Skyworks Solutions Inc. (SWKS): Today's Featured Electronics Loser - TheStreet

Skyworks Solutions

(

SWKS

) pushed the Electronics industry lower today making it today's featured Electronics loser. The industry as a whole closed the day down 0.4%. By the end of trading, Skyworks Solutions fell 48 cents (-1.9%) to $25 on average volume. Throughout the day, 4.7 million shares of Skyworks Solutions exchanged hands as compared to its average daily volume of 4.7 million shares. The stock ranged in price between $24.68-$25.71 after having opened the day at $25.60 as compared to the previous trading day's close of $25.48. Other company's within the Electronics industry that declined today were:

Enova Systems

(

ENA

), down 19.9%,

Giga-tronics

(

GIGA

), down 10.2%,

Trina Solar

(

TSL

), down 8%, and

Advanced Photonix

(

API

), down 7.6%.

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Skyworks Solutions, Inc., together with its subsidiaries, offers analog and mixed signal semiconductors worldwide. The company provides power amplifiers and front-end solutions for cellular handsets from entry level to multimedia platforms, as well as smart phones. Skyworks Solutions has a market cap of $5.09 billion and is part of the

technology

sector. The company has a P/E ratio of 24.6, equal to the average electronics industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are up 65.5% year to date as of the close of trading on Monday. Currently there are 15 analysts that rate Skyworks Solutions a buy, no analysts rate it a sell, and three rate it a hold.

TheStreet Ratings rates Skyworks Solutions as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, good cash flow from operations, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front,

Daystar Technologies

(

DSTI

), up 10.1%,

Emcore Corporation

(

EMKR

), up 8.3%,

On Track Innovations

(

OTIV

), up 7.1%, and

A123 Systems

(

AONE

), up 6.9%, were all gainers within the electronics industry with

Micron Technology

(

MU

) being today's featured electronics industry winner.

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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