4 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 49 points (0.3%) at 16,147 as of Friday, Nov. 29, 2013, 11:45 AM ET. The NYSE advances/declines ratio sits at 1,869 issues advancing vs. 987 declining with 109 unchanged.

The Electronics industry currently sits up 0.6% versus the S&P 500, which is up 0.3%. Top gainers within the industry include CGG ( CGG), up 5.3%, Semiconductor Manufacturing International C ( SMI), up 4.1%, AU Optronics Corporation ( AUO), up 2.8%, Texas Instruments ( TXN), up 1.1% and Advanced Semiconductor Engineering ( ASX), up 1.0%.

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

4. STMicroelectronics ( STM) is one of the companies pushing the Electronics industry lower today. As of noon trading, STMicroelectronics is down $0.12 (-1.5%) to $7.87 on light volume. Thus far, 127,485 shares of STMicroelectronics exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $7.87-$7.95 after having opened the day at $7.94 as compared to the previous trading day's close of $7.99.

STMicroelectronics N.V. engages in the design, development, manufacture, and marketing of various semiconductor integrated circuits and discrete devices worldwide. STMicroelectronics has a market cap of $7.1 billion and is part of the technology sector. Shares are up 10.4% year to date as of the close of trading on Wednesday. Currently there is 1 analyst that rates STMicroelectronics a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates STMicroelectronics as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and weak operating cash flow. Get the full STMicroelectronics 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 $0.27 (-0.6%) to $48.47 on light volume. Thus far, 102,794 shares of Garmin exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $48.45-$49.00 after having opened the day at $48.76 as compared to the previous trading day's close of $48.74.

Garmin Ltd. is a worldwide provider of navigation, communications and information devices, most of which are enabled by global positioning system (GPS) technology. Garmin has a market cap of $9.5 billion and is part of the technology sector. The company has a P/E ratio of 16.6, below the S&P 500 P/E ratio of 17.7. Shares are up 19.6% year to date as of the close of trading on Wednesday. Currently there are 3 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 increase in stock price during the past year, largely solid financial position with reasonable debt levels by most measures, expanding profit margins, good cash flow from operations 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 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, SunPower Corporation ( SPWR) is down $0.50 (-1.6%) to $30.16 on light volume. Thus far, 685,845 shares of SunPower Corporation exchanged hands as compared to its average daily volume of 3.5 million shares. The stock has ranged in price between $29.70-$30.82 after having opened the day at $30.60 as compared to the previous trading day's close of $30.66.

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 $3.7 billion and is part of the technology sector. Shares are down 13.7% year to date as of the close of trading on Wednesday. Currently there are 4 analysts that rate SunPower Corporation a buy, 1 analyst rates it a sell, and 5 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.

1. As of noon trading, First Solar ( FSLR) is down $0.50 (-0.8%) to $60.03 on light volume. Thus far, 1.2 million shares of First Solar exchanged hands as compared to its average daily volume of 5.3 million shares. The stock has ranged in price between $59.70-$61.40 after having opened the day at $60.95 as compared to the previous trading day's close of $60.53.

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 $6.0 billion and is part of the technology sector. The company has a P/E ratio of 12.4, below the S&P 500 P/E ratio of 17.7. Shares are up 96.2% year to date as of the close of trading on Wednesday. Currently there are 2 analysts that rate First Solar a buy, 2 analysts rate it a sell, and 9 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 robust revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. 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 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).

null

More from Markets

Dow Skids and Stocks Fall Hard as Earnings Disappoint, Caterpillar Tumbles

Dow Skids and Stocks Fall Hard as Earnings Disappoint, Caterpillar Tumbles

Caterpillar Bulldozes Industrial Sector With Bad News on Earnings Call

Caterpillar Bulldozes Industrial Sector With Bad News on Earnings Call

Jim Cramer: If You're Afraid of the 10-Year Yield, Go to Cash

Jim Cramer: If You're Afraid of the 10-Year Yield, Go to Cash

Eli Lilly CEO Expresses Confidence in New Rheumatoid Arthritis Drug

Eli Lilly CEO Expresses Confidence in New Rheumatoid Arthritis Drug

Video: Jim Cramer on Rising Interest Rates, Trade Worries & Caterpillar

Video: Jim Cramer on Rising Interest Rates, Trade Worries & Caterpillar