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 down 1.7%. By the end of trading, Xilinx rose 50 cents (1.5%) to $33.68 on heavy volume. Throughout the day, 4.5 million shares of Xilinx exchanged hands as compared to its average daily volume of 2.5 million shares. The stock ranged in a price between $33.56-$34.29 after having opened the day at $33.77 as compared to the previous trading day's close of $33.18. Other companies within the Electronics industry that increased today were: Superconductor Technologies ( SCON), up 7.6%, LightPath Technologies ( LPTH), up 7.1%, Sypris Solutions ( SYPR), up 5.9%, and BTU International ( BTUI), up 5.8%.
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Xilinx, Inc. designs, develops, and markets programmable platforms worldwide. Xilinx has a market cap of $8.75 billion and is part of the technology sector. The company has a P/E ratio of 18.1, 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 Tuesday. Currently there are eight analysts that rate Xilinx a buy, no analysts rate it a sell, and 11 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, largely solid financial position with reasonable debt levels by most measures, notable return on equity and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share.

On the negative front, Netlist ( NLST), down 24.9%, Trina Solar ( TSL), down 19.1%, Advanced Photonix ( API), down 16.4%, and Oclaro ( OCLR), down 11.2%, were all laggards within the electronics industry with Analog Devices ( ADI) 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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