5 Stocks Pulling The Electronics Industry Downward

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 34 points (-0.2%) at 15,991 as of Tuesday, Dec. 10, 2013, 11:45 AM ET. The NYSE advances/declines ratio sits at 1,256 issues advancing vs. 1,637 declining with 176 unchanged.

The Electronics industry currently sits up 0.1% versus the S&P 500, which is down 0.2%. On the negative front, top decliners within the industry include Methode Electronics ( MEI), down 7.3%, Avago Technologies ( AVGO), down 1.2% and ABB ( ABB), down 0.8%. Top gainers within the industry include SunPower Corporation ( SPWR), up 5.2%, First Solar ( FSLR), up 2.7%, CGG ( CGG), up 2.5%, NVIDIA Corporation ( NVDA), up 2.4% and Broadcom Corporation ( BRCM), up 2.3%.

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

5. Jabil Circuit ( JBL) is one of the companies pushing the Electronics industry lower today. As of noon trading, Jabil Circuit is down $0.55 (-2.7%) to $20.01 on average volume. Thus far, 1.8 million shares of Jabil Circuit exchanged hands as compared to its average daily volume of 2.7 million shares. The stock has ranged in price between $19.77-$20.46 after having opened the day at $20.42 as compared to the previous trading day's close of $20.56.

Jabil Circuit, Inc., together with its subsidiaries, provides electronic manufacturing services and solutions worldwide. The company operates in three segments: Diversified Manufacturing Services, Enterprise & Infrastructure, and High Velocity Systems. Jabil Circuit has a market cap of $4.1 billion and is part of the technology sector. The company has a P/E ratio of 11.4, below the S&P 500 P/E ratio of 17.7. Shares are up 5.9% year to date as of the close of trading on Monday. Currently there are 6 analysts that rate Jabil Circuit a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Jabil Circuit as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, attractive valuation levels, increase in stock price during the past year and growth in earnings per share. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Jabil Circuit 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, KLA-Tencor Corporation ( KLAC) is down $0.58 (-0.9%) to $62.20 on light volume. Thus far, 369,721 shares of KLA-Tencor Corporation exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $62.14-$62.87 after having opened the day at $62.71 as compared to the previous trading day's close of $62.78.

KLA-Tencor Corporation engages in design, manufacture, and marketing of process control and yield management solutions for the semiconductor and related nanoelectronics industries worldwide. KLA-Tencor Corporation has a market cap of $10.4 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 31.2% year to date as of the close of trading on Monday. Currently there are 8 analysts that rate KLA-Tencor Corporation a buy, 1 analyst rates 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 solid stock price performance, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, 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.

3. As of noon trading, NXP Semiconductor ( NXPI) is down $0.87 (-2.0%) to $42.68 on heavy volume. Thus far, 4.6 million shares of NXP Semiconductor exchanged hands as compared to its average daily volume of 2.6 million shares. The stock has ranged in price between $42.31-$42.91 after having opened the day at $42.66 as compared to the previous trading day's close of $43.55.

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 $10.9 billion and is part of the technology sector. The company has a P/E ratio of 1474.3, above the S&P 500 P/E ratio of 17.7. Shares are up 65.5% year to date as of the close of trading on Monday. Currently there are 10 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 good cash flow from operations. However, as a counter to these strengths, we find that the company has favored debt over equity in the management of its balance sheet. 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.

2. As of noon trading, Taiwan Semiconductor Manufacturing ( TSM) is down $0.11 (-0.6%) to $17.46 on light volume. Thus far, 3.3 million shares of Taiwan Semiconductor Manufacturing exchanged hands as compared to its average daily volume of 9.7 million shares. The stock has ranged in price between $17.32-$17.49 after having opened the day at $17.44 as compared to the previous trading day's close of $17.57.

Taiwan Semiconductor Manufacturing Company Limited engages in the computer-aided design, manufacture, packaging, testing, sale, and marketing of integrated circuits and other semiconductor devices. Taiwan Semiconductor Manufacturing has a market cap of $91.4 billion and is part of the technology sector. The company has a P/E ratio of 16.8, below the S&P 500 P/E ratio of 17.7. Shares are up 2.7% year to date as of the close of trading on Monday. Currently there are 2 analysts that rate Taiwan Semiconductor Manufacturing a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Taiwan Semiconductor Manufacturing 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, good cash flow from operations and growth in earnings per share. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Taiwan Semiconductor Manufacturing 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, Intel ( INTC) is down $0.14 (-0.6%) to $24.78 on light volume. Thus far, 8.1 million shares of Intel exchanged hands as compared to its average daily volume of 33.2 million shares. The stock has ranged in price between $24.66-$24.97 after having opened the day at $24.89 as compared to the previous trading day's close of $24.93.

Intel Corporation designs, manufactures, and sells integrated digital technology platforms worldwide. The company operates through PC Client Group, Data Center Group, Other Intel Architecture, Software and Services, and All Other segments. Intel has a market cap of $123.4 billion and is part of the technology sector. The company has a P/E ratio of 13.4, below the S&P 500 P/E ratio of 17.7. Shares are up 20.4% year to date as of the close of trading on Monday. Currently there are 10 analysts that rate Intel a buy, 4 analysts rate it a sell, and 15 rate it a hold.

TheStreet Ratings rates Intel 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, attractive valuation levels, good cash flow from operations 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 Intel 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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