4 Stocks Underperforming Today In The Electronics Industry

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 8 points (0.1%) at 15,256 as of Monday, June 10, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,353 issues advancing vs. 1,578 declining with 107 unchanged.

The Electronics industry currently sits up 1.0% versus the S&P 500, which is up 0.1%.

TheStreet Ratings group would like to highlight 4 stocks pushing the industry lower today:

4. Maxim Integrated Products ( MXIM) is one of the companies pushing the Electronics industry lower today. As of noon trading, Maxim Integrated Products is down $0.49 (-1.7%) to $27.99 on heavy volume Thus far, 3.7 million shares of Maxim Integrated Products exchanged hands as compared to its average daily volume of 2.7 million shares. The stock has ranged in price between $27.57-$28.15 after having opened the day at $28.12 as compared to the previous trading day's close of $28.48.

Maxim Integrated Products, Inc. engages in designing, developing, manufacturing, and marketing various linear and mixed-signal integrated circuits worldwide. The company also provides various high-frequency process technologies and capabilities for use in custom designs. Maxim Integrated Products has a market cap of $8.4 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 1.9% year to date as of the close of trading on Friday. Currently there are 12 analysts that rate Maxim Integrated Products a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Maxim Integrated Products as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, expanding profit margins, good cash flow from operations and increase in net income. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full Maxim Integrated Products Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

3. As of noon trading, Agilent Technologies ( A) is down $0.40 (-0.9%) to $44.75 on light volume Thus far, 1.2 million shares of Agilent Technologies exchanged hands as compared to its average daily volume of 3.8 million shares. The stock has ranged in price between $44.56-$45.35 after having opened the day at $45.35 as compared to the previous trading day's close of $45.15.

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 $15.5 billion and is part of the health care sector. The company has a P/E ratio of 15.6, below the S&P 500 P/E ratio of 17.7. Shares are up 9.9% year to date as of the close of trading on Friday. Currently there are 14 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 largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, expanding profit margins, 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 sub par growth in net income. Get the full Agilent Technologies Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

2. As of noon trading, Corning ( GLW) is down $0.10 (-0.6%) to $15.28 on light volume Thus far, 3.2 million shares of Corning exchanged hands as compared to its average daily volume of 13.8 million shares. The stock has ranged in price between $15.19-$15.45 after having opened the day at $15.42 as compared to the previous trading day's close of $15.38.

Corning Incorporated produces and sells specialty glasses, ceramics, and related materials worldwide. It operates through five segments: Display Technologies, Telecommunications, Environmental Technologies, Specialty Materials, and Life Sciences. Corning has a market cap of $22.1 billion and is part of the technology sector. The company has a P/E ratio of 12.8, below the S&P 500 P/E ratio of 17.7. Shares are up 21.9% year to date as of the close of trading on Friday. Currently there are 10 analysts that rate Corning a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates Corning 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, increase in stock price during the past year and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Corning Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

1. As of noon trading, Broadcom Corporation ( BRCM) is down $0.35 (-1.0%) to $35.04 on average volume Thus far, 3.0 million shares of Broadcom Corporation exchanged hands as compared to its average daily volume of 6.6 million shares. The stock has ranged in price between $34.89-$35.40 after having opened the day at $35.40 as compared to the previous trading day's close of $35.39.

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 $18.2 billion and is part of the technology sector. The company has a P/E ratio of 24.4, above the S&P 500 P/E ratio of 17.7. Shares are up 5.3% year to date as of the close of trading on Friday. Currently there are 28 analysts that rate Broadcom Corporation a buy, 1 analyst rates it a sell, and 5 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, 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.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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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