3 Stocks Pushing The Electronics Industry Lower

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All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 49 points (0.3%) at 16,344 as of Tuesday, Dec. 24, 2013, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,931 issues advancing vs. 985 declining with 162 unchanged.

The Electronics industry currently sits up 0.4% versus the S&P 500, which is up 0.2%. On the negative front, top decliners within the industry include United Microelectronics ( UMC), down 2.2%, and Kyocera Corporation ( KYO), down 2.2%.

TheStreet would like to highlight 3 stocks pushing the industry lower today:

3. Advanced Semiconductor Engineering ( ASX) is one of the companies pushing the Electronics industry lower today. As of noon trading, Advanced Semiconductor Engineering is down $0.08 (-1.7%) to $4.68 on average volume. Thus far, 377,705 shares of Advanced Semiconductor Engineering exchanged hands as compared to its average daily volume of 875,000 shares. The stock has ranged in price between $4.65-$4.72 after having opened the day at $4.72 as compared to the previous trading day's close of $4.76.

Advanced Semiconductor Engineering, Inc. provides semiconductor packaging and testing services in the United States, Taiwan, Asia, and Europe. Advanced Semiconductor Engineering has a market cap of $7.0 billion and is part of the technology sector. Shares are up 11.2% year to date as of the close of trading on Monday. Currently there are 2 analysts that rate Advanced Semiconductor Engineering a buy, 1 analyst rates it a sell, and none rate it a hold.

TheStreet Ratings rates Advanced Semiconductor Engineering as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income and attractive valuation levels. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. Get the full Advanced Semiconductor Engineering 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, Applied Materials ( AMAT) is down $0.10 (-0.6%) to $17.40 on light volume. Thus far, 2.0 million shares of Applied Materials exchanged hands as compared to its average daily volume of 13.1 million shares. The stock has ranged in price between $17.39-$17.54 after having opened the day at $17.43 as compared to the previous trading day's close of $17.51.

Applied Materials, Inc. provides manufacturing equipment, services, and software to the semiconductor, flat panel display, solar photovoltaic (PV), and related industries worldwide. Applied Materials has a market cap of $20.7 billion and is part of the technology sector. Shares are up 53.1% year to date as of the close of trading on Monday. Currently there are 7 analysts that rate Applied Materials a buy, 1 analyst rates it a sell, and 7 rate it a hold.

TheStreet Ratings rates Applied Materials 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 impressive record of earnings per share growth. However, as a counter to these strengths, we find that we feel that the company's cash flow from its operations has been weak overall. Get the full Applied Materials 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 $0.68 (-1.2%) to $55.08 on light volume. Thus far, 877,539 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 $54.66-$55.89 after having opened the day at $54.70 as compared to the previous trading day's close of $55.76.

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 $5.6 billion and is part of the technology sector. Shares are up 80.7% year to date as of the close of trading on Monday. 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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