ASML Holding NV (ASML): 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

ASML ( ASML) pushed the Electronics industry lower today making it today's featured Electronics laggard. The industry as a whole closed the day down 1.8%. By the end of trading, ASML fell $1.92 (-2.4%) to $77.88 on heavy volume. Throughout the day, 3,498,535 shares of ASML exchanged hands as compared to its average daily volume of 1,908,300 shares. The stock ranged in price between $77.53-$79.87 after having opened the day at $79.87 as compared to the previous trading day's close of $79.80. Other companies within the Electronics industry that declined today were: Renewable Energy Trade Board ( EBOD), down 37.5%, LightPath Technologies ( LPTH), down 10.9%, JA Solar Holdings Co. ADR ( JASO), down 9.2% and GigOptix ( GIG), down 8.8%.
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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 $33.3 billion and is part of the technology sector. Shares are up 26.9% 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 solid stock price performance, largely solid financial position with reasonable debt levels by most measures, 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 positive front, Netlist ( NLST), down 11.2%, SolarCity ( SCTY), down 3.8%, Audience ( ADNC), down 3.5% and Daqo New Energy ( DQ), down 3.2%.

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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