3 Stocks Pushing The 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.

One out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading down 16 points (-0.1%) at 16,836 as of Monday, June 30, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,605 issues advancing vs. 1,347 declining with 197 unchanged.

The Electronics industry currently sits up 0.4% versus the S&P 500, which is unchanged. Top gainers within the industry include AU Optronics ( AUO), up 3.9%, KLA-Tencor ( KLAC), up 2.0%, Avago Technologies ( AVGO), up 1.2%, LG Display ( LPL), up 1.1% and NXP Semiconductors ( NXPI), up 1.0%.

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

3. TE Connectivity ( TEL) is one of the companies pushing the Electronics industry lower today. As of noon trading, TE Connectivity is down $0.41 (-0.7%) to $61.53 on light volume. Thus far, 440,476 shares of TE Connectivity exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $61.42-$62.00 after having opened the day at $61.86 as compared to the previous trading day's close of $61.94.

TE Connectivity Ltd., together with its subsidiaries, designs and manufactures products that connect power, data, and signal automotive, energy, industrial, broadband communications, consumer devices, aerospace and defense, and healthcare industries. TE Connectivity has a market cap of $25.0 billion and is part of the technology sector. Shares are up 12.4% year-to-date as of the close of trading on Friday. Currently there are 5 analysts that rate TE Connectivity a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates TE Connectivity as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full TE Connectivity 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, Emerson Electric ( EMR) is down $0.49 (-0.7%) to $66.43 on light volume. Thus far, 991,452 shares of Emerson Electric exchanged hands as compared to its average daily volume of 2.8 million shares. The stock has ranged in price between $66.23-$66.98 after having opened the day at $66.82 as compared to the previous trading day's close of $66.92.

Emerson Electric Co., a diversified technology company, designs and supplies products and technology, and delivers engineering services and solutions to the industrial, commercial, and consumer markets worldwide. Emerson Electric has a market cap of $46.8 billion and is part of the industrial goods sector. Shares are down 4.7% year-to-date as of the close of trading on Friday. Currently there are 5 analysts that rate Emerson Electric a buy, no analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates Emerson Electric as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins, largely solid financial position with reasonable debt levels by most measures, notable return on equity 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 Emerson Electric 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, SunEdison ( SUNE) is down $0.56 (-2.5%) to $22.31 on average volume. Thus far, 5.9 million shares of SunEdison exchanged hands as compared to its average daily volume of 12.9 million shares. The stock has ranged in price between $22.31-$23.25 after having opened the day at $23.05 as compared to the previous trading day's close of $22.87.

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 $6.0 billion and is part of the technology sector. Shares are up 75.2% year-to-date as of the close of trading on Friday. Currently there are 7 analysts that rate SunEdison a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates SunEdison as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, poor profit margins, weak operating cash flow and feeble growth in its earnings per share. 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.

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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