3 Stocks Dragging In The Electronics Industry

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One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading up 54 points (0.3%) at 16,185 as of Wednesday, Feb. 19, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,812 issues advancing vs. 1,117 declining with 162 unchanged.

The Electronics industry currently is unchanged today versus the S&P 500, which is up 0.1%. On the negative front, top decliners within the industry include SolarCity ( SCTY), down 4.9%, and Broadcom Corporation ( BRCM), down 0.5%. Top gainers within the industry include Garmin ( GRMN), up 9.0%, Bruker Corporation ( BRKR), up 4.9%, Altera ( ALTR), up 1.9%, Trimble Navigation ( TRMB), up 1.9% and ABB ( ABB), up 0.9%.

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

3. ASML ( ASML) is one of the companies pushing the Electronics industry lower today. As of noon trading, ASML is down $0.67 (-0.8%) to $89.01 on heavy volume. Thus far, 1.1 million shares of ASML exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $88.87-$89.50 after having opened the day at $89.46 as compared to the previous trading day's close of $89.68.

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 $39.3 billion and is part of the technology sector. Shares are down 4.3% 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 the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. 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, Avago Technologies ( AVGO) is down $0.32 (-0.6%) to $58.04 on light volume. Thus far, 529,388 shares of Avago Technologies exchanged hands as compared to its average daily volume of 2.1 million shares. The stock has ranged in price between $57.63-$58.42 after having opened the day at $58.19 as compared to the previous trading day's close of $58.37.

In 2006 sold image processor and printer semconductor businesses. Avago Technologies has a market cap of $14.5 billion and is part of the technology sector. Shares are up 9.8% year-to-date as of the close of trading on Tuesday. Currently there are 9 analysts that rate Avago Technologies a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Avago Technologies 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, expanding profit margins and growth in earnings per share. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Avago 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.

1. As of noon trading, Intel ( INTC) is down $0.15 (-0.6%) to $24.61 on light volume. Thus far, 9.5 million shares of Intel exchanged hands as compared to its average daily volume of 33.9 million shares. The stock has ranged in price between $24.52-$24.72 after having opened the day at $24.65 as compared to the previous trading day's close of $24.76.

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 $123.1 billion and is part of the technology sector. Shares are down 4.6% year-to-date as of the close of trading on Tuesday. Currently there are 10 analysts that rate Intel a buy, 4 analysts rate it a sell, and 14 rate it a hold.

TheStreet Ratings rates Intel as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels 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 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 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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