The

electronics

industry closed the day up 1.8%.

Applied Energetics Inc

(

AERG

),

Mattson Technology

(

MTSN

),

Silicon Image Incorporated

(

SIMG

), and

Meade Instruments Corporation

(

MEAD

) were all decliners today within the electronics industry with

Lam Research Corporation

(

LRCX

) being today's featured electronics loser. Lam Research Corporation fell 75 cents (-1.8%) to $41.67 on average volume. Throughout the day, 3.1 million shares of Lam Research Corporation exchanged hands as compared to its average daily volume of three million shares.

Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipments used in the fabrication of integrated circuits. The company offers etch products that remove portions of various films from the wafer in the creation of semiconductor devices. Lam Research Corporation has a market cap of $5.2 billion and is part of the

technology

sector. The company has a P/E ratio of 8.7, equal to the average electronics industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 18% year to date as of the close of trading on Tuesday.

TheStreet Ratings rates Lam Research as a

hold

. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, disappointing return on equity and weak operating cash flow.

On the positive front,

Anadigics Inc

(

ANAD

),

LeCroy Corporation

(

LCRY

),

Netlist Inc

(

NLST

), and

Axcelis Technologies Inc

(

ACLS

) were all gainers within the electronics industry with

SanDisk

(

SNDK

) 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

).

null