5 Stocks Dragging In The Electronics Industry

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 41 points (-0.3%) at 15,444 as of Tuesday, July 16, 2013, 12:45 PM ET. The NYSE advances/declines ratio sits at 951 issues advancing vs. 1,969 declining with 95 unchanged.

The Electronics industry currently is unchanged today versus the S&P 500, which is down 0.4%. On the negative front, top decliners within the industry include SunEdison ( SUNE), down 4.0%, United Microelectronics ( UMC), down 3.6%, Advanced Semiconductor Engineering ( ASX), down 1.6%, Sensata Technologies Holding N.V ( ST), down 1.4% and STMicroelectronics ( STM), down 1.2%. Top gainers within the industry include Avago Technologies ( AVGO), up 2.9%, Micron Technology ( MU), up 1.3%, Xilinx ( XLNX), up 0.9%, KLA-Tencor Corporation ( KLAC), up 0.8% and Broadcom Corporation ( BRCM), up 0.6%.

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

5. Marvell Technology Group ( MRVL) is one of the companies pushing the Electronics industry lower today. As of noon trading, Marvell Technology Group is down $0.16 (-1.3%) to $11.81 on light volume. Thus far, 1.5 million shares of Marvell Technology Group exchanged hands as compared to its average daily volume of 7.1 million shares. The stock has ranged in price between $11.77-$12.02 after having opened the day at $12.01 as compared to the previous trading day's close of $11.97.

Marvell Technology Group Ltd. designs, develops, and markets analog, mixed-signal, digital signal processing, and embedded and standalone ARM-based microprocessor integrated circuits. Marvell Technology Group has a market cap of $5.9 billion and is part of the technology sector. Shares are up 65.4% year to date as of the close of trading on Monday. Currently there are 9 analysts that rate Marvell Technology Group a buy, 3 analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates Marvell Technology Group as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, expanding profit margins and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow. Get the full Marvell Technology Group 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, Maxim Integrated Products ( MXIM) is down $0.29 (-1.0%) to $28.99 on light volume. Thus far, 1.0 million shares of Maxim Integrated Products exchanged hands as compared to its average daily volume of 3.1 million shares. The stock has ranged in price between $28.87-$29.39 after having opened the day at $29.24 as compared to the previous trading day's close of $29.28.

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 $8.3 billion and is part of the technology sector. Shares are down 3.5% year to date as of the close of trading on Monday. Currently there are 10 analysts that rate Maxim Integrated Products a buy, no analysts rate it a sell, and 9 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, Advanced Micro Devices ( AMD) is down $0.14 (-3.1%) to $4.26 on average volume. Thus far, 20.2 million shares of Advanced Micro Devices exchanged hands as compared to its average daily volume of 29.5 million shares. The stock has ranged in price between $4.25-$4.49 after having opened the day at $4.42 as compared to the previous trading day's close of $4.40.

Advanced Micro Devices, Inc. operates as a semiconductor company worldwide. It operates in two segments, Computing Solutions and Graphics. Advanced Micro Devices has a market cap of $3.1 billion and is part of the technology sector. Shares are up 80.0% year to date as of the close of trading on Monday. Currently there are 7 analysts that rate Advanced Micro Devices a buy, 2 analysts rate it a sell, and 14 rate it a hold.

TheStreet Ratings rates Advanced Micro Devices as a sell. The company's weaknesses can be seen in multiple areas, such as its disappointing return on equity, weak operating cash flow, generally disappointing historical performance in the stock itself and generally high debt management risk. Get the full Advanced Micro Devices 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, Cree ( CREE) is down $0.84 (-1.2%) to $69.01 on light volume. Thus far, 752,401 shares of Cree exchanged hands as compared to its average daily volume of 2.3 million shares. The stock has ranged in price between $68.84-$70.49 after having opened the day at $70.37 as compared to the previous trading day's close of $69.85.

Cree, Inc. develops and manufactures lighting-class light emitting diode (LED) products, lighting products, and semiconductor products for power and radio-frequency (RF) applications. Cree has a market cap of $8.2 billion and is part of the technology sector. Shares are up 104.9% year to date as of the close of trading on Monday. Currently there are 9 analysts that rate Cree a buy, 3 analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Cree as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, compelling growth in net income, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Cree 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 $1.07 (-4.0%) to $25.92 on average volume. Thus far, 3.4 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 $25.45-$27.26 after having opened the day at $26.85 as compared to the previous trading day's close of $26.99.

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 $3.1 billion and is part of the technology sector. Shares are up 361.7% year to date as of the close of trading on Monday. 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 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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