Skyworks Solutions Inc. (SWKS): Today's Featured Electronics Winner

Skyworks Solutions ( SWKS) pushed the Electronics industry higher today making it today's featured electronics winner. The industry as a whole closed the day down 1.1%. By the end of trading, Skyworks Solutions rose 16 cents (0.6%) to $26.65 on light volume. Throughout the day, 3.5 million shares of Skyworks Solutions exchanged hands as compared to its average daily volume of 4.6 million shares. The stock ranged in a price between $25.94-$26.94 after having opened the day at $26.36 as compared to the previous trading day's close of $26.49. Other companies within the Electronics industry that increased today were: SL Industries ( SLI), up 8.3%, Daqo New Energy ( DQ), up 7.1%, New Energy Systems Group ( NEWN), up 6.8%, and Memsic ( MEMS), up 5.3%.

Skyworks Solutions, Inc., together with its subsidiaries, offers analog and mixed signal semiconductors worldwide. The company provides power amplifiers and front-end solutions for cellular handsets from entry level to multimedia platforms, as well as smart phones. Skyworks Solutions has a market cap of $5.23 billion and is part of the technology sector. The company has a P/E ratio of 25.3, equal to the average electronics industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are up 70.2% year to date as of the close of trading on Friday. Currently there are 15 analysts that rate Skyworks Solutions a buy, no analysts rate it a sell, and three rate it a hold.

TheStreet Ratings rates Skyworks Solutions 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, good cash flow from operations, 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 negative front, Wi-Lan ( WILN), down 13.6%, Enova Systems ( ENA), down 12.3%, A123 Systems ( AONE), down 11.2%, and Winland Electronics ( WEX), down 10.7%, were all losers within the electronics industry with Broadcom Corporation ( BRCM) being today's electronics industry loser.

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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