Micron Technology Inc. (MU): Today's Featured Technology Winner

Micron Technology (MU) pushed the Technology sector higher today making it today's featured technology winner. The sector as a whole was unchanged today. By the end of trading, Micron Technology rose 10 cents (1.6%) to $6.21 on heavy volume. Throughout the day, 51.1 million shares of Micron Technology exchanged hands as compared to its average daily volume of 29.7 million shares. The stock ranged in a price between $6.18-$6.50 after having opened the day at $6.22 as compared to the previous trading day's close of $6.11. Other companies within the Technology sector that increased today were: Cirrus Logic (CRUS), up 23.2%, Blonder Tongue Laboratories (BDR), up 22.5%, Avid Technology (AVID), up 21.7%, and Virtusa Corporation (VRTU), up 19.2%.

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Micron Technology, Inc., together with its subsidiaries, engages in the manufacture and marketing of semiconductor devices worldwide. Micron Technology has a market cap of $6.39 billion and is part of the electronics industry. Shares are down 2.9% year to date as of the close of trading on Monday. Currently there are 20 analysts that rate Micron Technology a buy, no analysts rate it a sell, and four rate it a hold.

TheStreet Ratings rates Micron Technology as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity.

• You can view the full Micron Technology Ratings Report.

On the negative front, CafePress (PRSS), down 41%, LogMeIn (LOGM), down 22.3%, Anadigics (ANAD), down 19.1%, and USA Mobility (USMO), down 17.7%, were all laggards within the technology sector with Sap AG ADR (SAP) being today's technology sector laggard.

• Use our technology section to find sector-relevant news.
• Or find some new ideas from our top rated stocks lists.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the technology sector could consider Technology Select Sector SPDR (XLK) while those bearish on the technology sector could consider ProShares Ultra Short Technology (REW).

• Find other investment ideas from our top rated ETFs lists.

For more information on Micron Technology Inc. click any of the following:

• Micron Technology Inc. Stock Price

• Micron Technology Inc. Analyst Ratings

• Micron Technology Inc. Key Stats & Profile

• Micron Technology Inc. Earnings

• Micron Technology Inc. Ratio Comparison

• Micron Technology Inc. Growth Rates

• Micron Technology Inc. Balance Sheet

• Micron Technology Inc. Cash Flow

• Micron Technology Inc. Income Statement