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.

One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 15 points (-0.1%) at 17,638 as of Friday, Nov. 14, 2014, 12:00 PM ET. The NYSE advances/declines ratio sits at 1,511 issues advancing vs. 1,431 declining with 199 unchanged.

The Electronics industry currently sits up 0.3% versus the S&P 500, which is unchanged. On the negative front, top decliners within the industry include Micron Technology ( MU), down 1.1%, and Waters ( WAT), down 0.9%. Top gainers within the industry include CGG ( CGG), up 6.1%, Semiconductor Manufacturing International C ( SMI), up 4.6%, Advanced Semiconductor Engineering ( ASX), up 2.4%, Ametek ( AME), up 2.5% and Skyworks Solutions ( SWKS), up 2.0%.

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

3. Mettler-Toledo International ( MTD) is one of the companies pushing the Electronics industry lower today. As of noon trading, Mettler-Toledo International is down $2.62 (-0.9%) to $287.41 on average volume. Thus far, 58,757 shares of Mettler-Toledo International exchanged hands as compared to its average daily volume of 124,400 shares. The stock has ranged in price between $287.24-$290.65 after having opened the day at $289.64 as compared to the previous trading day's close of $290.03.

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

Mettler-Toledo International Inc. supplies precision instruments and services worldwide. The company operates in five segments: U.S. Operations, Swiss Operations, Western European Operations, Chinese Operations, and Other. Mettler-Toledo International has a market cap of $8.1 billion and is part of the health care sector. Shares are up 19.6% year-to-date as of the close of trading on Thursday. Currently there are 2 analysts that rate Mettler-Toledo International a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Mettler-Toledo International as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, revenue growth, notable return on equity, expanding profit margins and good cash flow from operations. 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 Mettler-Toledo International 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, SunPower ( SPWR) is down $1.10 (-3.9%) to $26.98 on heavy volume. Thus far, 1.9 million shares of SunPower exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $26.92-$27.80 after having opened the day at $27.75 as compared to the previous trading day's close of $28.08.

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

SunPower Corporation, an energy services company, designs, manufactures, and delivers solar systems to residential, commercial, and utility customers. It operates in three segments: the Americas, the EMEA, and the APAC. SunPower has a market cap of $3.8 billion and is part of the technology sector. Shares are down 5.8% year-to-date as of the close of trading on Thursday. Currently there are 7 analysts that rate SunPower a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates SunPower as a hold. 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 and notable return on equity. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, unimpressive growth in net income and poor profit margins. Get the full SunPower 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 $0.33 (-2.0%) to $16.51 on heavy volume. Thus far, 9.1 million shares of SunEdison exchanged hands as compared to its average daily volume of 11.8 million shares. The stock has ranged in price between $15.86-$16.70 after having opened the day at $16.68 as compared to the previous trading day's close of $16.84.

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

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 $4.8 billion and is part of the technology sector. Shares are up 29.0% year-to-date as of the close of trading on Thursday. Currently there are 8 analysts that rate SunEdison a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates SunEdison as a sell. The company's weaknesses can be seen in multiple areas, such as its generally high debt management risk, disappointing return on equity and poor profit margins. 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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