Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

.

Micron Technology

(

MU

) pushed the Technology sector lower today making it today's featured Technology laggard. The sector as a whole closed the day down 0.3%. By the end of trading, Micron Technology fell 14 cents (-2.2%) to $6.32 on average volume. Throughout the day, 25.9 million shares of Micron Technology exchanged hands as compared to its average daily volume of 29.6 million shares. The stock ranged in price between $6.26-$6.48 after having opened the day at $6.44 as compared to the previous trading day's close of $6.46. Other companies within the Technology sector that declined today were:

Nexxus Lighting

(

NEXS

), down 24.3%,

XRS

(

XRSC

), down 18%,

Ultra Clean Holdings

(

UCTT

), down 10.4%, and

Kewaunee Scientific

(

KEQU

), down 9.7%.

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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 $7.01 billion and is part of the

electronics

industry. Shares are up 2.7% year to date as of the close of trading on Tuesday. Currently there are 20 analysts that rate Micron Technology a buy, no analysts rate it a sell, and four rate it a hold.

TheStreet Ratings rates Micron Technology as a

hold

. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and increase in stock price during the past year. 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,

Key Tronic Corporation

(

KTCC

), up 24.3%,

Qihoo 360 Technology

(

QIHU

), up 15.9%,

Kayak Software

(

KYAK

), up 11.1%, and

MER Telemanagement Solutions

(

MTSL

), up 10.7%, were all gainers within the technology sector with

Akamai Technologies

(

AKAM

) being today's featured technology sector leader.

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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