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 39 points (-0.2%) at 16,431 as of Monday, Jan. 6, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,317 issues advancing vs. 1,618 declining with 151 unchanged.

The Electronics industry currently sits down 0.5% versus the S&P 500, which is down 0.3%. On the negative front, top decliners within the industry include First Solar ( FSLR), down 9.6%, Kyocera Corporation ( KYO), down 1.7%, ABB ( ABB), down 1.6%, Corning ( GLW), down 1.2% and Micron Technology ( MU), down 0.7%.

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

5. Trimble Navigation ( TRMB) is one of the companies pushing the Electronics industry lower today. As of noon trading, Trimble Navigation is down $0.75 (-2.2%) to $33.82 on average volume. Thus far, 564,775 shares of Trimble Navigation exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $33.56-$34.05 after having opened the day at $33.70 as compared to the previous trading day's close of $34.57.

Trimble Navigation Limited designs and distributes positioning products and applications enabled by global positioning system (GPS), optical, laser, and wireless communications technology. Trimble Navigation has a market cap of $8.9 billion and is part of the technology sector. The company has a P/E ratio of 46.5, above the S&P 500 P/E ratio of 17.7. Shares are down 0.4% year to date as of the close of trading on Friday. Currently there are 11 analysts that rate Trimble Navigation a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Trimble Navigation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, good cash flow from operations, increase in net income 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 Trimble Navigation 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 $1.10 (-1.7%) to $62.37 on light volume. Thus far, 284,749 shares of KLA-Tencor Corporation exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $62.30-$63.42 after having opened the day at $63.42 as compared to the previous trading day's close of $63.47.

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 $10.6 billion and is part of the technology sector. The company has a P/E ratio of 20.6, above the S&P 500 P/E ratio of 17.7. Shares are down 1.5% year to date as of the close of trading on Friday. Currently there are 7 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 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 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, ASML ( ASML) is down $2.04 (-2.2%) to $90.00 on light volume. Thus far, 356,184 shares of ASML exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $90.00-$91.09 after having opened the day at $91.06 as compared to the previous trading day's close of $92.04.

ASML Holding NV engages in designing, manufacturing, marketing, and servicing semiconductor processing equipment used in the fabrication of integrated circuits or chips worldwide. ASML has a market cap of $40.9 billion and is part of the technology sector. Shares are down 1.8% year to date as of the close of trading on Friday. Currently there are 8 analysts that rate ASML a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates ASML 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 somewhat weak growth in earnings per share. Get the full ASML 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 $0.22 (-1.3%) to $17.29 on light volume. Thus far, 3.6 million shares of Applied Materials exchanged hands as compared to its average daily volume of 10.6 million shares. The stock has ranged in price between $17.26-$17.51 after having opened the day at $17.50 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 $21.1 billion and is part of the technology sector. The company has a P/E ratio of 83.6, above the S&P 500 P/E ratio of 17.7. Shares are down 1.0% year to date as of the close of trading on Friday. 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, Texas Instruments ( TXN) is down $0.29 (-0.7%) to $43.00 on light volume. Thus far, 1.5 million shares of Texas Instruments exchanged hands as compared to its average daily volume of 5.8 million shares. The stock has ranged in price between $42.87-$43.28 after having opened the day at $43.25 as compared to the previous trading day's close of $43.29.

Texas Instruments Incorporated engages in the design, manufacture, sale of semiconductors to electronics designers and manufacturers worldwide. The company operates in four segments: Analog, Embedded Processing, Wireless, and Other. Texas Instruments has a market cap of $47.2 billion and is part of the technology sector. The company has a P/E ratio of 25.5, above the S&P 500 P/E ratio of 17.7. Shares are down 1.4% year to date as of the close of trading on Friday. Currently there are 7 analysts that rate Texas Instruments a buy, 3 analysts rate it a sell, and 18 rate it a hold.

TheStreet Ratings rates Texas Instruments as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, notable return on equity, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Texas Instruments 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 3 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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