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.
) pushed the Electronics industry lower today making it today's featured Electronics laggard. The industry as a whole closed the day up 1.1%. By the end of trading, Intel fell $0.22 (-1.0%) to $22.06 on light volume. Throughout the day, 27,583,330 shares of Intel exchanged hands as compared to its average daily volume of 40,129,400 shares. The stock ranged in price between $22.04-$22.44 after having opened the day at $22.24 as compared to the previous trading day's close of $22.28. Other companies within the Electronics industry that declined today were:
), down 10.5%,
), down 8.6%,
), down 6.9% and
), down 6.1%.
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Intel Corporation designs, manufactures, and sells integrated digital technology platforms worldwide. The company operates through PC Client Group, Data Center Group, Other Intel Architecture, Software and Services, and All Other segments. Intel has a market cap of $111.0 billion and is part of the technology sector. Shares are up 8.0% year to date as of the close of trading on Wednesday. Currently there are 9 analysts that rate Intel a buy, 5 analysts rate it a sell, and 20 rate it a hold.
TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share.
- You can view the full Intel Ratings Report.
On the positive front,
), up 32.5%,
), up 25.0%,
), up 6.1% and
), up 5.9% , were all gainers within the electronics industry with
) being today's featured electronics industry leader.
- Use our electronics section to find industry-relevant news.
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For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the electronics industry could consider
) while those bearish on the electronics industry could consider
- Find other investment ideas from our top rated ETFs lists.