Cymer Inc. (CYMI): Today's Featured Electronics Winner

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.

Cymer ( CYMI) pushed the Electronics industry higher today making it today's featured electronics winner. The industry as a whole closed the day down 1.6%. By the end of trading, Cymer rose $1.62 (2.2%) to $75.75 on heavy volume. Throughout the day, 1.6 million shares of Cymer exchanged hands as compared to its average daily volume of 509,800 shares. The stock ranged in a price between $74.08-$75.90 after having opened the day at $74.20 as compared to the previous trading day's close of $74.13. Other companies within the Electronics industry that increased today were: SatCon Technology Corporation ( SATC), up 110.8%, A123 Systems ( AONE), up 64.7%, Spire Corporation ( SPIR), up 9.3%, and Uni-pixel ( UNXL), up 8.6%.
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Cymer, Inc., together with its subsidiaries, engages in the development, manufacture, and marketing of light sources for the manufacturers of photolithography tools in the semiconductor equipment industry. Cymer has a market cap of $2.22 billion and is part of the technology sector. The company has a P/E ratio of 41.3, equal to the average electronics industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are up 49% year to date as of the close of trading on Thursday. Currently there are two analysts that rate Cymer a buy, no analysts rate it a sell, and seven rate it a hold.

TheStreet Ratings rates Cymer as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share.

On the negative front, Pixelworks ( PXLW), down 20.3%, Suntech Power Holdings ( STP), down 17.6%, Advanced Micro Devices ( AMD), down 16.8%, and Marvell Technology Group ( MRVL), down 14.3%, were all laggards within the electronics industry with Taiwan Semiconductor Manufacturing ( TSM) 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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