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

NEW YORK (

TheStreet

) --

Skyworks Solutions

(Nasdaq:

SWKS

) hit a new 52-week high Friday as it is currently trading at $30.30, above its previous 52-week high of $30.14 with 1.4 million shares traded as of 11 a.m. ET. Average volume has been 3.8 million shares over the past 30 days.

Skyworks has a market cap of $5.67 billion and is part of the

technology

sector and

electronics

industry. Shares are up 83.3% year to date as of the close of trading on Thursday.

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. The company has a P/E ratio of 27.5, equal to the average electronics industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Skyworks 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, solid stock price performance 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

.

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