3 Stocks Dragging 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.

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 29 points (-0.2%) at 16,877 as of Thursday, June 19, 2014, 1:00 PM ET. The NYSE advances/declines ratio sits at 1,663 issues advancing vs. 1,297 declining with 187 unchanged.

The Electronics industry currently sits down 0.2% versus the S&P 500, which is down 0.1%. On the negative front, top decliners within the industry include Cree ( CREE), down 1.8%, First Solar ( FSLR), down 1.7%, Garmin ( GRMN), down 1.6%, Lam Research ( LRCX), down 1.0% and Micron Technology ( MU), down 1.0%.

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

3. Agilent Technologies ( A) is one of the companies pushing the Electronics industry lower today. As of noon trading, Agilent Technologies is down $0.45 (-0.8%) to $58.82 on light volume. Thus far, 518,145 shares of Agilent Technologies exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $58.65-$59.54 after having opened the day at $59.20 as compared to the previous trading day's close of $59.27.

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 $19.6 billion and is part of the health care sector. Shares are up 3.6% year-to-date as of the close of trading on Wednesday. Currently there are 9 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, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, good cash flow from operations 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.

2. As of noon trading, NVIDIA ( NVDA) is down $0.50 (-2.5%) to $19.09 on heavy volume. Thus far, 7.9 million shares of NVIDIA exchanged hands as compared to its average daily volume of 7.3 million shares. The stock has ranged in price between $19.00-$19.33 after having opened the day at $19.23 as compared to the previous trading day's close of $19.59.

NVIDIA Corporation operates as a visual computing company. The company operates through two segments, GPU and Tegra Processors. NVIDIA has a market cap of $10.9 billion and is part of the technology sector. Shares are up 22.3% year-to-date as of the close of trading on Wednesday. Currently there are 9 analysts that rate NVIDIA a buy, 3 analysts rate it a sell, and 13 rate it a hold.

TheStreet Ratings rates NVIDIA as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, reasonable valuation levels, increase in net income and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full NVIDIA 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, Broadcom ( BRCM) is down $0.48 (-1.2%) to $37.98 on light volume. Thus far, 3.0 million shares of Broadcom exchanged hands as compared to its average daily volume of 8.3 million shares. The stock has ranged in price between $37.86-$38.50 after having opened the day at $38.47 as compared to the previous trading day's close of $38.46.

Broadcom Corporation provides semiconductor solutions for wired and wireless communications. Its products offer voice, video, data, and multimedia connectivity in the home, office, and mobile environments. Broadcom has a market cap of $20.6 billion and is part of the technology sector. Shares are up 29.7% year-to-date as of the close of trading on Wednesday. Currently there are 21 analysts that rate Broadcom a buy, 1 analyst rates it a sell, and 11 rate it a hold.

TheStreet Ratings rates Broadcom as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, good cash flow from operations, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Broadcom 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).

null

More from Markets

Dow Falls Sharply as Apple's Slump Offsets Gains in General Electric

Dow Falls Sharply as Apple's Slump Offsets Gains in General Electric

Nucor Is Waiting to See if Steel Tariffs Will Be Implemented, Jim Cramer Says

Nucor Is Waiting to See if Steel Tariffs Will Be Implemented, Jim Cramer Says

Tesla Faces Investigation After Subcontractor Is Injured on the Job

Tesla Faces Investigation After Subcontractor Is Injured on the Job

Video: Jim Cramer on Apple, Amazon, Alphabet and Nucor

Video: Jim Cramer on Apple, Amazon, Alphabet and Nucor

Jim Cramer on Apple: I Will Be Less Worried After it Reports

Jim Cramer on Apple: I Will Be Less Worried After it Reports