NEW YORK (
-- Semiconductor Manufacturing International C
) has been upgraded by TheStreet Ratings from sell to hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and generally poor debt management.
Semiconductor Manufacturing International Corporation, together with its subsidiaries, engages in designing, manufacturing, and trading integrated circuits. Semiconductor Manufacturing International C has a market cap of $2.3 billion and is part of the
industry. Shares are up 5.7% year to date as of the close of trading on Tuesday.
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