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Semiconductor industry

Electronics Industry Mixed as Major Indices Trade Lower

Strategic Insights

— 1 min read

The Dow Jones Industrial Average is trading down 0.1% to 17,206 as of Monday, Oct. 19, 2015, 12:55 PM ET, with the NYSE advances/declines ratio sitting at 1,332 issues advancing vs. 1,655 declining with 165 unchanged. The Electronics industry is currently unchanged today versus the S&P 500, which is down 0.1%. A company within the industry that increased today was Hanwha Q CELLS, up 1.2%.

Key Takeaways:

  • Emerson Electric is one of the companies pushing the Electronics industry higher today, up $0.26 (0.6%) to $45.53 on light volume as of noon trading.
  • Micron Technology is also up, $0.60 (3.2%) to $19.10 on average volume as of noon trading.
  • Intel is up $0.50 (1.5%) to $33.54 on average volume as of noon trading.
  • Top decliners within the industry include Siliconware Precision Industries, down 5.3%, Advanced Semiconductor Engineering, down 2.7%, and Kyocera, down 1.7%.
  • TheStreet Ratings rates Emerson Electric as a hold, citing multiple strengths including notable return on equity, expanding profit margins, and a solid financial position.
  • TheStreet Ratings rates Micron Technology as a hold, citing multiple strengths including attractive valuation levels, expanding profit margins, and notable return on equity.
  • TheStreet Ratings rates Intel as a buy, citing multiple strengths including a solid financial position, attractive valuation levels, notable return on equity, and expanding profit margins.
  • Shares of Emerson Electric are down 26.7% year-to-date, while shares of Micron Technology are down 47.2% year-to-date.
  • TheStreet Olympics offers a unique way for investors to view the elite group of companies praised by Jim Cramer.

Statistics:

  • Dow Jones Industrial Average down 0.1% to 17,206 as of Oct. 19, 2015, 12:55 PM ET.
  • NYSE advances/declines ratio 1,332 issues advancing vs. 1,655 declining with 165 unchanged.
  • Emerson Electric up $0.26 (0.6%) to $45.53 on light volume as of noon trading.
  • Micron Technology up $0.60 (3.2%) to $19.10 on average volume as of noon trading.
  • Intel up $0.50 (1.5%) to $33.54 on average volume as of noon trading.
  • Siliconware Precision Industries down 5.3%.
  • Advanced Semiconductor Engineering down 2.7%.
  • Kyocera down 1.7%.

Sources:

  • TheStreet Wire
  • TheStreet Ratings
  • TheStreet Olympics
  • iShares Dow Jones US Technology (IYW)
  • ProShares Ultra Short Semiconductor (SSG)

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