Xilinx Inc (XLNX): Today's Featured Electronics Winner

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

Xilinx ( XLNX) pushed the Electronics industry higher today making it today's featured electronics winner. The industry as a whole closed the day up 0.2%. By the end of trading, Xilinx rose 36 cents (1.1%) to $33.90 on light volume. Throughout the day, 2.1 million shares of Xilinx exchanged hands as compared to its average daily volume of 3.4 million shares. The stock ranged in a price between $33.53-$33.98 after having opened the day at $33.71 as compared to the previous trading day's close of $33.54. Other companies within the Electronics industry that increased today were: Sevcon ( SEV), up 14.3%, Quicklogic Corporation ( QUIK), up 10.1%, Giga-tronics ( GIGA), up 8.8%, and Nexxus Lighting ( NEXS), up 7.5%.

Xilinx, Inc. designs, develops, and markets programmable platforms worldwide. Xilinx has a market cap of $8.84 billion and is part of the technology sector. The company has a P/E ratio of 18.2, equal to the average electronics industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are up 4.6% year to date as of the close of trading on Thursday. Currently there are seven analysts that rate Xilinx a buy, no analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates Xilinx as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins, increase in stock price during the past year, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share.

On the negative front, ReneSola ( SOL), down 15.6%, Lime Energy ( LIME), down 8%, Sutron Corporation ( STRN), down 7.9%, and Netlist ( NLST), down 7.1%, were all laggards within the electronics industry with Trimble Navigation ( TRMB) 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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