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


ON Semiconductor Corporation



) pushed the Electronics industry higher today making it today's featured electronics winner. The industry as a whole closed the day down 0.6%. By the end of trading, ON Semiconductor Corporation rose 8 cents (1.1%) to $6.62 on light volume. Throughout the day, 5.3 million shares of ON Semiconductor Corporation exchanged hands as compared to its average daily volume of 8.1 million shares. The stock ranged in a price between $6.46-$6.62 after having opened the day at $6.48 as compared to the previous trading day's close of $6.54. Other companies within the Electronics industry that increased today were:

Vicon Industries



), up 19.7%,




), up 17.6%,

Pulse Electronics



), up 15.4%, and

Cogo Group



), up 13.7%.

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ON Semiconductor Corporation, together with its subsidiaries, designs, manufactures, and markets semiconductor components for electronic systems and products worldwide. ON Semiconductor Corporation has a market cap of $3.07 billion and is part of the


sector. Shares are down 15.3% year to date as of the close of trading on Friday. Currently there are 14 analysts that rate ON Semiconductor Corporation a buy, no analysts rate it a sell, and four rate it a hold.

TheStreet Ratings rates ON Semiconductor Corporation as a


. The company's strengths can be seen in multiple areas, such as its expanding profit margins and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow.

On the negative front,

Veeco Instruments


TheStreet Recommends


), down 10.2%,




), down 8.7%,

GT Advanced Technologies



), down 8.6%, and

A123 Systems



), down 8.4%, were all laggards within the electronics industry with




) being today's electronics industry laggard.

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




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