Itron Inc. (ITRI): Today's Featured Electronics Winner

The electronics industry closed the day down 3.1%. Sequans Communications SA ADR ( SQNS), Ramtron International Corporation ( RMTR), Data I/O Corporation ( DAIO), and Giga-tronics Inc ( GIGA) were all winners today within the electronics industry with Itron Inc ( ITRI) being today's featured electronics winner. Itron Inc rose 26 cents (0.8%) to $33.57 on heavy volume. Throughout the day, 876,273 shares of Itron Inc exchanged hands as compared to its average daily volume of 503,200 shares.

Itron, Inc. provides products and services for the energy and water markets worldwide. It produces standard electricity, natural gas, and water meters for residential, commercial, industrial, and transmission and distribution customers. Itron Inc has a market cap of $1.4 billion and is part of the technology sector. The company has a P/E ratio of eight, below the average electronics industry P/E ratio of 12.1 and below the S&P 500 P/E ratio of 17.7. Shares are down 39.9% year to date as of the close of trading on Friday.

TheStreet Ratings rates Itron as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income and revenue growth. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and poor profit margins.

On the negative front, Energy Conversion Devices Inc ( ENER), Canadian Solar Inc ( CSIQ), Veeco Instruments Inc ( VECO), and Rubicon Technology Inc ( RBCN) were all losers within the electronics industry with NVIDIA Corporation ( NVDA) being today's electronics industry Loser Spotlight stock.

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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