Siemens

(

SI

) pushed the Technology sector higher today making it today's featured technology winner. The sector as a whole closed the day down 0.5%. By the end of trading, Siemens rose $1.14 (1.2%) to $95.83 on light volume. Throughout the day, 723,640 shares of Siemens exchanged hands as compared to its average daily volume of 1.2 million shares. The stock ranged in a price between $95.26-$96.71 after having opened the day at $95.59 as compared to the previous trading day's close of $94.69. Other companies within the Technology sector that increased today were:

Powerwave Technologies Inc

(

PWAV

), up 204.5%,

Aehr Test Systems

(

AEHR

), up 30.9%,

Helios & Matheson Information Technology In

(

HMNY

), up 16.2%, and

Helios & Matheson Information Technology In

(

HMNYD

), up 16.2%.

Siemens Aktiengesellschaft, an electronics and electrical engineering company, operates in the industry, energy, and healthcare sectors worldwide. Siemens has a market cap of $78.86 billion and is part of the

telecommunications

industry. The company has a P/E ratio of 32.1, above the average telecommunications industry P/E ratio of 9.7 and above the S&P 500 P/E ratio of 17.7. Shares are down 23.8% year to date as of the close of trading on Monday.

TheStreet Ratings rates Siemens as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front,

Energy Conversion Devices Inc

(

ENER

), down 18.1%,

Recon Technology

(

RCON

), down 17.5%,

LightPath Technologies Inc

(

LPTH

), down 15.8%, and

Kingtone Wirelessinfo Solution

(

KONE

), down 15%, were all losers within the technology sector with

Adobe Systems Inc

(

ADBE

) being today's technology sector loser.

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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