1. As of noon trading, Lam Research Corporation ( LRCX) is up $0.23 (0.7%) to $35.33 on light volume Thus far, 765,256 shares of Lam Research Corporation exchanged hands as compared to its average daily volume of 3.6 million shares. The stock has ranged in price between $35.11-$35.60 after having opened the day at $35.24 as compared to the previous trading day's close of $35.10. Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipments used in the fabrication of integrated circuits. Lam Research Corporation has a market cap of $6.0 billion and is part of the technology sector. The company has a P/E ratio of 44.6, above the S&P 500 P/E ratio of 17.7. Shares are down 5.2% year to date as of the close of trading on Thursday. Currently there are 10 analysts that rate Lam Research Corporation a buy, 1 analyst rates it a sell, and none rate it a hold. TheStreet Ratings rates Lam Research Corporation as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and disappointing return on equity. Get the full Lam Research Corporation Ratings Report now. EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass If you are interested in one of these 3 stocks, 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). A reminder about TheStreet Ratings group: 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.