NXP Semiconductor NV (NXPI): Today's Featured Technology Laggard

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.

NXP Semiconductor ( NXPI) pushed the Technology sector lower today making it today's featured Technology laggard. The sector as a whole closed the day up 0.3%. By the end of trading, NXP Semiconductor fell 69 cents (-2.8%) to $23.82 on heavy volume. Throughout the day, 3.7 million shares of NXP Semiconductor exchanged hands as compared to its average daily volume of 1.6 million shares. The stock ranged in price between $23.16-$25.30 after having opened the day at $24.40 as compared to the previous trading day's close of $24.51. Other companies within the Technology sector that declined today were: Tangoe ( TNGO), down 16.9%, Eltek ( ELTK), down 13.9%, Deltathree ( DDDC), down 13.4%, and Helios & Matheson Information Technology In ( HMNY), down 10.7%.

NXP Semiconductors N.V., through its subsidiary, NXP B.V., provides mixed signal solutions and standard products worldwide. NXP Semiconductor has a market cap of $5.89 billion and is part of the electronics industry. Shares are up 59.5% year to date as of the close of trading on Monday. Currently there are four analysts that rate NXP Semiconductor a buy, no analysts rate it a sell, and three rate it a hold.

TheStreet Ratings rates NXP Semiconductor as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, generally high debt management risk and feeble growth in its earnings per share.

On the positive front, Lexmark International ( LXK), up 13.7%, Dynasil Corporation of America ( DYSL), up 13.5%, Interphase ( INPH), up 13.3%, and RIT Technologies ( RITT), up 13.2%, were all gainers within the technology sector with TIBCO Software ( TIBX) being today's featured technology sector leader.

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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