Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
) pushed the Electronics industry lower today making it today's featured Electronics laggard. The industry as a whole closed the day down 0.4%. By the end of trading, Micron Technology fell $0.18 (-1.0%) to $17.05 on light volume. Throughout the day, 30,223,134 shares of Micron Technology exchanged hands as compared to its average daily volume of 42,762,000 shares. The stock ranged in price between $16.74-$17.35 after having opened the day at $17.23 as compared to the previous trading day's close of $17.23. Other companies within the Electronics industry that declined today were:
), down 10.7%,
), down 8.5%,
), down 8.5% and
), down 7.1%.
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Micron Technology, Inc., together with its subsidiaries, engages in the manufacture and marketing of semiconductor devices worldwide. Micron Technology has a market cap of $17.8 billion and is part of the technology sector. Shares are up 170.7% year to date as of the close of trading on Friday. Currently there are 13 analysts that rate Micron Technology a buy, 1 analyst rates it a sell, and 10 rate it a hold.
TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and compelling growth in net income. However, as a counter to these strengths, we find that we feel that the company's cash flow from its operations has been weak overall.
- You can view the full Micron Technology Ratings Report.
On the positive front,
), up 8.3%,
), up 5.4%,
), up 5.4% and
), up 5.3% , 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.