Intersil Corporation (ISIL): Today's Featured Technology Winner

Intersil Corporation ( ISIL) pushed the Technology sector higher today making it today's featured technology winner. The sector as a whole closed the day down 1.8%. By the end of trading, Intersil Corporation rose 10 cents (0.9%) to $10.65 on average volume. Throughout the day, 1.5 million shares of Intersil Corporation exchanged hands as compared to its average daily volume of 1.7 million shares. The stock ranged in a price between $10.42-$10.69 after having opened the day at $10.56 as compared to the previous trading day's close of $10.55. Other companies within the Technology sector that increased today were: Friendfinder Networks ( FFN), up 48.7%, Pansoft Company ( PSOF), up 23.6%, Enova Systems ( ENA), up 18.7%, and Kingtone Wirelessinfo Solution ( KONE), up 17.5%.

Intersil Corporation designs, develops, manufactures, and markets analog and mixed-signal integrated circuits for applications in the industrial, computing, consumer, and communications electronics markets. Intersil Corporation has a market cap of $1.35 billion and is part of the electronics industry. The company has a P/E ratio of 27.2, equal to the average electronics industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are up 1.1% year to date as of the close of trading on Wednesday. Currently there are four analysts that rate Intersil Corporation a buy, no analysts rate it a sell, and 16 rate it a hold.

TheStreet Ratings rates Intersil Corporation as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, expanding profit margins and notable return on equity. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, unimpressive growth in net income and weak operating cash flow.

On the negative front, Globalstar Incorporated ( GSAT), down 35.6%, MEMC Electronic Materials ( WFR), down 22.1%, Alvarion ( ALVR), down 20.7%, and GT Advanced Technologies ( GTAT), down 15.6%, were all losers within the technology sector with Texas Instruments ( TXN) being today's technology sector loser.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the technology sector could consider Technology Select Sector SPDR ( XLK) while those bearish on the technology sector could consider ProShares Ultra Short Technology ( REW).
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