Corning Inc

(

GLW

) pushed the Electronics industry lower today making it today's featured Electronics loser. The industry as a whole closed the day down 1%. By the end of trading, Corning Inc fell $1.59 (-10.8%) to $13.19 on heavy volume. Throughout the day, 72 million shares of Corning Inc exchanged hands as compared to its average daily volume of 21 million shares. The stock ranged in price between $12.64-$13.66 after having opened the day at $13.50 as compared to the previous trading day's close of $14.78. Other company's within the Electronics industry that declined today were:

Energy Conversion Devices Inc

(

ENER

), down 18.1%,

LightPath Technologies Inc

(

LPTH

), down 15.8%,

Dynasil Corporation of America

(

DYSL

), down 11.6%, and

Spire Corporation

(

SPIR

), down 11.1%.

Corning Incorporated manufactures and processes specialty glass and ceramics products worldwide. It operates in five segments: Display Technologies, Telecommunications, Environmental Technologies, Specialty Materials, and Life Sciences. Corning Inc has a market cap of $21.92 billion and is part of the

technology

sector. The company has a P/E ratio of 6.5, below the average electronics industry P/E ratio of 6.6 and below the S&P 500 P/E ratio of 17.7. Shares are down 23.5% year to date as of the close of trading on Monday.

TheStreet Ratings rates Corning as a

hold

. The company's strengths can be seen in multiple areas, such as its increase in net income, robust revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and feeble growth in the company's earnings per share.

On the positive front,

Aehr Test Systems

(

AEHR

), up 30.9%,

Tegal Corporation

(

TGAL

), up 7.7%,

Giga-tronics Inc

(

GIGA

), up 7.1%, and

AuthenTec Inc

(

AUTH

), up 6.9%, were all gainers within the electronics industry with

Intel

(

INTC

) being today's featured electronics industry winner.

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

).

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