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 14 points (0.1%) at 14,951 as of Friday, Sept. 6, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,968 issues advancing vs. 907 declining with 132 unchanged.

The Electronics industry currently sits up 0.1% versus the S&P 500, which is up 0.2%. On the negative front, top decliners within the industry include Garmin ( GRMN), down 1.1%, Taiwan Semiconductor Manufacturing ( TSM), down 0.8%, Kyocera Corporation ( KYO), down 0.9% and Texas Instruments ( TXN), down 0.6%.

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

5. NXP Semiconductor ( NXPI) is one of the companies pushing the Electronics industry lower today. As of noon trading, NXP Semiconductor is down $0.63 (-1.6%) to $38.36 on average volume. Thus far, 1.5 million shares of NXP Semiconductor exchanged hands as compared to its average daily volume of 2.2 million shares. The stock has ranged in price between $37.80-$39.46 after having opened the day at $39.46 as compared to the previous trading day's close of $38.99.

NXP Semiconductors N.V. provides mixed signal and standard product solutions for radio frequency (RF), analog, power management, interface, security, and digital processing products worldwide. It provides integrated circuits (ICs) and discrete semiconductors. NXP Semiconductor has a market cap of $9.7 billion and is part of the technology sector. Shares are up 48.1% year to date as of the close of trading on Thursday. Currently there are 8 analysts that rate NXP Semiconductor a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates NXP Semiconductor as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income and impressive record of earnings per share growth. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and weak operating cash flow. Get the full NXP Semiconductor 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, ASML ( ASML) is down $0.48 (-0.5%) to $89.25 on average volume. Thus far, 393,225 shares of ASML exchanged hands as compared to its average daily volume of 954,600 shares. The stock has ranged in price between $88.93-$90.16 after having opened the day at $89.91 as compared to the previous trading day's close of $89.73.

ASML Holding NV engages in designing, manufacturing, marketing, and servicing semiconductor processing equipment used in the fabrication of integrated circuits or chips worldwide. ASML has a market cap of $39.7 billion and is part of the technology sector. Shares are up 39.2% year to date as of the close of trading on Thursday. Currently there are 8 analysts that rate ASML a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates ASML 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, good cash flow from operations, solid stock price performance and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. Get the full ASML 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, Maxim Integrated Products ( MXIM) is down $0.34 (-1.2%) to $28.24 on light volume. Thus far, 1.1 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 $28.12-$28.76 after having opened the day at $28.76 as compared to the previous trading day's close of $28.58.

Maxim Integrated Products, Inc. designs, develops, manufactures, and markets various linear and mixed-signal integrated circuits worldwide. The company also provides a range of high-frequency process technologies and capabilities for use in custom designs. Maxim Integrated Products has a market cap of $8.2 billion and is part of the technology sector. Shares are down 2.6% year to date as of the close of trading on Thursday. Currently there are 8 analysts that rate Maxim Integrated Products a buy, no analysts rate it a sell, and 10 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, largely solid financial position with reasonable debt levels by most measures, notable return on equity, growth in earnings per share 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.

2. As of noon trading, Corning ( GLW) is down $0.08 (-0.6%) to $14.37 on average volume. Thus far, 5.3 million shares of Corning exchanged hands as compared to its average daily volume of 10.2 million shares. The stock has ranged in price between $14.23-$14.50 after having opened the day at $14.48 as compared to the previous trading day's close of $14.45.

Corning Incorporated produces and sells specialty glasses, ceramics, and related materials worldwide. It operates through five segments: Display Technologies, Telecommunications, Environmental Technologies, Specialty Materials, and Life Sciences. Corning has a market cap of $20.7 billion and is part of the technology sector. Shares are up 14.5% year to date as of the close of trading on Thursday. Currently there are 8 analysts that rate Corning a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates Corning 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, expanding profit margins, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Corning 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, First Solar ( FSLR) is down $1.06 (-2.8%) to $37.30 on average volume. Thus far, 2.6 million shares of First Solar exchanged hands as compared to its average daily volume of 5.5 million shares. The stock has ranged in price between $36.83-$38.76 after having opened the day at $38.68 as compared to the previous trading day's close of $38.36.

First Solar, Inc. provides solar energy solutions. It operates in two segments, Components and Systems. The Components segment engages in the design, manufacture, and sale of solar modules that convert sunlight into electricity. First Solar has a market cap of $3.6 billion and is part of the technology sector. Shares are up 24.3% year to date as of the close of trading on Thursday. Currently there are 2 analysts that rate First Solar a buy, 2 analysts rate it a sell, and 13 rate it a hold.

TheStreet Ratings rates First Solar as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, largely solid financial position with reasonable debt levels by most measures and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, weak operating cash flow and feeble growth in the company's earnings per share. Get the full First Solar 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 4 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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