A, AMAT, TSM And SCTY, 4 Electronics Stocks Pushing The Industry Lower

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 44 points (-0.3%) at 15,836 as of Monday, Jan. 27, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 751 issues advancing vs. 2,176 declining with 155 unchanged.

The Electronics industry currently sits down 1.2% versus the S&P 500, which is down 0.4%. A company within the industry that fell today was United Microelectronics ( UMC), up 2.4%. A company within the industry that increased today was Semiconductor Manufacturing International C ( SMI), up 8.5%.

TheStreet would like to highlight 4 stocks pushing the industry lower today:

4. Agilent Technologies ( A) is one of the companies pushing the Electronics industry lower today. As of noon trading, Agilent Technologies is down $0.50 (-0.9%) to $57.38 on light volume. Thus far, 792,227 shares of Agilent Technologies exchanged hands as compared to its average daily volume of 2.2 million shares. The stock has ranged in price between $56.99-$57.91 after having opened the day at $57.87 as compared to the previous trading day's close of $57.87.

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 $19.7 billion and is part of the health care sector. The company has a P/E ratio of 28.3, above the S&P 500 P/E ratio of 17.7. Shares are up 1.2% year-to-date as of the close of trading on Friday. 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.

3. As of noon trading, Applied Materials ( AMAT) is down $0.38 (-2.2%) to $16.79 on average volume. Thus far, 4.8 million shares of Applied Materials exchanged hands as compared to its average daily volume of 9.8 million shares. The stock has ranged in price between $16.79-$17.21 after having opened the day at $17.13 as compared to the previous trading day's close of $17.17.

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 83.5, above the S&P 500 P/E ratio of 17.7. Shares are down 2.9% year-to-date as of the close of trading on Friday. Currently there are 6 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 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, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. 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.

2. As of noon trading, Taiwan Semiconductor Manufacturing ( TSM) is down $0.33 (-1.9%) to $17.24 on average volume. Thus far, 4.0 million shares of Taiwan Semiconductor Manufacturing exchanged hands as compared to its average daily volume of 10.2 million shares. The stock has ranged in price between $17.14-$17.32 after having opened the day at $17.31 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 $91.8 billion and is part of the technology sector. The company has a P/E ratio of 16.9, below the S&P 500 P/E ratio of 17.7. Shares are up 0.8% year-to-date as of the close of trading on Friday. Currently there are 2 analysts that rate Taiwan Semiconductor Manufacturing a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Taiwan Semiconductor Manufacturing as a buy. Among the primary strengths of the company is its revenue growth. We feel these strengths outweigh the fact that the company has had sub par growth in net income. 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, SolarCity ( SCTY) is down $1.86 (-2.6%) to $68.62 on average volume. Thus far, 2.0 million shares of SolarCity exchanged hands as compared to its average daily volume of 4.8 million shares. The stock has ranged in price between $67.10-$72.00 after having opened the day at $69.35 as compared to the previous trading day's close of $70.48.

SolarCity Corporation engages in the design, installation, and sale or lease of solar energy systems to residential and commercial customers, and government entities in the United States. SolarCity has a market cap of $6.1 billion and is part of the technology sector. Shares are up 24.0% year-to-date as of the close of trading on Friday. Currently there are 3 analysts that rate SolarCity a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates SolarCity as a sell. Among the areas we feel are negative, one of the most important has been very high debt management risk by most measures. Get the full SolarCity 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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