Applied Materials Inc. (AMAT): Today's Featured Electronics Laggard

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

Applied Materials (AMAT) pushed the Electronics industry lower today making it today's featured Electronics laggard. The industry as a whole closed the day down 0.1%. By the end of trading, Applied Materials fell 10 cents (-1%) to $10.36 on light volume. Throughout the day, 9.3 million shares of Applied Materials exchanged hands as compared to its average daily volume of 13.3 million shares. The stock ranged in price between $10.36-$10.50 after having opened the day at $10.40 as compared to the previous trading day's close of $10.46. Other companies within the Electronics industry that declined today were: New Energy Systems Group (NEWN), down 13.2%, Daystar Technologies (DSTI), down 10.5%, Oclaro (OCLR), down 10.3%, and Digital Power Corporation (DPW), down 9.7%.

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Applied Materials, Inc. provides manufacturing equipment, services, and software to the semiconductor, flat panel display, solar photovoltaic (PV), and related industries worldwide. Applied Materials has a market cap of $12.87 billion and is part of the technology sector. The company has a P/E ratio of 13.9, below the S&P 500 P/E ratio of 17.7. Shares are down 2.3% year to date as of the close of trading on Monday. Currently there are six analysts that rate Applied Materials a buy, two analysts rate it a sell, and eight rate it a hold.

TheStreet Ratings rates Applied Materials 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 expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and disappointing return on equity.

• You can view the full Applied Ratings Report.

On the positive front, Pulse Electronics (PULS), up 15%, Aeroflex (ARX), up 9.6%, Netlist (NLST), up 8.8%, and SL Industries (SLI), up 8.4%, were all gainers within the electronics industry with ASML (ASML) being today's featured electronics industry leader.

• Use our electronics section to find industry-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 electronics industry could consider iShares Dow Jones US Technology (IYW) while those bearish on the electronics industry could consider ProShares Ultra Short Semiconductor (SSG).

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

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For more information on Applied Materials Inc. click any of the following:

• Applied Materials Inc. Stock Price

• Applied Materials Inc. Analyst Ratings

• Applied Materials Inc. Key Stats & Profile

• Applied Materials Inc. Earnings

• Applied Materials Inc. Ratio Comparison

• Applied Materials Inc. Growth Rates

• Applied Materials Inc. Balance Sheet

• Applied Materials Inc. Cash Flow

• Applied Materials Inc. Income Statement