devices, and supercomputers. The company operates through two segments, GPU and Tegra Processors. NVIDIA Corporation has a market cap of $9.2 billion and is part of the technology sector. The company has a P/E ratio of 16.1, below the S&P 500 P/E ratio of 17.7. Shares are up 21.0% year to date as of the close of trading on Tuesday.

TheStreet Ratings rates NVIDIA 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, increase in net income, reasonable valuation levels and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full NVIDIA Corporation Ratings Report now.

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1. As of noon trading, Broadcom Corporation ( BRCM) is down $0.20 (-0.5%) to $37.20 on average volume Thus far, 2.6 million shares of Broadcom Corporation exchanged hands as compared to its average daily volume of 6.7 million shares. The stock has ranged in price between $37.10-$37.48 after having opened the day at $37.38 as compared to the previous trading day's close of $37.40.

Broadcom Corporation provides semiconductor solutions for wired and wireless communications. Its products offer voice, video, data, and multimedia connectivity in the home, office, and mobile environments. Broadcom Corporation has a market cap of $19.5 billion and is part of the technology sector. The company has a P/E ratio of 26.2, above the S&P 500 P/E ratio of 17.7. Shares are up 12.6% year to date as of the close of trading on Tuesday.

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, increase in net income, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Broadcom Corporation 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 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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