3 Stocks Underperforming Today In The Electronics Industry

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 up today with the Dow Jones Industrial Average ( ^DJI) trading up 91 points (0.6%) at 16,492 as of Wednesday, May 7, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,744 issues advancing vs. 1,239 declining with 163 unchanged.

The Electronics industry currently sits down 1.0% versus the S&P 500, which is up 0.3%. On the negative front, top decliners within the industry include Trimble Navigation ( TRMB), down 14.6%, CGG ( CGG), down 10.2%, Cree ( CREE), down 2.9%, Kyocera ( KYO), down 1.6% and Micron Technology ( MU), down 1.2%. Top gainers within the industry include Taiwan Semiconductor Manufacturing ( TSM), up 1.4%, Avago Technologies ( AVGO), up 0.9%, Emerson Electric ( EMR), up 0.9%, ASML ( ASML), up 0.7% and Intel ( INTC), up 0.6%.

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

3. SunEdison ( SUNE) is one of the companies pushing the Electronics industry lower today. As of noon trading, SunEdison is down $1.14 (-5.8%) to $18.70 on average volume. Thus far, 9.1 million shares of SunEdison exchanged hands as compared to its average daily volume of 13.5 million shares. The stock has ranged in price between $18.42-$20.15 after having opened the day at $20.10 as compared to the previous trading day's close of $19.84.

SunEdison, Inc. develops, manufactures, and sells silicon wafers to the semiconductor industry. The company operates through two segments, Solar Energy and Semiconductor Materials. SunEdison has a market cap of $5.4 billion and is part of the technology sector. Shares are up 52.0% year-to-date as of the close of trading on Tuesday. Currently there are 7 analysts that rate SunEdison a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates SunEdison as a hold. Among the primary strengths of the company is its solid stock price performance. At the same time, however, we also find weaknesses including deteriorating net income, generally higher debt management risk and disappointing return on equity. Get the full SunEdison 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, SolarCity ( SCTY) is down $5.07 (-9.7%) to $47.39 on heavy volume. Thus far, 4.7 million shares of SolarCity exchanged hands as compared to its average daily volume of 5.2 million shares. The stock has ranged in price between $47.33-$53.50 after having opened the day at $52.62 as compared to the previous trading day's close of $52.46.

SolarCity Corporation designs, installs, and sells or leases solar energy systems to residential and commercial customers, and government entities in the United States. SolarCity has a market cap of $5.1 billion and is part of the technology sector. Shares are down 7.7% year-to-date as of the close of trading on Tuesday. Currently there are 4 analysts that rate SolarCity a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates SolarCity as a sell. The company's weaknesses can be seen in multiple areas, such as its weak operating cash flow, poor profit margins, generally high debt management risk and feeble growth in its earnings per share. 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.

1. As of noon trading, First Solar ( FSLR) is down $3.63 (-5.4%) to $63.82 on heavy volume. Thus far, 4.8 million shares of First Solar exchanged hands as compared to its average daily volume of 5.2 million shares. The stock has ranged in price between $63.45-$69.29 after having opened the day at $67.80 as compared to the previous trading day's close of $67.45.

First Solar, Inc. provides solar energy solutions worldwide. The company operates through two segments, Components and Systems. First Solar has a market cap of $6.8 billion and is part of the technology sector. Shares are up 23.4% year-to-date as of the close of trading on Tuesday. Currently there are 4 analysts that rate First Solar a buy, 2 analysts rate it a sell, and 7 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 solid stock price performance, largely solid financial position with reasonable debt levels by most measures and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, poor profit margins and weak operating cash flow. 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 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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