4 Stocks Pushing The Electronics Industry Lower

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.

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 14 points (-0.1%) at 15,098 as of Friday, Aug. 16, 2013, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,393 issues advancing vs. 1,555 declining with 92 unchanged.

The Electronics industry currently sits up 0.6% versus the S&P 500, which is down 0.1%. Top gainers within the industry include SunPower Corporation ( SPWR), up 4.2%, AU Optronics Corporation ( AUO), up 3.9%, Cree ( CREE), up 3.2%, Xilinx ( XLNX), up 1.8% and LG.Display Company ( LPL), up 1.5%.

TheStreet would like to highlight 4 stocks pushing the industry lower today:

4. Applied Micro Circuits Corporation ( AMCC) is one of the companies pushing the Electronics industry lower today. As of noon trading, Applied Micro Circuits Corporation is down $0.57 (-4.8%) to $11.40 on average volume. Thus far, 582,168 shares of Applied Micro Circuits Corporation exchanged hands as compared to its average daily volume of 853,300 shares. The stock has ranged in price between $11.38-$12.15 after having opened the day at $11.74 as compared to the previous trading day's close of $11.97.

Applied Micro Circuits Corporation offers computing and connectivity solutions for embedded computing, telco, and cloud infrastructure and data centers. Applied Micro Circuits Corporation has a market cap of $881.0 million and is part of the technology sector. Shares are up 42.2% year to date as of the close of trading on Thursday. Currently there are 5 analysts that rate Applied Micro Circuits Corporation a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Applied Micro Circuits Corporation as a sell. Among the areas we feel are negative, one of the most important has been an overall disappointing return on equity. Get the full Applied Micro Circuits 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, Garmin ( GRMN) is down $0.44 (-1.1%) to $37.84 on light volume. Thus far, 370,578 shares of Garmin exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $37.82-$38.35 after having opened the day at $38.32 as compared to the previous trading day's close of $38.28.

Garmin Ltd., together with its subsidiaries, designs, develops, manufactures, and markets global positioning system (GPS) enabled products and other navigation, communication, and information products for the automotive/mobile, outdoor, fitness, marine, and general aviation markets worldwide. Garmin has a market cap of $8.1 billion and is part of the technology sector. Shares are down 4.6% year to date as of the close of trading on Thursday. Currently there are 4 analysts that rate Garmin a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates Garmin 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 and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Garmin 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, Waters Corporation ( WAT) is down $0.98 (-1.0%) to $98.78 on average volume. Thus far, 327,845 shares of Waters Corporation exchanged hands as compared to its average daily volume of 471,500 shares. The stock has ranged in price between $98.59-$99.81 after having opened the day at $99.48 as compared to the previous trading day's close of $99.76.

Waters Corporation operates as an analytical instrument manufacturer in the United States and internationally. Waters Corporation has a market cap of $8.8 billion and is part of the health care sector. Shares are up 14.5% year to date as of the close of trading on Thursday. Currently there are 6 analysts that rate Waters Corporation a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Waters Corporation as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, good cash flow from operations, expanding profit margins, 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 Waters 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, KLA-Tencor Corporation ( KLAC) is down $0.35 (-0.6%) to $56.72 on average volume. Thus far, 1.2 million shares of KLA-Tencor Corporation exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $56.51-$57.22 after having opened the day at $56.68 as compared to the previous trading day's close of $57.07.

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 $9.7 billion and is part of the technology sector. Shares are up 23.1% year to date as of the close of trading on Thursday. Currently there are 8 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, reasonable valuation levels, increase in stock price during the past year, expanding profit margins 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 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.

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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