Agilent Technologies Inc (A): 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

Agilent Technologies ( A) pushed the Electronics industry lower today making it today's featured Electronics laggard. The industry as a whole closed the day down 1.1%. By the end of trading, Agilent Technologies fell $0.48 (-1.1%) to $43.92 on light volume. Throughout the day, 2,730,333 shares of Agilent Technologies exchanged hands as compared to its average daily volume of 3,849,800 shares. The stock ranged in price between $43.80-$44.83 after having opened the day at $44.78 as compared to the previous trading day's close of $44.40. Other companies within the Electronics industry that declined today were: Netlist ( NLST), down 12.5%, SemiLEDs ( LEDS), down 11.2%, Alpha & Omega Semiconductor ( AOSL), down 11.1% and First Solar ( FSLR), down 10.8%.
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Agilent Technologies, Inc. provides bio-analytical and electronic measurement solutions and services to the life sciences, chemical analysis, diagnostics and genomics, communications, and electronics industries worldwide. Agilent Technologies has a market cap of $15.4 billion and is part of the health care sector. The company has a P/E ratio of 15.5, below 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 Tuesday. Currently there are 14 analysts that rate Agilent Technologies a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Agilent Technologies 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, reasonable valuation levels, expanding profit margins, increase in stock price during the past year and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, Dynasil Corporation of America ( DYSL), down 35.6%, ClearSign Combustion ( CLIR), down 10.0%, Pixelworks ( PXLW), down 8.5% and GigOptix ( GIG), down 7.0%.

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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