Triquint Semiconductor (TQNT): Today's Featured Electronics Loser

The electronics industry closed the day up 4.7%. AXT Inc ( AXTI), Plexus ( PLXS), Digital Ally Inc ( DGLY), and Memsic Inc ( MEMS) were all decliners today within the electronics industry with Triquint Semiconductor ( TQNT) being today's featured electronics loser. Triquint Semiconductor fell $1.86 (-25.9%) to $5.31 on heavy volume. Throughout the day, 29 million shares of Triquint Semiconductor exchanged hands as compared to its average daily volume of 6.3 million shares.

TriQuint Semiconductor, Inc. provides radio frequency (RF) solutions and technology for communications, defense, and aerospace companies worldwide. Triquint Semiconductor has a market cap of $1.1 billion and is part of the technology sector. The company has a P/E ratio of 6.2, equal to the average electronics industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 38.7% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates Triquint Semiconductor as a hold. 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 and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, a generally disappointing performance in the stock itself and feeble growth in the company's earnings per share.

On the positive front, Suntech Power Holdings ( STP), Quicklogic Corporation ( QUIK), LDK Solar Company ( LDK), and GT Advanced Technologies Inc ( GTAT) were all gainers within the electronics industry with Intel ( INTC) 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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