Skyworks Solutions Inc. (SWKS): Today's Featured Electronics Winner
(
) pushed the Electronics industry higher today making it today's featured electronics winner. The industry as a whole was unchanged today. By the end of trading, Skyworks Solutions rose $1.06 (4.1%) to $26.86 on average volume. Throughout the day, 5.4 million shares of Skyworks Solutions exchanged hands as compared to its average daily volume of 4.8 million shares. The stock ranged in a price between $25.43-$27.08 after having opened the day at $25.93 as compared to the previous trading day's close of $25.80. Other companies within the Electronics industry that increased today were:
(
), up 38.7%,
(
), up 22.9%,
(
), up 21.8%, and
TheStreet Recommends
(
), up 12%.
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 $5.12 billion and is part of the
sector. The company has a P/E ratio of 24.8, equal to the average electronics industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are up 59.1% year to date as of the close of trading on Wednesday. Currently there are 14 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
. 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 and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full Skyworks Ratings Report.
On the negative front,
Semiconductor Manufacturing International C
(
), down 12.9%,
(
), down 12.3%,
(
), down 10.5%, and
(
), down 7.6%, were all losers within the electronics industry with
(
) being today's electronics industry loser.
- 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
iShares Dow Jones US Technology
(
) while those bearish on the electronics industry could consider
ProShares Ultra Short Semiconductor
(
).
- Find other investment ideas from our top rated ETFs lists.
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