Emerson Electric Co. (EMR): Today's Featured Electronics Laggard

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.

Emerson Electric ( EMR) pushed the Electronics industry lower today making it today's featured Electronics laggard. The industry as a whole closed the day up 0.9%. By the end of trading, Emerson Electric fell $0.71 (-1.1%) to $63.80 on heavy volume. Throughout the day, 4,952,478 shares of Emerson Electric exchanged hands as compared to its average daily volume of 2,843,400 shares. The stock ranged in price between $63.76-$64.56 after having opened the day at $64.44 as compared to the previous trading day's close of $64.51. Other companies within the Electronics industry that declined today were: Semiconductor Manufacturing International C ( SMI), down 19.2%, Tel Instrument Electronics Corporation ( TIK), down 9.4%, Qualstar Corporation ( QBAK), down 7.0% and LightPath Technologies ( LPTH), down 6.9%.

Emerson Electric Co., a diversified technology company, designs and supplies products and technology, and delivers engineering services and solutions to the industrial, commercial, and consumer markets worldwide. Emerson Electric has a market cap of $45.3 billion and is part of the industrial goods sector. Shares are down 8.1% year to date as of the close of trading on Friday. Currently there are 5 analysts that rate Emerson Electric a buy, no analysts rate it a sell, and 14 rate it a hold.

TheStreet Ratings rates Emerson Electric as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, good cash flow from operations and growth in earnings per share. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

On the positive front, JA Solar Holdings Co. ADR ( JASO), up 12.8%, Sutron Corporation ( STRN), up 10.9%, Daqo New Energy ( DQ), up 9.0% and ReneSola ( SOL), up 8.8% , 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).

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