Xilinx Inc (XLNX): Today's Featured Electronics Winner

Xilinx was a winner within the electronics industry, rising $0.92 (2.0%) to $46.43 on average volume
By TheStreet Wire ,

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.

Xilinx

(

XLNX

) pushed the Electronics industry higher today making it today's featured electronics winner. The industry as a whole closed the day up 0.8%. By the end of trading, Xilinx rose $0.92 (2.0%) to $46.43 on average volume. Throughout the day, 3,468,318 shares of Xilinx exchanged hands as compared to its average daily volume of 3,442,700 shares. The stock ranged in a price between $45.27-$46.50 after having opened the day at $45.43 as compared to the previous trading day's close of $45.51. Other companies within the Electronics industry that increased today were:

Triquint Semiconductor

(

TQNT

), up 17.5%,

Applied Micro Circuits Corporation

(

AMCC

), up 13.9%,

Sequans Communications

(

SQNS

), up 12.7% and

Mattson Technology

(

MTSN

), up 9.5%.

Xilinx, Inc. designs and develops programmable devices and associated technologies worldwide. Xilinx has a market cap of $12.1 billion and is part of the technology sector. Shares are up 27.8% year to date as of the close of trading on Wednesday. Currently there are 9 analysts that rate Xilinx a buy, no analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates

Xilinx

as a

buy

. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income, notable return on equity, expanding profit margins and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

On the negative front,

Silicon Laboratories

(

SLAB

), down 11.8%,

Superconductor Technologies

(

SCON

), down 6.6%,

Hanwha SolarOne

(

HSOL

), down 5.1% and

Daqo New Energy

(

DQ

), down 4.8% , were all laggards within the electronics industry with

ABB

(

ABB

) being today's electronics industry laggard.

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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