5 Stocks Underperforming Today 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 15,558 as of Monday, July 22, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,691 issues advancing vs. 1,251 declining with 101 unchanged.

The Electronics industry currently sits up 0.7% versus the S&P 500, which is up 0.2%. A company within the industry that fell today was Kyocera Corporation ( KYO), up 1.1%. Top gainers within the industry include Himax Technologies ( HIMX), up 35.8%, Bruker Corporation ( BRKR), up 3.7%, United Microelectronics ( UMC), up 3.1%, Trimble Navigation ( TRMB), up 3.3% and Garmin ( GRMN), up 2.5%.

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

5. Mellanox Technologies ( MLNX) is one of the companies pushing the Electronics industry lower today. As of noon trading, Mellanox Technologies is down $3.12 (-5.8%) to $50.26 on heavy volume. Thus far, 970,060 shares of Mellanox Technologies exchanged hands as compared to its average daily volume of 678,300 shares. The stock has ranged in price between $50.12-$54.89 after having opened the day at $53.56 as compared to the previous trading day's close of $53.38.

Mellanox Technologies, Ltd., a fabless semiconductor company, produces and supplies semiconductor interconnect products for computing, storage, and communications applications in the high-performance computing, Web 2.0, storage, financial services, database, cloud, and embedded markets. Mellanox Technologies has a market cap of $2.2 billion and is part of the technology sector. Shares are down 10.1% year to date as of the close of trading on Friday. Currently there are 4 analysts that rate Mellanox Technologies a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Mellanox Technologies 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, notable return on equity and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, weak operating cash flow and a generally disappointing performance in the stock itself. Get the full Mellanox 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.

4. As of noon trading, KLA-Tencor Corporation ( KLAC) is down $0.52 (-0.9%) to $60.11 on light volume. Thus far, 596,953 shares of KLA-Tencor Corporation exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $60.06-$60.94 after having opened the day at $60.69 as compared to the previous trading day's close of $60.64.

KLA-Tencor Corporation designs, manufactures, and markets process control and yield management solutions for the semiconductor and related nanoelectronics industries. KLA-Tencor Corporation has a market cap of $10.0 billion and is part of the technology sector. Shares are up 26.0% year to date as of the close of trading on Friday. Currently there are 7 analysts that rate KLA-Tencor Corporation a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates KLA-Tencor Corporation 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, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. Get the full KLA-Tencor 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.

3. As of noon trading, Advanced Micro Devices ( AMD) is down $0.12 (-2.9%) to $3.91 on heavy volume. Thus far, 32.4 million shares of Advanced Micro Devices exchanged hands as compared to its average daily volume of 30.9 million shares. The stock has ranged in price between $3.91-$4.01 after having opened the day at $4.01 as compared to the previous trading day's close of $4.03.

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 $3.3 billion and is part of the technology sector. Shares are up 67.9% year to date as of the close of trading on Friday. 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 deteriorating net income, disappointing return on equity, weak operating cash flow, generally high debt management risk and generally disappointing historical performance in the stock itself. 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, Broadcom Corporation ( BRCM) is down $0.46 (-1.4%) to $33.22 on average volume. Thus far, 2.8 million shares of Broadcom Corporation exchanged hands as compared to its average daily volume of 7.0 million shares. The stock has ranged in price between $33.10-$33.41 after having opened the day at $33.26 as compared to the previous trading day's close of $33.69.

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 $17.5 billion and is part of the technology sector. Shares are up 1.3% year to date as of the close of trading on Friday. Currently there are 30 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, reasonable valuation levels, increase in net income 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.

1. As of noon trading, Intel ( INTC) is down $0.13 (-0.6%) to $22.91 on average volume. Thus far, 17.8 million shares of Intel exchanged hands as compared to its average daily volume of 42.6 million shares. The stock has ranged in price between $22.81-$23.12 after having opened the day at $23.07 as compared to the previous trading day's close of $23.04.

Intel Corporation designs, manufactures, and sells integrated digital technology platforms worldwide. The company operates through PC Client Group, Data Center Group, Other Intel Architecture, Software and Services, and All Other segments. Intel has a market cap of $115.5 billion and is part of the technology sector. Shares are up 12.7% year to date as of the close of trading on Friday. Currently there are 10 analysts that rate Intel a buy, 6 analysts rate it a sell, and 18 rate it a hold.

TheStreet Ratings rates Intel 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 and notable return on equity. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. Get the full Intel 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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