Micron Technology Inc. (MU): Today's Featured Electronics Winner

Micron Technology ( MU) pushed the Electronics industry higher today making it today's featured electronics winner. The industry as a whole closed the day up 1.2%. By the end of trading, Micron Technology rose $0.38 (3.0%) to $13.07 on average volume. Throughout the day, 30,366,660 shares of Micron Technology exchanged hands as compared to its average daily volume of 37,820,300 shares. The stock ranged in a price between $12.65-$13.18 after having opened the day at $12.76 as compared to the previous trading day's close of $12.69. Other companies within the Electronics industry that increased today were: Cogo Group ( COGO), up 23.9%, Hanwha SolarOne ( HSOL), up 21.9%, LDK Solar Company ( LDK), up 21.5% and Suntech Power Holdings ( STP), up 21.2%.

Micron Technology, Inc., together with its subsidiaries, engages in the manufacture and marketing of semiconductor devices worldwide. Micron Technology has a market cap of $13.2 billion and is part of the technology sector. Shares are up 100.3% year to date as of the close of trading on Friday. Currently there are 14 analysts that rate Micron Technology a buy, 2 analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Micron Technology as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and compelling growth in net income. However, as a counter to these strengths, we find that we feel that the company's cash flow from its operations has been weak overall.

On the negative front, Wi-Lan ( WILN), down 31.1%, Aehr Test Systems ( AEHR), down 6.1%, Mattson Technology ( MTSN), down 6.0% and Vicon Industries ( VII), down 5.5% , were all laggards within the electronics industry with KLA-Tencor Corporation ( KLAC) being today's electronics industry laggard.

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).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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