Emerson Electric Co. (EMR): Today's Featured Electronics Laggard

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

Emerson Electric ( EMR) pushed the Electronics industry lower today making it today's featured Electronics laggard. The industry as a whole closed the day down 0.5%. By the end of trading, Emerson Electric fell $0.60 (-1.0%) to $57.15 on average volume. Throughout the day, 3,145,046 shares of Emerson Electric exchanged hands as compared to its average daily volume of 3,732,400 shares. The stock ranged in price between $56.74-$58.13 after having opened the day at $57.66 as compared to the previous trading day's close of $57.75. Other companies within the Electronics industry that declined today were: SolarCity ( SCTY), down 9.2%, Plug Power ( PLUG), down 9.1%, GigOptix ( GIG), down 8.6% and Aetrium Incorporated ( ATRM), down 5.6%.
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Emerson Electric Co., a diversified technology company, engages in designing and supplying products and technology, and providing engineering services and solutions to the industrial, commercial, and consumer markets worldwide. Emerson Electric has a market cap of $41.3 billion and is part of the technology sector. The company has a P/E ratio of 20.4, above the S&P 500 P/E ratio of 17.7. Shares are up 8.5% year to date as of the close of trading on Monday. Currently there are 4 analysts that rate Emerson Electric a buy, no analysts rate it a sell, and 15 rate it a hold.

TheStreet Ratings rates Emerson Electric as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures, increase in stock price during the past year and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

On the positive front, Hanwha SolarOne ( HSOL), down 6.8%, Cepheid ( CPHD), down 5.9%, Orbotech ( ORBK), down 5.3% and Jinpan International ( JST), down 4.8% , were all gainers within the electronics industry with Taiwan Semiconductor Manufacturing ( TSM) being today's featured electronics industry leader.

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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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