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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.

NXP Semiconductor



) pushed the Technology sector higher today making it today's featured technology winner. The sector as a whole closed the day down 0.3%. By the end of trading, NXP Semiconductor rose $0.50 (1.3%) to $38.08 on heavy volume. Throughout the day, 4,659,273 shares of NXP Semiconductor exchanged hands as compared to its average daily volume of 2,220,100 shares. The stock ranged in a price between $37.77-$38.35 after having opened the day at $37.79 as compared to the previous trading day's close of $37.58. Other companies within the Technology sector that increased today were:

Daqo New Energy



), up 26.9%,




), up 21.2%,

Data I/O Corporation



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), up 18.7% and

Sierra Wireless



), up 18.4%.

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 $9.4 billion and is part of the electronics industry. Shares are up 43.6% 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.

On the negative front,




), down 42.9%,

FAB Universal



), down 17.6%,




), down 17.1% and

Dynasil Corporation of America



), down 14.3% , were all laggards within the technology sector with

Verizon Communications



) being today's technology sector laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the technology sector could consider

Technology Select Sector SPDR



) while those bearish on the technology sector could consider

ProShares Ultra Short Technology




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