Garmin

(

GRMN

) pushed the Electronics industry lower today making it today's featured Electronics loser. The industry as a whole closed the day up 0.3%. By the end of trading, Garmin fell 53 cents (-1.2%) to $43.19 on light volume. Throughout the day, 437,816 shares of Garmin exchanged hands as compared to its average daily volume of 807,600 shares. The stock ranged in price between $43.11-$43.80 after having opened the day at $43.75 as compared to the previous trading day's close of $43.72. Other company's within the Electronics industry that declined today were:

Hoku

(

HOKU

), down 18.2%,

LDK Solar Company

(

LDK

), down 13.5%,

Maxwell Technologies

(

MXWL

), down 12%, and

Vicon Industries

(

VII

), down 11%.

Garmin Ltd., together with its subsidiaries, designs, develops, manufactures, and markets global positioning system (GPS) enabled products and other navigation, communication, and information products for the automotive/mobile, outdoor, fitness, marine, and general aviation markets worldwide. Garmin has a market cap of $9.12 billion and is part of the

technology

sector. The company has a P/E ratio of 16.7, equal to the average electronics industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 10% year to date as of the close of trading on Thursday. Currently there are three analysts that rate Garmin a buy, one analyst rates it a sell, and seven rate it a hold.

TheStreet Ratings rates Garmin 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, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share.

On the positive front,

Winland Electronics

(

WEX

), up 16.4%,

Canadian Solar

(

CSIQ

), up 15%,

Axcelis Technologies

(

ACLS

), up 10.9%, and

SatCon Technology Corporation

(

SATC

), up 8.4%, were all gainers within the electronics industry with

SanDisk

(

SNDK

) 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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