Intel Corp (INTC): 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
.
(
) pushed the Electronics industry lower today making it today's featured Electronics laggard. The industry as a whole closed the day down 0.7%. By the end of trading, Intel fell 69 cents (-2.7%) to $25.04 on average volume. Throughout the day, 50.8 million shares of Intel exchanged hands as compared to its average daily volume of 36.6 million shares. The stock ranged in price between $24.93-$25.58 after having opened the day at $25.58 as compared to the previous trading day's close of $25.73. Other companies within the Electronics industry that declined today were:
(
), down 25%,
(
), down 11.8%,
(
TheStreet Recommends
), down 9.6%, and
(
), down 7.1%.
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Intel Corporation designs, manufactures, and sells integrated digital technology platforms primarily in the Asia-Pacific, the Americas, Europe, and Japan. Intel has a market cap of $133.08 billion and is part of the
sector. The company has a P/E ratio of 11.1, below the average electronics industry P/E ratio of 11.3 and below the S&P 500 P/E ratio of 17.7. Shares are up 7.7% year to date as of the close of trading on Wednesday. Currently there are 17 analysts that rate Intel a buy, two analysts rate it a sell, and 20 rate it a hold.
TheStreet Ratings rates Intel 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, notable return on equity, attractive valuation levels and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full Intel Ratings Report.
On the positive front,
(
), up 16.2%,
(
), up 11.9%,
(
), up 6.6%, and
(
), up 6%, were all gainers within the electronics industry with
(
) being today's featured electronics industry leader.
- Use our electronics section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
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
(
) while those bearish on the electronics industry could consider
ProShares Ultra Short Semiconductor
(
).
- Find other investment ideas from our top rated ETFs lists.
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