3 Electronics Stocks Dragging The Industry Down

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.

Two out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 40 points (0.2%) at 17,108 as of Wednesday, Sept. 3, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,478 issues advancing vs. 1,497 declining with 182 unchanged.

The Electronics industry currently sits down 0.1% versus the S&P 500, which is up 0.1%. On the negative front, top decliners within the industry include ASML ( ASML), down 1.6%, and Micron Technology ( MU), down 0.8%. Top gainers within the industry include Flextronics International ( FLEX), up 4.3%, ABB ( ABB), up 1.5% and Texas Instruments ( TXN), up 0.8%.

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

3. LG Display ( LPL) is one of the companies pushing the Electronics industry lower today. As of noon trading, LG Display is down $0.39 (-2.3%) to $16.54 on average volume. Thus far, 157,252 shares of LG Display exchanged hands as compared to its average daily volume of 242,500 shares. The stock has ranged in price between $16.40-$16.54 after having opened the day at $16.43 as compared to the previous trading day's close of $16.93.

LG Display Co., Ltd. manufactures and sells thin film transistor liquid crystal display (TFT-LCD) panels in the Republic of Korea, the United States, Europe, China, and rest of Asia. LG Display has a market cap of $12.4 billion and is part of the technology sector. Shares are up 39.5% year-to-date as of the close of trading on Tuesday. Currently there are 2 analysts that rate LG Display a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates LG Display as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow. Get the full LG Display 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 $0.64 (-1.3%) to $48.36 on average volume. Thus far, 488,006 shares of Sensata Technologies Holding N.V exchanged hands as compared to its average daily volume of 824,700 shares. The stock has ranged in price between $48.24-$49.02 after having opened the day at $48.99 as compared to the previous trading day's close of $49.00.

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 26.4% year-to-date as of the close of trading on Tuesday. 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, RF Micro Devices ( RFMD) is down $0.36 (-2.8%) to $12.42 on average volume. Thus far, 5.8 million shares of RF Micro Devices exchanged hands as compared to its average daily volume of 10.5 million shares. The stock has ranged in price between $12.38-$12.98 after having opened the day at $12.81 as compared to the previous trading day's close of $12.78.

RF Micro Devices, Inc. is engaged in the design, development, manufacture, and marketing of radio frequency (RF) solutions for original equipment manufacturers and original design manufacturers in wireless and wired communications applications in the United States and internationally. RF Micro Devices has a market cap of $3.6 billion and is part of the technology sector. Shares are up 147.7% year-to-date as of the close of trading on Tuesday. Currently there are 8 analysts that rate RF Micro Devices a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates RF Micro Devices as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, revenue growth, good cash flow from operations and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full RF Micro 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 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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