NVIDIA Corporation (NVDA): Today's Featured Electronics Laggard

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NVIDIA Corporation (NVDA) pushed the Electronics industry lower today making it today's featured Electronics laggard. The industry as a whole closed the day up 0.1%. By the end of trading, NVIDIA Corporation fell 76 cents (-5.4%) to $13.28 on average volume. Throughout the day, 17.3 million shares of NVIDIA Corporation exchanged hands as compared to its average daily volume of 11.5 million shares. The stock ranged in price between $13.15-$13.85 after having opened the day at $13.80 as compared to the previous trading day's close of $14.03. Other companies within the Electronics industry that declined today were: JA Solar Holdings Co. ADR (JASO), down 11.6%, ARM Holdings (ARMH), down 8.6%, Data I/O Corporation (DAIO), down 7.1%, and Trina Solar (TSL), down 6.7%.

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NVIDIA Corporation provides graphics chips for use in smartphones, personal computers (PC), tablets, and professional workstations markets worldwide. It operates in three segments: Graphic Processing Unit (GPU), Professional Solutions Business (PSB), and Consumer Products Business (CPB). NVIDIA Corporation has a market cap of $8.69 billion and is part of the technology sector. The company has a P/E ratio of 18.5, equal to the average electronics industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are up 1.2% year to date as of the close of trading on Friday. Currently there are 13 analysts that rate NVIDIA Corporation a buy, no analysts rate it a sell, and 16 rate it a hold.

TheStreet Ratings rates NVIDIA Corporation 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, good cash flow from operations, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

• You can view the full NVIDIA Ratings Report.

On the positive front, Enova Systems (ENA), up 83.7%, MEMC Electronic Materials (WFR), up 11.2%, Tower Semiconductor (TSEM), up 10.3%, and Ascent Solar Technologies (ASTI), up 7.8%, were all gainers within the electronics industry with KLA-Tencor Corporation (KLAC) being today's featured electronics industry leader.

• Use our electronics section to find industry-relevant news.
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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).

• Find other investment ideas from our top rated ETFs lists.

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For more information on NVIDIA Corporation click any of the following:

• NVIDIA Corporation Stock Price

• NVIDIA Corporation Analyst Ratings

• NVIDIA Corporation Key Stats & Profile

• NVIDIA Corporation Earnings

• NVIDIA Corporation Ratio Comparison

• NVIDIA Corporation Growth Rates

• NVIDIA Corporation Balance Sheet

• NVIDIA Corporation Cash Flow

• NVIDIA Corporation Income Statement