MEMC Electronic Materials Inc (WFR): Today's Featured Electronics Winner

MEMC Electronic Materials ( WFR) pushed the Electronics industry higher today making it today's featured electronics winner. The industry as a whole closed the day down 2.1%. By the end of trading, MEMC Electronic Materials rose 2 cents (0.9%) to $2.16 on average volume. Throughout the day, 5.6 million shares of MEMC Electronic Materials exchanged hands as compared to its average daily volume of 7.2 million shares. The stock ranged in a price between $2.05-$2.16 after having opened the day at $2.10 as compared to the previous trading day's close of $2.14. Other companies within the Electronics industry that increased today were: Giga-tronics ( GIGA), up 23.1%, Hoku ( HOKU), up 20.5%, SatCon Technology Corporation ( SATC), up 15.5%, and Meade Instruments Corporation ( MEAD), up 7.7%.

MEMC Electronic Materials, Inc. engages in the development, manufacture, and sale of silicon wafers for the semiconductor industry worldwide. The company operates in two segments, Semiconductor Materials and Solar Energy. MEMC Electronic Materials has a market cap of $484.7 million and is part of the technology sector. Shares are down 46.7% year to date as of the close of trading on Friday. Currently there are four analysts that rate MEMC Electronic Materials a buy, two analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates MEMC Electronic Materials as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, generally weak debt management, disappointing return on equity, poor profit margins and weak operating cash flow.

On the negative front, Spire Corporation ( SPIR), down 12.9%, Veeco Instruments ( VECO), down 11.4%, Chipmos Technologies Bermuda ( IMOS), down 11.2%, and Daystar Technologies ( DSTI), down 10.4%, were all losers within the electronics industry with Corning ( GLW) being today's electronics industry loser.

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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