Nationstar Mortgage Holdings Inc (NSM): Today's Featured Electronics 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.

Nationstar Mortgage Holdings ( NSM) pushed the Electronics industry lower today making it today's featured Electronics laggard. The industry as a whole closed the day up 1.7%. By the end of trading, Nationstar Mortgage Holdings fell 28 cents (-1%) to $27.58 on light volume. Throughout the day, 238,993 shares of Nationstar Mortgage Holdings exchanged hands as compared to its average daily volume of 1.7 million shares. The stock ranged in price between $26.88-$28.01 after having opened the day at $27.94 as compared to the previous trading day's close of $27.86. Other companies within the Electronics industry that declined today were: Revolution Lighting Technologies ( RVLT), down 7.7%, Nexxus Lighting ( NEXS), down 7.7%, Nortech Systems Incorporated ( NSYS), down 6.2%, and Enphase Energy ( ENPH), down 5.5%.
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National Semiconductor Corporation, a semiconductor company, designs, develops, manufactures, and markets analog and mixed-signal integrated circuits and sub-systems. Nationstar Mortgage Holdings has a market cap of $2.52 billion and is part of the financial sector. The company has a P/E ratio of 20.8, above the S&P 500 P/E ratio of 17.7. Shares are unchanged year to date as of the close of trading on Wednesday. Currently there are four analysts that rate Nationstar Mortgage Holdings a buy, no analysts rate it a sell, and two rate it a hold.

TheStreet Ratings rates Nationstar Mortgage Holdings as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, Mattson Technology ( MTSN), up 11%, Spire Corporation ( SPIR), up 10.2%, Siliconware Precision Industries ( SPIL), up 9.3%, and Eltek ( ELTK), up 9%, were all gainers within the electronics industry with Texas Instruments ( TXN) being today's featured electronics industry leader.

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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Strong On High Volume: Nationstar Mortgage Holdings (NSM)