Electronics Industry Sees Gains Amid Market Volatility

Strategic Insights -

As of Wednesday, Sept. 9, 2015, the Dow Jones Industrial Average is trading up 0 points (0.0%) at 16,493. The Electronics industry is currently up 0.3% compared to the S&P 500's 0.2% gain. Several stocks within the industry are experiencing significant price movements, with top gainers including Flextronics International, Advanced Semiconductor Engineering, Kyocera, Sensata Technologies Holding N.V., and Hanwha Q CELLS.

Key Takeaways:

  • Flextronics International (FLEX) is up 3.2% as of noon trading, with 1.3 million shares exchanged on average volume.
  • Advanced Semiconductor Engineering (ASX) is up 3.0% as of noon trading, with 1.1 million shares exchanged on average volume.
  • Kyocera (KYO) is up 2.8% as of noon trading, with 860 thousand shares exchanged on average volume.
  • Sensata Technologies Holding N.V. (ST) is up 1.2% as of noon trading, with 860 thousand shares exchanged on average volume.
  • Hanwha Q CELLS (HQCL) is up 1.0% as of noon trading, with 520 thousand shares exchanged on average volume.
  • Emerson Electric (EMR) is up 0.5% as of noon trading, with 2.3 million shares exchanged on average volume.
  • Taiwan Semiconductor Manufacturing (TSM) is up 0.5% as of noon trading, with 5.7 million shares exchanged on average volume.
  • Intel (INTC) is up 0.5% as of noon trading, with 15.3 million shares exchanged on average volume.
  • TheStreet Ratings rates Emerson Electric, Taiwan Semiconductor Manufacturing, and Intel as a hold, buy, and buy, respectively.
  • The strength of the Electronics industry can be seen in its revenue growth, solid financial position, and notable return on equity.

Statistics:

  • As of Wednesday, Sept. 9, 2015, the Dow Jones Industrial Average is trading up 0 points (0.0%) at 16,493.
  • The Electronics industry is currently up 0.3% compared to the S&P 500's 0.2% gain.
  • Flextronics International (FLEX) has a market cap of $13.2 billion and is part of the technology sector.
  • Advanced Semiconductor Engineering (ASX) has a market cap of $2.9 billion and is part of the technology sector.
  • Kyocera (KYO) has a market cap of $13.1 billion and is part of the technology sector.
  • Sensata Technologies Holding N.V. (ST) has a market cap of $3.6 billion and is part of the technology sector.
  • Hanwha Q CELLS (HQCL) has a market cap of $1.1 billion and is part of the technology sector.
  • Emerson Electric (EMR) has a market cap of $30.1 billion and is part of the industrial goods sector.
  • Taiwan Semiconductor Manufacturing (TSM) has a market cap of $102.0 billion and is part of the technology sector.
  • Intel (INTC) has a market cap of $135.6 billion and is part of the technology sector.
  • 2 analysts rate Emerson Electric as a buy, 2 analysts rate it as a sell, and 14 rate it as a hold.
  • 1 analyst rate Taiwan Semiconductor Manufacturing as a buy, 2 analysts rate it as a sell, and none rate it as a hold.
  • 18 analysts rate Intel as a buy, 4 analysts rate it as a sell, and 8 rate it as a hold.
  • TheStreet Ratings rates Emerson Electric, Taiwan Semiconductor Manufacturing, and Intel as a hold, buy, and buy, respectively.

Sources:

  • TheStreet
  • Thomson Reuters
  • Bloomberg
  • Yahoo Finance
  • iShares Dow Jones US Technology (IYW)
  • ProShares Ultra Short Semiconductor (SSG)