5 Stocks Dragging In The Electronics Industry

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 15 points (0.1%) at 15,467 as of Wednesday, July 17, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,986 issues advancing vs. 913 declining with 127 unchanged.

The Electronics industry currently sits up 0.2% versus the S&P 500, which is up 0.3%. On the negative front, top decliners within the industry include Broadcom Corporation ( BRCM), down 3.2%, Advantest ( ATE), down 2.7%, CGG ( CGG), down 1.8% and Corning ( GLW), down 0.7%. Top gainers within the industry include Atmel Corporation ( ATML), up 4.2%, Micron Technology ( MU), up 2.2%, Freescale Semiconductor ( FSL), up 2.2%, Lam Research Corporation ( LRCX), up 1.6% and ASML ( ASML), up 1.4%.

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

5. Siliconware Precision Industries ( SPIL) is one of the companies pushing the Electronics industry lower today. As of noon trading, Siliconware Precision Industries is down $0.18 (-3.0%) to $5.60 on average volume. Thus far, 348,863 shares of Siliconware Precision Industries exchanged hands as compared to its average daily volume of 823,800 shares. The stock has ranged in price between $5.57-$5.62 after having opened the day at $5.60 as compared to the previous trading day's close of $5.77.

Siliconware Precision Industries Co., Ltd. provides semiconductor packaging and testing services to semiconductor suppliers worldwide. Siliconware Precision Industries has a market cap of $3.6 billion and is part of the technology sector. Shares are up 8.1% year to date as of the close of trading on Tuesday. Currently there are 2 analysts that rate Siliconware Precision Industries a buy, 1 analyst rates it a sell, and none rate it a hold.

TheStreet Ratings rates Siliconware Precision Industries as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, solid stock price performance, largely solid financial position with reasonable debt levels by most measures 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 Siliconware Precision 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.

4. As of noon trading, United Microelectronics ( UMC) is down $0.04 (-1.8%) to $2.19 on average volume. Thus far, 1.5 million shares of United Microelectronics exchanged hands as compared to its average daily volume of 2.2 million shares. The stock has ranged in price between $2.16-$2.21 after having opened the day at $2.19 as compared to the previous trading day's close of $2.23.

United Microelectronics Corporation provides semiconductor wafer foundry solutions. The company offers wafer manufacturing services and other solutions to address the needs of foundry customers. United Microelectronics has a market cap of $6.1 billion and is part of the technology sector. Shares are up 12.1% year to date as of the close of trading on Tuesday. Currently there is 1 analyst that rates United Microelectronics a buy, 1 analyst rates it a sell, and none rate it a hold.

TheStreet Ratings rates United Microelectronics 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, attractive valuation levels, expanding profit margins 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 United Microelectronics 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, AU Optronics Corporation ( AUO) is down $0.16 (-4.2%) to $3.52 on heavy volume. Thus far, 1.9 million shares of AU Optronics Corporation exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $3.48-$3.58 after having opened the day at $3.57 as compared to the previous trading day's close of $3.67.

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 $3.2 billion and is part of the technology sector. Shares are down 18.4% year to date as of the close of trading on Tuesday. 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, generally disappointing historical performance in the stock itself 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.

2. As of noon trading, LG.Display Company ( LPL) is down $0.18 (-1.4%) to $12.23 on heavy volume. Thus far, 575,957 shares of LG.Display Company exchanged hands as compared to its average daily volume of 586,200 shares. The stock has ranged in price between $12.16-$12.36 after having opened the day at $12.36 as compared to the previous trading day's close of $12.41.

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 $8.9 billion and is part of the technology sector. Shares are down 14.3% year to date as of the close of trading on Tuesday. Currently there is 1 analyst that rates LG.Display Company a buy, no analysts rate it a sell, and 2 rate 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.

1. As of noon trading, ABB ( ABB) is down $0.12 (-0.5%) to $22.60 on light volume. Thus far, 503,131 shares of ABB exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $22.57-$22.77 after having opened the day at $22.76 as compared to the previous trading day's close of $22.72.

ABB Ltd provides power and automation technologies for utility and industrial customers worldwide. ABB has a market cap of $51.8 billion and is part of the technology sector. Shares are up 9.3% year to date as of the close of trading on Tuesday. Currently there are 5 analysts that rate ABB a buy, 1 analyst rates it a sell, and 1 rates it a hold.

TheStreet Ratings rates ABB 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, reasonable valuation levels and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full ABB 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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