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

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

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 $0.23 (1.7%) to $13.86 on light volume. Throughout the day, 14,257,864 shares of Micron Technology exchanged hands as compared to its average daily volume of 43,192,200 shares. The stock ranged in a price between $13.74-$14.08 after having opened the day at $13.75 as compared to the previous trading day's close of $13.63. Other companies within the Electronics industry that increased today were: SunEdison ( SUNE), up 15.7%, Jinpan International ( JST), up 8.3%, Daqo New Energy ( DQ), up 6.6% and Rubicon Technology ( RBCN), up 6.4%.

Micron Technology, Inc., together with its subsidiaries, engages in the manufacture and marketing of semiconductor devices worldwide. Micron Technology has a market cap of $14.3 billion and is part of the technology sector. Shares are up 117.7% year to date as of the close of trading on Wednesday. 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, Pulse Electronics ( PULS), down 8.5%, ClearSign Combustion ( CLIR), down 5.9%, SL Industries ( SLI), down 4.9% and Pixelworks ( PXLW), down 3.9%.

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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