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 28 points (-0.2%) at 17,094 as of Thursday, Aug. 28, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,204 issues advancing vs. 1,745 declining with 194 unchanged.

The Electronics industry currently sits up 0.1% versus the S&P 500, which is down 0.1%. On the negative front, top decliners within the industry include Advanced Semiconductor Engineering ( ASX), down 1.9%, Garmin ( GRMN), down 1.2%, Kyocera ( KYO), down 0.9% and Micron Technology ( MU), down 0.7%. Top gainers within the industry include CSR ( CSRE), up 34.8%, NXP Semiconductors ( NXPI), up 1.6%, Corning ( GLW), up 0.8% and Texas Instruments ( TXN), up 0.7%.

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

3. Siliconware Precision Industries ( SPIL) is one of the companies pushing the Electronics industry lower today. As of noon trading, Siliconware Precision Industries is down $0.17 (-2.3%) to $7.25 on light volume. Thus far, 281,100 shares of Siliconware Precision Industries exchanged hands as compared to its average daily volume of 813,300 shares. The stock has ranged in price between $7.18-$7.26 after having opened the day at $7.25 as compared to the previous trading day's close of $7.42.

Siliconware Precision Industries Co., Ltd. provides semiconductor packaging and testing services to semiconductor suppliers worldwide. Siliconware Precision Industries has a market cap of $4.7 billion and is part of the technology sector. Shares are up 24.1% year-to-date as of the close of trading on Wednesday. Currently there are no analysts that rate Siliconware Precision Industries a buy, 2 analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Siliconware Precision Industries as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, attractive valuation levels and solid stock price performance. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Siliconware Precision Industries 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, Sensata Technologies Holding N.V ( ST) is down $0.46 (-0.9%) to $49.29 on average volume. Thus far, 378,217 shares of Sensata Technologies Holding N.V exchanged hands as compared to its average daily volume of 841,200 shares. The stock has ranged in price between $49.19-$49.59 after having opened the day at $49.51 as compared to the previous trading day's close of $49.75.

Sensata Technologies Holding N.V, through its subsidiaries, engages in the development, manufacture, and sale of sensors and controls primarily in the Americas, the Asia Pacific, and Europe. The company operates in two segments, Sensors and Controls. Sensata Technologies Holding N.V has a market cap of $8.3 billion and is part of the technology sector. Shares are up 28.3% year-to-date as of the close of trading on Wednesday. Currently there are 7 analysts that rate Sensata Technologies Holding N.V a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Sensata Technologies Holding N.V as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, expanding profit margins, good cash flow from operations and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. Get the full Sensata Technologies Holding N.V 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, Trimble Navigation ( TRMB) is down $0.32 (-0.9%) to $33.03 on light volume. Thus far, 619,096 shares of Trimble Navigation exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $32.79-$33.32 after having opened the day at $33.28 as compared to the previous trading day's close of $33.35.

Trimble Navigation Limited designs and distributes positioning products and applications enabled by global positioning system (GPS), optical, laser, and wireless communications technology. Trimble Navigation has a market cap of $8.8 billion and is part of the technology sector. Shares are down 3.9% year-to-date as of the close of trading on Wednesday. Currently there are 9 analysts that rate Trimble Navigation a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Trimble Navigation 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, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Trimble Navigation 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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