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 2.2%. By the end of trading, ASML fell $1.91 (-2.5%) to $74.51 on light volume. Throughout the day, 1,010,293 shares of ASML exchanged hands as compared to its average daily volume of 1,912,600 shares. The stock ranged in price between $73.89-$75.03 after having opened the day at $73.95 as compared to the previous trading day's close of $76.42. Other companies within the Electronics industry that declined today were: Dynasil Corporation of America ( DYSL), down 16.1%, Microvision ( MVIS), down 13.0%, Advanced Photonix ( API), down 11.1% and On Track Innovations ( OTIV), down 10.7%.
  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass

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 $31.4 billion and is part of the technology sector. Shares are up 19.7% year to date as of the close of trading on Friday. Currently there are 10 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 positive front, Amtech Systems ( ASYS), down 10.3%, Revolution Lighting Technologies ( RVLT), down 8.2%, Photronics ( PLAB), down 3.8% and Orion Energy Systems ( OESX), down 3.8% , were all gainers within the electronics industry with Advanced Micro Devices ( AMD) 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.

null

More from Markets

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Jim Cramer: The 10-Year Yield Could Go to 2.75%

Jim Cramer: The 10-Year Yield Could Go to 2.75%

Oil Slumps, Gas Spikes Ahead of Holiday Weekend; Assessing the Chipmakers--ICYMI

Oil Slumps, Gas Spikes Ahead of Holiday Weekend; Assessing the Chipmakers--ICYMI

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%