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


Avago Technologies



) pushed the Technology sector higher today making it today's featured technology winner. The sector as a whole closed the day down 0.8%. By the end of trading, Avago Technologies rose 45 cents (1.4%) to $33.46 on heavy volume. Throughout the day, 4.1 million shares of Avago Technologies exchanged hands as compared to its average daily volume of 1.9 million shares. The stock ranged in a price between $32.39-$33.54 after having opened the day at $32.74 as compared to the previous trading day's close of $33.01. Other companies within the Technology sector that increased today were:

Nexxus Lighting



), up 47.6%,

CalAmp Corporation



), up 13.8%,

Remark Media



), up 10.4%, and

Vipshop Holdings Ltd ADR



), up 8.7%.

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Avago Technologies Limited engages in the design, development, and supply of analog semiconductor devices with a focus on III-V based products. Avago Technologies has a market cap of $8.47 billion and is part of the


industry. The company has a P/E ratio of 15.5, above the average electronics industry P/E ratio of 15.4 and below the S&P 500 P/E ratio of 17.7. Shares are up 14.4% year to date as of the close of trading on Tuesday. Currently there are 10 analysts that rate Avago Technologies a buy, no analysts rate it a sell, and one rates it a hold.

TheStreet Ratings rates Avago Technologies as a


. 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, growth in earnings per share, expanding profit margins and increase in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the negative front,

Globalstar Incorporated



), down 17.2%,

WPCS International



), down 15.1%,

Telestone Technologies Corporation



), down 15%, and

Dataram Corporation



), down 14.8%, were all laggards within the technology sector with




) being today's technology sector laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the technology sector could consider

Technology Select Sector SPDR



) while those bearish on the technology sector could consider

ProShares Ultra Short Technology




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