MRVL, BRCM And TSM, Pushing 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.

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 36 points (0.2%) at 17,520 as of Thursday, Nov. 6, 2014, 12:00 PM ET. The NYSE advances/declines ratio sits at 1,530 issues advancing vs. 1,416 declining with 183 unchanged.

The Electronics industry currently sits up 0.3% versus the S&P 500, which is up 0.2%. On the negative front, top decliners within the industry include SolarCity ( SCTY), down 4.6%, AU Optronics ( AUO), down 2.9%, Kyocera ( KYO), down 2.8%, Micron Technology ( MU), down 1.5% and Applied Materials ( AMAT), down 0.7%. Top gainers within the industry include CGG ( CGG), up 32.0%, Semiconductor Manufacturing International C ( SMI), up 3.8%, ASML ( ASML), up 1.8%, ABB ( ABB), up 0.6% and Emerson Electric ( EMR), up 0.5%.

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

3. Marvell Technology Group ( MRVL) is one of the companies pushing the Electronics industry lower today. As of noon trading, Marvell Technology Group is down $0.34 (-2.5%) to $13.36 on light volume. Thus far, 1.2 million shares of Marvell Technology Group exchanged hands as compared to its average daily volume of 5.5 million shares. The stock has ranged in price between $13.34-$13.62 after having opened the day at $13.59 as compared to the previous trading day's close of $13.70.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Marvell Technology Group Ltd. designs, develops, and markets analog, mixed-signal, digital signal processing, and embedded and standalone ARM-based integrated circuits. Marvell Technology Group has a market cap of $6.9 billion and is part of the technology sector. Shares are down 4.8% year-to-date as of the close of trading on Wednesday. Currently there are 9 analysts that rate Marvell Technology Group a buy, 3 analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Marvell Technology Group 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, impressive record of earnings per share growth, compelling growth in net income and attractive valuation levels. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Marvell Technology Group 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, Broadcom ( BRCM) is down $0.41 (-1.0%) to $41.34 on light volume. Thus far, 2.0 million shares of Broadcom exchanged hands as compared to its average daily volume of 5.6 million shares. The stock has ranged in price between $41.22-$41.76 after having opened the day at $41.60 as compared to the previous trading day's close of $41.75.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

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 $22.5 billion and is part of the technology sector. Shares are up 40.8% 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 7 rate it a hold.

TheStreet Ratings rates Broadcom 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, expanding profit margins and solid stock price performance. 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.

1. As of noon trading, Taiwan Semiconductor Manufacturing ( TSM) is down $0.16 (-0.7%) to $21.87 on light volume. Thus far, 3.7 million shares of Taiwan Semiconductor Manufacturing exchanged hands as compared to its average daily volume of 11.8 million shares. The stock has ranged in price between $21.72-$22.06 after having opened the day at $22.04 as compared to the previous trading day's close of $22.03.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Taiwan Semiconductor Manufacturing Company Limited is engaged in manufacturing, selling, packaging, testing, and computer-aided designing integrated circuits and other semiconductor devices. It also manufactures masks. Taiwan Semiconductor Manufacturing has a market cap of $113.8 billion and is part of the technology sector. Shares are up 26.3% year-to-date as of the close of trading on Wednesday. Currently there are no analysts that rate Taiwan Semiconductor Manufacturing a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Taiwan Semiconductor Manufacturing 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 largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Taiwan Semiconductor Manufacturing 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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