Broadcom Corporation

(

BRCM

) pushed the Electronics industry lower today making it today's featured Electronics loser. The industry as a whole closed the day down 2.8%. By the end of trading, Broadcom Corporation fell $1.18 (-3.7%) to $30.44 on average volume. Throughout the day, 8.6 million shares of Broadcom Corporation exchanged hands as compared to its average daily volume of 8.2 million shares. The stock ranged in price between $30.33-$31.40 after having opened the day at $31.37 as compared to the previous trading day's close of $31.62. Other company's within the Electronics industry that declined today were:

Netlist Inc

(

NLST

), down 12%,

Sequans Communications SA ADR

(

SQNS

), down 10.9%,

Emcore Corporation

(

EMKR

), down 9.1%, and

Parkervision Inc

(

PRKR

), down 9%.

Broadcom Corporation designs and develops semiconductors for wired and wireless communications. Broadcom Corporation has a market cap of $15.63 billion and is part of the

technology

sector. The company has a P/E ratio of 19.4, equal to the average electronics industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are down 26.2% year to date as of the close of trading on Tuesday.

TheStreet Ratings rates Broadcom 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 and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the positive front,

Daystar Technologies Inc

(

DSTI

), up 40%,

Yingli Green Energy Holding Company

(

YGE

), up 11.9%,

Electro-Sensors Inc

(

ELSE

), up 10.5%, and

Daqo New Energy

(

DQ

), up 7.6%, were all gainers within the electronics industry with

Trina Solar

(

TSL

) being today's featured electronics industry winner.

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

).

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