Avago Technologies Ltd (AVGO): Today's Featured Electronics Winner

Avago Technologies ( AVGO) pushed the Electronics industry higher today making it today's featured electronics winner. The industry as a whole closed the day up 0.4%. By the end of trading, Avago Technologies rose 93 cents (2.6%) to $36.90 on average volume. Throughout the day, 2.3 million shares of Avago Technologies exchanged hands as compared to its average daily volume of 2.2 million shares. The stock ranged in a price between $36.22-$37.64 after having opened the day at $36.24 as compared to the previous trading day's close of $35.97. Other companies within the Electronics industry that increased today were: Cirrus Logic ( CRUS), up 23.2%, Rudolph Technologies ( RTEC), up 18.6%, Superconductor Technologies ( SCON), up 14.5%, and Vishay Intertechnology ( VSH), up 12.7%.

Avago Technologies Limited engages in the design, development, and supply of analog semiconductor devices with a focus on III-V based products. Avago Technologies has a market cap of $8.84 billion and is part of the technology sector. The company has a P/E ratio of 16.3, above the average electronics industry P/E ratio of 16.2 and below the S&P 500 P/E ratio of 17.7. Shares are up 24.6% year to date as of the close of trading on Monday. Currently there are nine analysts that rate Avago Technologies a buy, no analysts rate it a sell, and two rate it a hold.

TheStreet Ratings rates Avago Technologies 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, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the negative front, Anadigics ( ANAD), down 19.1%, Suntech Power Holdings ( STP), down 15.7%, Yingli Green Energy Holding Company ( YGE), down 12.6%, and PMC-Sierra ( PMCS), down 11%, were all laggards within the electronics industry with TE Connectivity ( TEL) being today's electronics industry laggard.

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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