ASML, NXPI And MU, 3 Electronics Stocks Pushing The Industry Lower
All three major indices are trading up today with the
Dow Jones Industrial Average
(
^DJI
) trading up 104 points (0.6%) at 17,836 as of Friday, Nov. 20, 2015, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,952 issues advancing vs. 981 declining with 162 unchanged.
The Electronics industry currently sits up 0.8% versus the S&P 500, which is up 0.6%. Top gainers within the industry include
(
), up 5.6%,
(
), up 1.7% and
(
), up 1.2%.
TheStreet would like to highlight 3 stocks pushing the industry lower today:
3.
(
) is one of the companies pushing the Electronics industry lower today. As of noon trading, ASML is down $0.95 (-1.0%) to $92.33 on average volume. Thus far, 725,870 shares of ASML exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $92.26-$92.98 after having opened the day at $92.82 as compared to the previous trading day's close of $93.28.
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ASML Holding N.V. engages in the development, production, marketing, sale, and servicing of advanced semiconductor equipment systems with a focus on lithography related systems worldwide. ASML has a market cap of $40.1 billion and is part of the technology sector. Shares are down 13.5% year-to-date as of the close of trading on Thursday. Currently there are 5 analysts that rate ASML a buy, 1 analyst rates it a sell, and 3 rate it a hold.
TheStreet Ratings rates
ASML
as a
. 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, growth in earnings per share, increase in net income and good cash flow from operations. We feel its strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full
now.
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2. As of noon trading,
(
) is down $0.95 (-1.2%) to $79.97 on light volume. Thus far, 776,864 shares of NXP Semiconductors exchanged hands as compared to its average daily volume of 4.4 million shares. The stock has ranged in price between $79.80-$81.54 after having opened the day at $81.54 as compared to the previous trading day's close of $80.92.
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NXP Semiconductors N.V., a semiconductor company, provides high performance mixed signal and standard product solutions for radio frequency (RF), analog, power management, interface, security, and digital processing products worldwide. NXP Semiconductors has a market cap of $19.0 billion and is part of the technology sector. Shares are up 5.9% year-to-date as of the close of trading on Thursday. Currently there are 13 analysts that rate NXP Semiconductors a buy, no analysts rate it a sell, and 2 rate it a hold.
TheStreet Ratings rates
NXP Semiconductors
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, expanding profit margins and solid stock price performance. We feel its strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full
NXP Semiconductors Ratings Report
now.
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1. As of noon trading,
(
) is down $0.35 (-2.2%) to $15.52 on light volume. Thus far, 5.9 million shares of Micron Technology exchanged hands as compared to its average daily volume of 28.4 million shares. The stock has ranged in price between $15.51-$16.10 after having opened the day at $16.00 as compared to the previous trading day's close of $15.87.
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Micron Technology, Inc. provides semiconductor systems worldwide. It operates in four segments: Compute and Networking Business Unit, Mobile Business Unit, Storage Business Unit, and Embedded Business Unit. Micron Technology has a market cap of $16.9 billion and is part of the technology sector. Shares are down 54.7% year-to-date as of the close of trading on Thursday. Currently there are 16 analysts that rate Micron Technology a buy, 1 analyst rates it a sell, and 9 rate it a hold.
TheStreet Ratings rates
Micron Technology
as a
. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and expanding profit margins. 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 weak operating cash flow. Get the full
Micron Technology Ratings Report
now.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.
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
(
) while those bearish on the electronics industry could consider
ProShares Ultra Short Semiconductor
(
).