5 Stocks Pushing The 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 down today with the Dow Jones Industrial Average ( ^DJI) trading down 65 points (-0.4%) at 15,111 as of Friday, June 14, 2013, 12:45 PM ET. The NYSE advances/declines ratio sits at 2,604 issues advancing vs. 474 declining with 57 unchanged.

The Electronics industry currently sits down 0.45 versus the S&P 500, which is down 0.25. On the negative front, top decliners within the industry include Semiconductor Manufacturing International C ( SMI), down 3.73, Advantest ( ATE), down 3.35, First Solar ( FSLR), down 2.62, United Microelectronics ( UMC), down 2.78 and Advanced Semiconductor Engineering ( ASX), down 1.60. Top gainers within the industry include Broadcom Corporation ( BRCM), up 2.0%, Xilinx ( XLNX), up 1.3%, Maxim Integrated Products ( MXIM), up 1.2%, NXP Semiconductor ( NXPI), up 1.1% and Texas Instruments ( TXN), up 0.6%.

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

5. AU Optronics Corporation ( AUO) is one of the companies pushing the Electronics industry lower today. As of noon trading, AU Optronics Corporation is down $0.14 (-3.4%) to $3.97 on heavy volume Thus far, 1.2 million shares of AU Optronics Corporation exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $3.97-$4.06 after having opened the day at $4.05 as compared to the previous trading day's close of $4.11.

AU Optronics Corp. engages in the design, development, manufacture, assembly, and marketing of thin film transistor liquid crystal displays and other flat panel displays. The company operates in two segments, Display and Solar. AU Optronics Corporation has a market cap of $3.6 billion and is part of the technology sector. Shares are down 8.7% year to date as of the close of trading on Thursday. Currently there is 1 analyst that rates AU Optronics Corporation a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates AU Optronics Corporation as a sell. The company's weaknesses can be seen in multiple areas, such as its generally high debt management risk, disappointing return on equity and poor profit margins. Get the full AU Optronics 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.

4. As of noon trading, LG.Display Company ( LPL) is down $0.22 (-1.6%) to $13.51 on light volume Thus far, 157,367 shares of LG.Display Company exchanged hands as compared to its average daily volume of 685,200 shares. The stock has ranged in price between $13.48-$13.69 after having opened the day at $13.69 as compared to the previous trading day's close of $13.73.

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 $9.7 billion and is part of the technology sector. The company has a P/E ratio of 43.9, above the S&P 500 P/E ratio of 17.7. Shares are down 5.2% year to date as of the close of trading on Thursday. 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 revenue growth, compelling growth in net income and good cash flow from operations. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. Get the full LG.Display Company 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, Ametek ( AME) is down $0.36 (-0.8%) to $42.37 on light volume Thus far, 368,085 shares of Ametek exchanged hands as compared to its average daily volume of 1.0 million shares. The stock has ranged in price between $42.25-$42.70 after having opened the day at $42.60 as compared to the previous trading day's close of $42.73.

AMETEK, Inc. manufactures and sells electronic instruments and electromechanical devices in North America, Europe, Asia, and South America. The company operates in two segments, Electronic Instruments Group and Electromechanical Group. Ametek has a market cap of $10.3 billion and is part of the technology sector. The company has a P/E ratio of 21.8, above the S&P 500 P/E ratio of 17.7. Shares are up 13.7% year to date as of the close of trading on Thursday. Currently there are 7 analysts that rate Ametek a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Ametek as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income, expanding profit margins and good cash flow from operations. 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 Ametek 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, Roper Industries ( ROP) is down $0.89 (-0.7%) to $120.61 on light volume Thus far, 79,301 shares of Roper Industries exchanged hands as compared to its average daily volume of 496,500 shares. The stock has ranged in price between $120.33-$121.80 after having opened the day at $121.43 as compared to the previous trading day's close of $121.50.

Roper Industries, Inc. designs, manufactures, and distributes radio frequency (RF) products and services, industrial technology products, energy systems and controls, and medical and scientific imaging products and software. Roper Industries has a market cap of $11.8 billion and is part of the industrial goods sector. The company has a P/E ratio of 23.8, above the S&P 500 P/E ratio of 17.7. Shares are up 9.0% year to date as of the close of trading on Thursday. Currently there are 3 analysts that rate Roper Industries a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Roper Industries as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, revenue growth, 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 Roper Industries 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, SunPower Corporation ( SPWR) is down $0.80 (-4.0%) to $18.93 on light volume Thus far, 2.2 million shares of SunPower Corporation exchanged hands as compared to its average daily volume of 6.1 million shares. The stock has ranged in price between $18.83-$20.19 after having opened the day at $20.16 as compared to the previous trading day's close of $19.73.

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 $2.3 billion and is part of the technology sector. Shares are up 251.1% year to date as of the close of trading on Thursday. Currently there are 4 analysts that rate SunPower Corporation a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates SunPower Corporation as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and impressive record of earnings per share growth. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. Get the full SunPower 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 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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