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.

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 122 points (0.7%) at 17,066 as of Monday, July 14, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 2,069 issues advancing vs. 930 declining with 155 unchanged.

The Electronics industry currently sits up 0.6% versus the S&P 500, which is up 0.5%. Top gainers within the industry include AU Optronics ( AUO), up 7.4%, Advanced Micro Devices ( AMD), up 4.6%, United Microelectronics ( UMC), up 3.6%, Kyocera ( KYO), up 2.1% and Eaton ( ETN), up 1.8%.

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

3. Analog Devices ( ADI) is one of the companies pushing the Electronics industry lower today. As of noon trading, Analog Devices is down $0.32 (-0.6%) to $53.97 on light volume. Thus far, 641,344 shares of Analog Devices exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $53.90-$54.93 after having opened the day at $54.76 as compared to the previous trading day's close of $54.29.

Analog Devices, Inc. is engaged in the design, manufacture, and marketing of analog, mixed-signal, and digital signal processing integrated circuits (ICs) for use in industrial, automotive, consumer, and communication markets worldwide. Analog Devices has a market cap of $17.1 billion and is part of the technology sector. Shares are up 6.6% year-to-date as of the close of trading on Friday. Currently there are 11 analysts that rate Analog Devices a buy, no analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates Analog Devices 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, increase in stock price during the past year, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Analog Devices 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 liked this article you might like

S&P 500 and Dow Score Records With Wall Street Upbeat Ahead of Fed

Nvidia Inspires Chipmaker Gains but Rest of Tech Gets Left Behind

S&P 500 and Dow on Track for Records With Markets in Good Mood Ahead of Fed

These Are the 27 Companies You Must Watch Ahead of Apple's Big Launch Event

Stunningly Out of Kilter; FANG May Rise -- Jim Cramer's Top Thoughts