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.
) pushed the Electronics industry higher today making it today's featured electronics winner. The industry as a whole closed the day up 1.0%. By the end of trading, Applied Materials rose $0.25 (1.4%) to $17.52 on average volume. Throughout the day, 12,249,486 shares of Applied Materials exchanged hands as compared to its average daily volume of 12,731,000 shares. The stock ranged in a price between $17.17-$17.63 after having opened the day at $17.26 as compared to the previous trading day's close of $17.27. Other companies within the Electronics industry that increased today were:
), up 26.0%,
), up 25.5%,
), up 7.9% and
), up 7.3%.
- EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.
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 $20.7 billion and is part of the technology sector. The company has a P/E ratio of 82.1, above the S&P 500 P/E ratio of 17.7. Shares are up 50.8% year to date as of the close of trading on Monday. Currently there are 7 analysts that rate Applied Materials a buy, 1 analyst rates it a sell, and 7 rate it a hold.
TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, notable return on equity, compelling growth in net income and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.
- You can view the full Applied Materials Ratings Report.
On the negative front,
), down 10.2%,
), down 8.4%,
), down 3.7% and
), down 2.8% , were all laggards within the electronics industry with
) being today's electronics industry laggard.
- 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
) while those bearish on the electronics industry could consider
- Find other investment ideas from our top rated ETFs lists.