1. As of noon trading, Applied Materials ( AMAT) is down $0.08 (-0.6%) to $13.59 on average volume Thus far, 7.0 million shares of Applied Materials exchanged hands as compared to its average daily volume of 13.4 million shares. The stock has ranged in price between $13.55-$13.78 after having opened the day at $13.65 as compared to the previous trading day's close of $13.67. Applied Materials, Inc. provides manufacturing equipment, services, and software to the semiconductor, flat panel display, solar photovoltaic (PV), and related industries worldwide. Applied Materials has a market cap of $16.5 billion and is part of the technology sector. The company has a P/E ratio of 458.0, above the S&P 500 P/E ratio of 17.7. Shares are up 20.1% year to date as of the close of trading on Wednesday. Currently there are 4 analysts that rate Applied Materials a buy, 2 analysts rate it a sell, and 7 rate it a hold. TheStreet Ratings rates Applied Materials as a hold. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow. Get the full Applied Materials Ratings Report now. It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE If you are interested in one of these 5 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.