MRVL, ADI, SPWR, NVDA And FSLR, Pushing Electronics Industry Downward

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All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 15 points (0.1%) at 16,035 as of Monday, Dec. 9, 2013, 11:45 AM ET. The NYSE advances/declines ratio sits at 1,480 issues advancing vs. 1,397 declining with 175 unchanged.

The Electronics industry currently sits down 0.3% versus the S&P 500, which is up 0.3%. Top gainers within the industry include Skyworks Solutions ( SWKS), up 2.1%, Garmin ( GRMN), up 1.3% and Kyocera Corporation ( KYO), up 1.3%.

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

5. Marvell Technology Group ( MRVL) is one of the companies pushing the Electronics industry lower today. As of noon trading, Marvell Technology Group is down $0.18 (-1.3%) to $13.42 on average volume. Thus far, 3.4 million shares of Marvell Technology Group exchanged hands as compared to its average daily volume of 6.8 million shares. The stock has ranged in price between $13.33-$13.60 after having opened the day at $13.39 as compared to the previous trading day's close of $13.60.

Marvell Technology Group Ltd. designs, develops, and markets analog, mixed-signal, digital signal processing, and embedded and standalone ARM-based microprocessor integrated circuits. Marvell Technology Group has a market cap of $6.8 billion and is part of the technology sector. The company has a P/E ratio of 23.1, above the S&P 500 P/E ratio of 17.7. Shares are up 87.3% year to date as of the close of trading on Friday. Currently there are 9 analysts that rate Marvell Technology Group a buy, 3 analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Marvell Technology Group as a hold. 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 and attractive valuation levels. However, as a counter to these strengths, we find that the company's return on equity has been disappointing. Get the full Marvell Technology Group 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, Analog Devices ( ADI) is down $0.26 (-0.5%) to $49.01 on light volume. Thus far, 583,507 shares of Analog Devices exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $48.90-$49.59 after having opened the day at $49.50 as compared to the previous trading day's close of $49.27.

Analog Devices, Inc. is engaged in the design, manufacture, and marketing of analog, mixed-signal, and digital signal processing integrated circuits (ICs) for use in industrial, automotive, consumer, and communication markets worldwide. Analog Devices has a market cap of $15.2 billion and is part of the technology sector. The company has a P/E ratio of 22.8, above the S&P 500 P/E ratio of 17.7. Shares are up 17.1% year to date as of the close of trading on Friday. Currently there are 10 analysts that rate Analog Devices a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Analog Devices as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, largely solid financial position with reasonable debt levels by most measures, expanding profit margins and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Analog 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.

3. As of noon trading, SunPower Corporation ( SPWR) is down $0.80 (-2.6%) to $29.58 on light volume. Thus far, 1.1 million shares of SunPower Corporation exchanged hands as compared to its average daily volume of 3.4 million shares. The stock has ranged in price between $29.30-$30.94 after having opened the day at $30.35 as compared to the previous trading day's close of $30.38.

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 Friday. 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.

2. As of noon trading, NVIDIA Corporation ( NVDA) is down $0.14 (-0.9%) to $15.33 on average volume. Thus far, 3.7 million shares of NVIDIA Corporation exchanged hands as compared to its average daily volume of 7.0 million shares. The stock has ranged in price between $15.18-$15.52 after having opened the day at $15.47 as compared to the previous trading day's close of $15.47.

NVIDIA Corporation, a visual computing company, develops graphics chips for use in personal computers (PC), mobile devices, and supercomputers. The company operates through two segments, GPU and Tegra Processors. NVIDIA Corporation has a market cap of $8.9 billion and is part of the technology sector. The company has a P/E ratio of 20.4, above the S&P 500 P/E ratio of 17.7. Shares are up 26.2% year to date as of the close of trading on Friday. Currently there are 6 analysts that rate NVIDIA Corporation a buy, 3 analysts rate it a sell, and 13 rate it a hold.

TheStreet Ratings rates NVIDIA 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, expanding profit margins, solid stock price performance 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 NVIDIA 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 $1.02 (-1.8%) to $57.00 on light volume. Thus far, 1.9 million shares of First Solar exchanged hands as compared to its average daily volume of 5.2 million shares. The stock has ranged in price between $56.55-$58.79 after having opened the day at $58.03 as compared to the previous trading day's close of $58.01.

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 $5.9 billion and is part of the technology sector. The company has a P/E ratio of 12.3, below the S&P 500 P/E ratio of 17.7. Shares are up 88.0% year to date as of the close of trading on Friday. 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).
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