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

.

SanDisk

(

SNDK

) pushed the Electronics industry higher today making it today's featured electronics winner. The industry as a whole closed the day down 0.7%. By the end of trading, SanDisk rose 56 cents (1.3%) to $43.54 on average volume. Throughout the day, 4.4 million shares of SanDisk exchanged hands as compared to its average daily volume of 5.9 million shares. The stock ranged in a price between $42.66-$43.91 after having opened the day at $42.77 as compared to the previous trading day's close of $42.98. Other companies within the Electronics industry that increased today were:

Planar Systems

(

PLNR

), up 9.5%,

Enova Systems

(

ENA

), up 9.1%,

Ascent Solar Technologies

(

ASTI

), up 7.8%, and

Sutron Corporation

(

STRN

), up 6.5%.

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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 $10.07 billion and is part of the

technology

sector. The company has a P/E ratio of 16.1, above the average computer hardware industry P/E ratio of 16 and below the S&P 500 P/E ratio of 17.7. Shares are down 13.5% year to date as of the close of trading on Tuesday. Currently there are 15 analysts that rate SanDisk a buy, one analyst rates it a sell, and eight rate it a hold.

TheStreet Ratings rates SanDisk as a

hold

. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity.

On the negative front,

Nexxus Lighting

(

NEXS

), down 24.3%,

Ultra Clean Holdings

(

UCTT

), down 10.4%,

Kewaunee Scientific

(

KEQU

), down 9.7%, and

Memsic

(

MEMS

), down 8.3%, were all laggards within the electronics industry with

TE Connectivity

(

TEL

) 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

(

IYW

) while those bearish on the electronics industry could consider

ProShares Ultra Short Semiconductor

(

SSG

).

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