Spreadtrum Communications Inc

(

SPRD

) pushed the Electronics industry lower today making it today's featured Electronics loser. The industry as a whole closed the day up 3.9%. By the end of trading, Spreadtrum Communications Inc fell 66 cents (-2.7%) to $24.09 on average volume. Throughout the day, two million shares of Spreadtrum Communications Inc exchanged hands as compared to its average daily volume of 1.4 million shares. The stock ranged in price between $23.25-$25.96 after having opened the day at $25.50 as compared to the previous trading day's close of $24.75. Other company's within the Electronics industry that declined today were:

Dynasil Corporation of America

(

DYSL

), down 13%,

Trio-Tech International

(

TRT

), down 9.3%,

Applied Energetics Inc

(

AERG

), down 8.5%, and

Digital Ally Inc

(

DGLY

), down 6.8%.

Spreadtrum Communications, Inc., through its subsidiaries, operates as a fabless semiconductor company that designs, develops, and markets baseband processor and RF transceiver solutions for wireless communications and mobile television markets. Spreadtrum Communications Inc has a market cap of $1.14 billion and is part of the

technology

sector. The company has a P/E ratio of 9.7, above the average electronics industry P/E ratio of 3.9 and below the S&P 500 P/E ratio of 17.7. Shares are up 34.7% year to date as of the close of trading on Friday.

TheStreet Ratings rates Spreadtrum as a

hold

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and impressive record of earnings per share growth. However, as a counter to these strengths, we find that the company has not been very careful in the management of its balance sheet.

On the positive front,

Energy Conversion Devices Inc

(

ENER

), up 41.9%,

Trident Microsystems Inc

(

TRID

), up 18.5%,

OYO Geospace Corporation

(

OYOG

), up 17%, and

LTX-Credence Corporation

(

LTXC

), up 15.3%, were all gainers within the electronics industry with

SanDisk

(

SNDK

) 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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