ASML Holding NV (ASML): 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

ASML ( ASML) pushed the Electronics industry higher today making it today's featured electronics winner. The industry as a whole closed the day up 0.6%. By the end of trading, ASML rose $0.90 (1.2%) to $78.53 on average volume. Throughout the day, 1,885,837 shares of ASML exchanged hands as compared to its average daily volume of 1,670,600 shares. The stock ranged in a price between $77.58-$78.60 after having opened the day at $77.58 as compared to the previous trading day's close of $77.63. Other companies within the Electronics industry that increased today were: Daqo New Energy ( DQ), up 16.5%, eMagin Corporation ( EMAN), up 13.7%, Aehr Test Systems ( AEHR), up 12.0% and Himax Technologies ( HIMX), up 11.9%.
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ASML Holding NV engages in designing, manufacturing, marketing, and servicing semiconductor processing equipment used in the fabrication of integrated circuits or chips worldwide. ASML has a market cap of $31.6 billion and is part of the technology sector. Shares are up 20.4% year to date as of the close of trading on Tuesday. Currently there are 9 analysts that rate ASML a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates ASML as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, solid stock price performance, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share.

On the negative front, Renewable Energy Trade Board ( EBOD), down 89.5%, Netlist ( NLST), down 10.4%, Trio-Tech International ( TRT), down 10.4% and Giga-tronics ( GIGA), down 8.2% , were all laggards within the electronics industry with First Solar ( FSLR) 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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