KLA-Tencor Corporation (KLAC): Today's Featured Electronics Laggard

KLA-Tencor Corporation ( KLAC) pushed the Electronics industry lower today making it today's featured Electronics laggard. The industry as a whole closed the day up 1.2%. By the end of trading, KLA-Tencor Corporation fell $1.14 (-1.9%) to $59.25 on average volume. Throughout the day, 1,889,916 shares of KLA-Tencor Corporation exchanged hands as compared to its average daily volume of 2,041,300 shares. The stock ranged in price between $59.22-$60.38 after having opened the day at $60.35 as compared to the previous trading day's close of $60.39. Other companies within the Electronics industry that declined today were: 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%.

KLA-Tencor Corporation designs, manufactures, and markets process control and yield management solutions for the semiconductor and related nanoelectronics industries. KLA-Tencor Corporation has a market cap of $9.9 billion and is part of the technology sector. Shares are up 25.5% year to date as of the close of trading on Friday. Currently there are 8 analysts that rate KLA-Tencor Corporation a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates KLA-Tencor Corporation 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, attractive valuation levels, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share.

On the positive front, 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% , were all gainers within the electronics industry with Micron Technology ( MU) 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.
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