STM, MTD And ASML, Pushing 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.

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 56 points (-0.3%) at 15,939 as of Wednesday, Feb. 12, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,598 issues advancing vs. 1,323 declining with 154 unchanged.

The Electronics industry currently sits up 0.9% versus the S&P 500, which is down 0.1%. A company within the industry that fell today was Kyocera Corporation ( KYO), up 0.6%. Top gainers within the industry include Trimble Navigation ( TRMB), up 12.2%, Diodes ( DIOD), up 10.4%, Skyworks Solutions ( SWKS), up 1.9%, Marvell Technology Group ( MRVL), up 1.4% and Avago Technologies ( AVGO), up 1.3%.

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

3. STMicroelectronics ( STM) is one of the companies pushing the Electronics industry lower today. As of noon trading, STMicroelectronics is down $0.09 (-1.1%) to $8.34 on average volume. Thus far, 351,220 shares of STMicroelectronics exchanged hands as compared to its average daily volume of 727,800 shares. The stock has ranged in price between $8.31-$8.45 after having opened the day at $8.37 as compared to the previous trading day's close of $8.43.

STMicroelectronics N.V. engages in the design, development, manufacture, and marketing of various semiconductor integrated circuits and discrete devices worldwide. STMicroelectronics has a market cap of $7.4 billion and is part of the technology sector. Shares are up 5.4% year-to-date as of the close of trading on Tuesday. Currently there is 1 analyst that rates STMicroelectronics a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates STMicroelectronics as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. Get the full STMicroelectronics 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, Mettler-Toledo International ( MTD) is down $3.66 (-1.4%) to $250.67 on average volume. Thus far, 90,756 shares of Mettler-Toledo International exchanged hands as compared to its average daily volume of 193,500 shares. The stock has ranged in price between $249.80-$255.26 after having opened the day at $254.00 as compared to the previous trading day's close of $254.33.

Mettler-Toledo International Inc. supplies precision instruments and services worldwide. The company operates in five segments: U.S. Operations, Swiss Operations, Western European Operations, Chinese Operations, and Other. Mettler-Toledo International has a market cap of $7.5 billion and is part of the technology sector. Shares are up 4.8% year-to-date as of the close of trading on Tuesday. Currently there are 5 analysts that rate Mettler-Toledo International a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Mettler-Toledo International as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, revenue growth, largely solid financial position with reasonable debt levels by most measures and increase in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Mettler-Toledo International 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, ASML ( ASML) is down $1.39 (-1.6%) to $88.22 on average volume. Thus far, 794,772 shares of ASML exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $87.93-$88.90 after having opened the day at $88.67 as compared to the previous trading day's close of $89.61.

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 $38.8 billion and is part of the technology sector. Shares are down 4.4% year-to-date as of the close of trading on Tuesday. Currently there are 6 analysts that rate ASML a buy, 2 analysts rate 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 robust revenue growth, largely solid financial position with reasonable debt levels by most measures, increase in stock price during the past year, increase in net income and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. 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.

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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