Intel Corp (INTC): Today's Featured Electronics Loser

Intel ( INTC) pushed the Electronics industry lower today making it today's featured Electronics loser. The industry as a whole closed the day down 0.6%. By the end of trading, Intel fell 18 cents (-0.7%) to $27.19 on average volume. Throughout the day, 40.1 million shares of Intel exchanged hands as compared to its average daily volume of 36.5 million shares. The stock ranged in price between $26.75-$27.35 after having opened the day at $27.08 as compared to the previous trading day's close of $27.37. Other company's within the Electronics industry that declined today were: Memsic ( MEMS), down 39.9%, Aehr Test Systems ( AEHR), down 11.8%, ClearSign Combustion ( CLIR), down 11.5%, and TranSwitch Corporation ( TXCC), down 9.8%.

Intel Corporation designs, manufactures, and sells integrated digital technology platforms primarily in the Asia-Pacific, the Americas, Europe, and Japan. Intel has a market cap of $139.66 billion and is part of the technology sector. The company has a P/E ratio of 11.8, equal to the average electronics industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 12.9% year to date as of the close of trading on Tuesday. Currently there are 18 analysts that rate Intel a buy, one analyst rates it a sell, and 19 rate it a hold.

TheStreet Ratings rates Intel as a buy. 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, notable return on equity, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, Pulse Electronics ( PULS), up 13.8%, EZChip Semiconductor ( EZCH), up 12.3%, GSI Group ( GSIG), up 9.4%, and Silicon Motion Technology Corporation ( SIMO), up 8.3%, were all gainers within the electronics industry with SanDisk ( SNDK) 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).
null

If you liked this article you might like

Hewlett Packard Enterprise Becomes the Latest Tech Titan to Slash Jobs

7 Essential Rules for Investing in Tech Stocks

Your Guide to Making a Lot of Money on the Driverless Car Boom

Buying Nvidia Now Is Like Getting Intel Way Back in 1993, Jim Cramer Says

Google's Waymo Teams With Intel on Self Driving Technology