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
) 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:
), up 9.5%,
), up 9.1%,
), up 7.8%, and
), 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
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
. 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.
- You can view the full SanDisk Ratings Report.
On the negative front,
), down 24.3%,
), down 10.4%,
), down 9.7%, and
), down 8.3%, were all laggards within the electronics industry with
) being today's electronics industry laggard.
- 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
) while those bearish on the electronics industry could consider
- Find other investment ideas from our top rated ETFs lists.