3 Stocks Pulling The Electronics Industry Downward

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All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 59 points (-0.4%) at 16,657 as of Wednesday, May 14, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,380 issues advancing vs. 1,556 declining with 176 unchanged.

The Electronics industry currently sits down 0.7% versus the S&P 500, which is down 0.2%. On the negative front, top decliners within the industry include Waters ( WAT), down 1.5%, Sensata Technologies Holding N.V ( ST), down 1.1%, Ametek ( AME), down 0.8%, Amphenol Corp Class A ( APH), down 0.6% and Analog Devices ( ADI), down 0.6%. Top gainers within the industry include AU Optronics ( AUO), up 2.2%, LG Display ( LPL), up 1.6% and Siliconware Precision Industries ( SPIL), up 1.5%.

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

3. NXP Semiconductors ( NXPI) is one of the companies pushing the Electronics industry lower today. As of noon trading, NXP Semiconductors is down $0.57 (-0.9%) to $60.14 on heavy volume. Thus far, 4.4 million shares of NXP Semiconductors exchanged hands as compared to its average daily volume of 3.2 million shares. The stock has ranged in price between $59.50-$60.24 after having opened the day at $59.99 as compared to the previous trading day's close of $60.71.

NXP Semiconductors N.V. provides high performance mixed signal and standard product solutions for radio frequency (RF), analog, power management, interface, security, and digital processing products worldwide. NXP Semiconductors has a market cap of $15.1 billion and is part of the technology sector. Shares are up 32.2% year-to-date as of the close of trading on Tuesday. Currently there are 10 analysts that rate NXP Semiconductors a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates NXP Semiconductors as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full NXP Semiconductors Ratings Report now.

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