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
) pushed the Electronics industry lower today making it today's featured Electronics laggard. The industry as a whole closed the day down 2.2%. By the end of trading, ASML fell $1.91 (-2.5%) to $74.51 on light volume. Throughout the day, 1,010,293 shares of ASML exchanged hands as compared to its average daily volume of 1,912,600 shares. The stock ranged in price between $73.89-$75.03 after having opened the day at $73.95 as compared to the previous trading day's close of $76.42. Other companies within the Electronics industry that declined today were:
), down 16.1%,
), down 13.0%,
), down 11.1% and
), down 10.7%.
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ASML Holding NV engages in designing, manufacturing, marketing, and servicing semiconductor processing equipment used in the fabrication of integrated circuits or chips worldwide. ASML has a market cap of $31.4 billion and is part of the technology sector. Shares are up 19.7% year to date as of the close of trading on Friday. Currently there are 10 analysts that rate ASML a buy, 1 analyst rates it a sell, and 4 rate it a hold.
TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, solid stock price performance, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share.
- You can view the full ASML Ratings Report.
On the positive front,
), down 10.3%,
), down 8.2%,
), down 3.8% and
), down 3.8% , were all gainers within the electronics industry with
) 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
) while those bearish on the electronics industry could consider
- Find other investment ideas from our top rated ETFs lists.
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