5 Electronics Stocks Dragging The Industry Down

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 down today with the Dow Jones Industrial Average ( ^DJI) trading down 112 points (-0.7%) at 15,897 as of Tuesday, Dec. 3, 2013, 11:45 AM ET. The NYSE advances/declines ratio sits at 970 issues advancing vs. 1,886 declining with 143 unchanged.

The Electronics industry currently sits down 0.2% versus the S&P 500, which is down 0.4%. On the negative front, top decliners within the industry include ABB ( ABB), down 1.4%, Kyocera Corporation ( KYO), down 1.0% and Intel ( INTC), down 0.9%. A company within the industry that increased today was Micron Technology ( MU), up 1.8%.

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

5. LG.Display Company ( LPL) is one of the companies pushing the Electronics industry lower today. As of noon trading, LG.Display Company is down $0.20 (-1.8%) to $11.15 on average volume. Thus far, 174,782 shares of LG.Display Company exchanged hands as compared to its average daily volume of 431,500 shares. The stock has ranged in price between $11.15-$11.24 after having opened the day at $11.22 as compared to the previous trading day's close of $11.35.

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 $8.3 billion and is part of the technology sector. The company has a P/E ratio of 37.4, above the S&P 500 P/E ratio of 17.7. Shares are down 20.0% year to date as of the close of trading on Monday. Currently there is 1 analyst that rates LG.Display Company a buy, 1 analyst rates 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 impressive record of earnings per share growth, compelling growth in net income and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow, a generally disappointing performance in the stock itself and poor profit margins. 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.

4. As of noon trading, Roper Industries ( ROP) is down $1.62 (-1.2%) to $128.23 on light volume. Thus far, 107,202 shares of Roper Industries exchanged hands as compared to its average daily volume of 411,000 shares. The stock has ranged in price between $128.19-$129.81 after having opened the day at $129.80 as compared to the previous trading day's close of $129.85.

Roper Industries, Inc. designs, manufactures, and distributes radio frequency (RF) products and services, industrial technology products, energy systems and controls, and medical and scientific imaging products and software. Roper Industries has a market cap of $12.9 billion and is part of the industrial goods sector. The company has a P/E ratio of 25.1, above the S&P 500 P/E ratio of 17.7. Shares are up 16.5% year to date as of the close of trading on Monday. Currently there are 4 analysts that rate Roper Industries a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Roper Industries as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, expanding profit margins, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Roper 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.

3. As of noon trading, Garmin ( GRMN) is down $0.64 (-1.3%) to $47.73 on light volume. Thus far, 379,046 shares of Garmin exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $47.29-$48.10 after having opened the day at $48.10 as compared to the previous trading day's close of $48.37.

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 16.5, below the S&P 500 P/E ratio of 17.7. Shares are up 19.2% year to date as of the close of trading on Monday. 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, Agilent Technologies ( A) is down $0.55 (-1.0%) to $52.66 on light volume. Thus far, 595,298 shares of Agilent Technologies exchanged hands as compared to its average daily volume of 2.7 million shares. The stock has ranged in price between $52.64-$53.17 after having opened the day at $52.92 as compared to the previous trading day's close of $53.21.

Agilent Technologies, Inc. provides bio-analytical and electronic measurement solutions and services to the life sciences, chemical analysis, diagnostics and genomics, communications, and electronics industries worldwide. Agilent Technologies has a market cap of $17.7 billion and is part of the health care sector. The company has a P/E ratio of 18.6, above the S&P 500 P/E ratio of 17.7. Shares are up 30.0% year to date as of the close of trading on Monday. Currently there are 12 analysts that rate Agilent Technologies a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Agilent Technologies as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, reasonable valuation levels, 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 Agilent 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.

1. As of noon trading, Corning ( GLW) is down $0.30 (-1.8%) to $16.76 on average volume. Thus far, 7.8 million shares of Corning exchanged hands as compared to its average daily volume of 13.8 million shares. The stock has ranged in price between $16.63-$16.98 after having opened the day at $16.98 as compared to the previous trading day's close of $17.06.

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 $24.7 billion and is part of the technology sector. The company has a P/E ratio of 14.1, below the S&P 500 P/E ratio of 17.7. Shares are up 35.3% year to date as of the close of trading on Monday. Currently there are 8 analysts that rate Corning a buy, 1 analyst rates it a sell, and 6 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, solid stock price performance 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 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.

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).

null

More from Markets

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Jim Cramer: The 10-Year Yield Could Go to 2.75%

Jim Cramer: The 10-Year Yield Could Go to 2.75%

Oil Slumps, Gas Spikes Ahead of Holiday Weekend; Assessing the Chipmakers--ICYMI

Oil Slumps, Gas Spikes Ahead of Holiday Weekend; Assessing the Chipmakers--ICYMI

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%