SanDisk Corp (SNDK): Today's Featured Electronics Loser

SanDisk ( SNDK) pushed the Electronics industry lower today making it today's featured Electronics loser. The industry as a whole closed the day down 0.7%. By the end of trading, SanDisk fell 58 cents (-1.5%) to $37 on light volume. Throughout the day, 4.2 million shares of SanDisk exchanged hands as compared to its average daily volume of 6.2 million shares. The stock ranged in price between $36.90-$37.58 after having opened the day at $37.58 as compared to the previous trading day's close of $37.58. Other company's within the Electronics industry that declined today were: Vimicro International Corporation ( VIMC), down 13.5%, Nam Tai Electronics ( NTE), down 11.6%, Aetrium Incorporated ( ATRM), down 10%, and LightPath Technologies ( LPTH), down 9.9%.

Sandisk Corporation designs, develops, and manufactures NAND flash memory storage solutions that are used in various consumer electronics products. SanDisk has a market cap of $9.07 billion and is part of the technology sector. Currently there are 13 analysts that rate SanDisk a buy, one analyst rates it a sell, and six rate it a hold.

TheStreet Ratings rates SanDisk 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 and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share.

On the positive front, ClearSign Combustion ( CLIR), up 13.1%, Orion Energy Systems ( OESX), up 9.9%, Enphase Energy ( ENPH), up 7.8%, and LDK Solar Company ( LDK), up 7.4%, were all gainers within the electronics industry with LSI Corporation ( LSI) 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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