ASML

(

ASML

) pushed the Technology sector lower today making it today's featured Technology loser. The sector as a whole closed the day down 0.9%. By the end of trading, ASML fell 97 cents (-2.5%) to $37.07 on light volume. Throughout the day, 1.8 million shares of ASML exchanged hands as compared to its average daily volume of three million shares. The stock ranged in price between $37-$38.15 after having opened the day at $37.87 as compared to the previous trading day's close of $38.04. Other company's within the Technology sector that declined today were:

Helios & Matheson Information Technology In

(

HMNYD

), down 18.8%,

Helios & Matheson Information Technology In

(

HMNY

), down 18.8%,

Aehr Test Systems

(

AEHR

), down 16.7%, and

Recon Technology

(

RCON

), down 15.5%.

ASML Holding N.V., through its subsidiaries, engages in designing, manufacturing, marketing, and servicing semiconductor processing equipment used in the fabrication of integrated circuits. ASML has a market cap of $16.62 billion and is part of the

electronics

industry. The company has a P/E ratio of 51.4, above the average electronics industry P/E ratio of 7.5 and above the S&P 500 P/E ratio of 17.7. Shares are down 0.8% year to date as of the close of trading on Monday.

TheStreet Ratings rates ASML as a

buy

. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, notable return on equity, solid stock price performance and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front,

Onstream Media Corporation

(

ONSM

), up 42.5%,

Suntech Power Holdings

(

STP

), up 17.5%,

Selectica Inc

(

SLTC

), up 16.1%, and

Hanwha SolarOne

(

HSOL

), up 14.9%, were all gainers within the technology sector with

VimpelCom

(

VIP

) being today's featured technology sector winner.

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

).

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