NEW YORK (

TheStreet

) --

Xilinx

(Nasdaq:

XLNX

) hit a new 52-week high Tuesday as it is currently trading at $37.56, above its previous 52-week high of $37.48 with 403,267 shares traded as of 10 a.m. ET. Average volume has been 4.2 million shares over the past 30 days.

Xilinx has a market cap of $9.46 billion and is part of the

technology

sector and

electronics

industry. Shares are up 15.4% year to date as of the close of trading on Monday.

Xilinx, Inc. designs, develops, and markets programmable platforms in North America, the Asia Pacific, Europe, and Japan. The company has a P/E ratio of 17.7, above the average electronics industry P/E ratio of 17.2 and equal to the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Xilinx as a

buy

. The company's strengths can be seen in multiple areas, such as its expanding profit margins, solid stock price performance, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full

Xilinx Ratings Report

.

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52-week high stocks

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