KLA-Tencor Corporation (KLAC): Today's Featured Electronics Winner

KLA-Tencor Corporation ( KLAC) pushed the Electronics industry higher today making it today's featured electronics winner. The industry as a whole closed the day down 0.6%. By the end of trading, KLA-Tencor Corporation rose 82 cents (1.6%) to $51.60 on average volume. Throughout the day, 2.7 million shares of KLA-Tencor Corporation exchanged hands as compared to its average daily volume of 2.4 million shares. The stock ranged in a price between $50.48-$52.34 after having opened the day at $50.71 as compared to the previous trading day's close of $50.78. Other companies within the Electronics industry that increased today were: SatCon Technology Corporation ( SATC), up 23.6%, AMSC ( AMSC), up 21.5%, First Solar ( FSLR), up 21.1%, and Newport Corporation ( NEWP), up 10.6%.

KLA-Tencor Corporation designs, manufactures, and markets process control and yield management solutions for the semiconductor and related nanoelectronics industries. KLA-Tencor Corporation has a market cap of $8.52 billion and is part of the technology sector. The company has a P/E ratio of 11, below the average electronics industry P/E ratio of 11.5 and below the S&P 500 P/E ratio of 17.7. Shares are up 5.2% year to date as of the close of trading on Wednesday. Currently there are nine analysts that rate KLA-Tencor Corporation a buy, two analysts rate it a sell, and two rate it a hold.

TheStreet Ratings rates KLA-Tencor Corporation as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, increase in net income and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

On the negative front, Nexxus Lighting ( NEXS), down 41.6%, AXT ( AXTI), down 19.5%, Spire Corporation ( SPIR), down 15%, and CyberOptics Corporation ( CYBE), down 12.4%, were all laggards within the electronics industry with Broadcom Corporation ( BRCM) being today's electronics industry laggard.

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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