3 Stocks Underperforming Today In The Electronics Industry

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 76 points (0.5%) at 15,300 as of Tuesday, July 9, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 2,101 issues advancing vs. 849 declining with 106 unchanged.

The Electronics industry currently sits up 0.6% versus the S&P 500, which is up 1.2%. Top gainers within the industry include Freescale Semiconductor ( FSL), up 11.7%, Advanced Semiconductor Engineering ( ASX), up 4.6%, LG.Display Company ( LPL), up 4.1%, Jabil Circuit ( JBL), up 4.0% and Applied Materials ( AMAT), up 3.7%.

TheStreet would like to highlight 3 stocks pushing the industry lower today:

3. Ixia ( XXIA) is one of the companies pushing the Electronics industry lower today. As of noon trading, Ixia is down $3.34 (-18.8%) to $14.40 on heavy volume. Thus far, 3.7 million shares of Ixia exchanged hands as compared to its average daily volume of 714,200 shares. The stock has ranged in price between $13.31-$14.99 after having opened the day at $14.95 as compared to the previous trading day's close of $17.74.

Ixia provides converged Internet protocol (IP) network validation and network visibility solutions in the United States and internationally. The company's solutions are used to design, verify, and monitor a range of Ethernet, Wi-Fi, and 3G/long-term evolution equipment and networks. Ixia has a market cap of $1.4 billion and is part of the technology sector. Shares are up 5.9% year to date as of the close of trading on Monday. Currently there are 5 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, impressive record of earnings per share growth, compelling growth in net income, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Ixia 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, STMicroelectronics ( STM) is down $0.23 (-2.5%) to $9.07 on light volume. Thus far, 536,341 shares of STMicroelectronics exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $9.05-$9.23 after having opened the day at $9.23 as compared to the previous trading day's close of $9.30.

STMicroelectronics N.V. engages in the design, development, manufacture, and marketing of various semiconductor integrated circuits and discrete devices worldwide. STMicroelectronics has a market cap of $8.3 billion and is part of the technology sector. Shares are up 28.5% year to date as of the close of trading on Monday. Currently there are 2 analysts that rate STMicroelectronics a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates STMicroelectronics as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and weak operating cash flow. Get the full STMicroelectronics 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, Micron Technology ( MU) is down $0.67 (-4.8%) to $13.36 on heavy volume. Thus far, 41.1 million shares of Micron Technology exchanged hands as compared to its average daily volume of 35.0 million shares. The stock has ranged in price between $13.23-$14.14 after having opened the day at $14.08 as compared to the previous trading day's close of $14.03.

Micron Technology, Inc., together with its subsidiaries, engages in the manufacture and marketing of semiconductor devices worldwide. Micron Technology has a market cap of $14.7 billion and is part of the technology sector. Shares are up 121.3% year to date as of the close of trading on Monday. Currently there are 14 analysts that rate Micron Technology a buy, 2 analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Micron Technology as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including poor profit margins and weak operating cash flow. Get the full Micron Technology 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).

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