NXP Semiconductor NV (NXPI): Today's Featured Electronics Laggard
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 down 1.3%. By the end of trading, NXP Semiconductor fell $0.76 (-2.0%) to $37.17 on light volume. Throughout the day, 1,509,718 shares of NXP Semiconductor exchanged hands as compared to its average daily volume of 2,167,100 shares. The stock ranged in price between $36.89-$38.82 after having opened the day at $38.56 as compared to the previous trading day's close of $37.93. Other companies within the Electronics industry that declined today were:
(
), down 16.1%,
(
), down 14.8%,
(
), down 11.6% and
Revolution Lighting Technologies
(
), down 11.6%.
NXP Semiconductors N.V. provides mixed signal and standard product solutions for radio frequency (RF), analog, power management, interface, security, and digital processing products worldwide. It provides integrated circuits (ICs) and discrete semiconductors. NXP Semiconductor has a market cap of $9.3 billion and is part of the technology sector. Shares are up 44.1% year to date as of the close of trading on Thursday. Currently there are 8 analysts that rate NXP Semiconductor a buy, no analysts rate it a sell, and 2 rate it a hold.
TheStreet Ratings rates
NXP Semiconductor
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income and impressive record of earnings per share growth. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and weak operating cash flow.
- You can view the full NXP Semiconductor Ratings Report.
On the positive front,
(
), up 8.4%,
(
), up 7.3%,
(
), up 5.0% and
(
), up 4.2% , 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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