Agilent Technologies Inc (A): Today's Featured Electronics Laggard

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 0.4%. By the end of trading, Agilent Technologies fell $0.50 (-1.1%) to $43.09 on average volume. Throughout the day, 2,944,273 shares of Agilent Technologies exchanged hands as compared to its average daily volume of 3,825,300 shares. The stock ranged in price between $42.95-$43.89 after having opened the day at $43.49 as compared to the previous trading day's close of $43.59. Other companies within the Electronics industry that declined today were: Plug Power ( PLUG), down 16.6%, AMSC ( AMSC), down 8.7%, Uni-pixel ( UNXL), down 8.3% and SatCon Technology Corporation ( SATC), down 7.5%.

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 $14.7 billion and is part of the health care sector. The company has a P/E ratio of 14.8, below the S&P 500 P/E ratio of 17.7. Shares are up 4.4% year to date as of the close of trading on Monday. 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, LightPath Technologies ( LPTH), up 9.0%, Alliance Fiber Optic Products ( AFOP), up 8.5%, Acuity Brands ( AYI), up 7.2% and Geospace Technologies ( GEOS), up 5.9% , were all gainers within the electronics industry with Avago Technologies ( AVGO) 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).

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