SanDisk

(

SNDK

) pushed the Electronics industry higher today making it today's featured electronics winner. The industry as a whole closed the day up 0.3%. By the end of trading, SanDisk rose $1.48 (4.6%) to $33.73 on average volume. Throughout the day, 6.7 million shares of SanDisk exchanged hands as compared to its average daily volume of 6.3 million shares. The stock ranged in a price between $32.32-$33.97 after having opened the day at $32.39 as compared to the previous trading day's close of $32.25. Other companies within the Electronics industry that increased today were:

Winland Electronics

(

WEX

), up 16.4%,

Canadian Solar

(

CSIQ

), up 15%,

Axcelis Technologies

(

ACLS

), up 10.9%, and

SatCon Technology Corporation

(

SATC

), up 8.4%.

Sandisk Corporation designs, develops, and manufactures NAND flash memory storage solutions that are used in various consumer electronics products. SanDisk has a market cap of $7.95 billion and is part of the

technology

sector. The company has a P/E ratio of 9.2, equal to the average electronics industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 34.5% year to date as of the close of trading on Thursday. Currently there are 15 analysts that rate SanDisk a buy, one analyst rates it a sell, and six rate it a hold.

TheStreet Ratings rates SanDisk as a

buy

. 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 and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share.

On the negative front,

Hoku

(

HOKU

), down 18.2%,

LDK Solar Company

(

LDK

), down 13.5%,

Maxwell Technologies

(

MXWL

), down 12%, and

Vicon Industries

(

VII

), down 11%, were all losers within the electronics industry with

Garmin

(

GRMN

) being today's electronics industry loser.

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

(

IYW

) while those bearish on the electronics industry could consider

ProShares Ultra Short Semiconductor

(

SSG

).

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