Corning

(

GLW

) pushed the Electronics industry lower today making it today's featured Electronics loser. The industry as a whole closed the day down 0.8%. By the end of trading, Corning fell 7 cents (-0.5%) to $13.11 on average volume. Throughout the day, 12.6 million shares of Corning exchanged hands as compared to its average daily volume of 16.1 million shares. The stock ranged in price between $13.02-$13.29 after having opened the day at $13.16 as compared to the previous trading day's close of $13.18. Other company's within the Electronics industry that declined today were:

Dynasil Corporation of America

(

DYSL

), down 18.5%,

Hoku

(

HOKU

), down 13.8%,

MEMC Electronic Materials

(

WFR

), down 9.1%, and

Trina Solar

(

TSL

), down 8.7%.

Corning Incorporated produces specialty glasses, ceramics, and related materials worldwide. The company operates in five segments: Display Technologies, Telecommunications, Environmental Technologies, Specialty Materials, and Life Sciences. Corning has a market cap of $19.35 billion and is part of the

technology

sector. The company has a P/E ratio of eight, equal to the average electronics industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 1.8% year to date as of the close of trading on Monday. Currently there are 10 analysts that rate Corning a buy, four analysts rate it a sell, and six rate it a hold.

TheStreet Ratings rates Corning as a

hold

. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, good cash flow from operations 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 disappointing return on equity.

On the positive front,

Parkervision

(

PRKR

), up 15.2%,

Daystar Technologies

(

DSTI

), up 10%,

Winland Electronics

(

WEX

), up 8%, and

Opnext

(

OPXT

), up 7.4%, were all gainers within the electronics industry with

Agilent Technologies

(

A

) 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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