Marvell Technology Group Ltd. (MRVL): Today's Featured Electronics Loser

Marvell Technology Group ( MRVL) pushed the Electronics industry lower today making it today's featured Electronics loser. The industry as a whole closed the day up 0.5%. By the end of trading, Marvell Technology Group fell 46 cents (-3%) to $14.89 on average volume. Throughout the day, 13 million shares of Marvell Technology Group exchanged hands as compared to its average daily volume of 10.1 million shares. The stock ranged in price between $14.65-$15.15 after having opened the day at $15.07 as compared to the previous trading day's close of $15.35. Other company's within the Electronics industry that declined today were: Maxwell Technologies ( MXWL), down 39.2%, Silicon Motion Technology Corporation ( SIMO), down 16.3%, Nanometrics Incorporated ( NANO), down 13.3%, and Data I/O Corporation ( DAIO), down 8.2%.

Marvell Technology Group Ltd. designs, develops, and markets analog, mixed-signal, digital signal processing, and embedded and standalone ARM-based microprocessor integrated circuits. Marvell Technology Group has a market cap of $8.68 billion and is part of the technology sector. The company has a P/E ratio of 15.1, equal to the average electronics industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 8% year to date as of the close of trading on Thursday. Currently there are 18 analysts that rate Marvell Technology Group a buy, one analyst rates it a sell, and six rate it a hold.

TheStreet Ratings rates Marvell Technology Group as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, increase in stock price during the past year and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, Vimicro International Corporation ( VIMC), up 17.5%, A123 Systems ( AONE), up 16.7%, Bel Fuse ( BELFA), up 13.1%, and Bel Fuse ( BELFB), up 11.3%, were all gainers within the electronics industry with Agilent Technologies ( A) 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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