Intel Corp (INTC): 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.

Intel ( INTC) pushed the Electronics industry higher today making it today's featured electronics winner. The industry as a whole closed the day up 1%. By the end of trading, Intel rose 37 cents (1.8%) to $20.94 on light volume. Throughout the day, 35.6 million shares of Intel exchanged hands as compared to its average daily volume of 51.1 million shares. The stock ranged in a price between $20.57-$20.99 after having opened the day at $20.68 as compared to the previous trading day's close of $20.57. Other companies within the Electronics industry that increased today were: Renewable Energy Trade Board ( EBOD), up 14.7%, Maxwell Technologies ( MXWL), up 12.4%, TranSwitch Corporation ( TXCC), up 11.7%, and Axcelis Technologies ( ACLS), up 10.9%.
  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

Intel Corporation designs, manufactures, and sells integrated digital technology platforms primarily in the Asia-Pacific, the Americas, Europe, and Japan. Intel has a market cap of $102.14 billion and is part of the technology sector. The company has a P/E ratio of nine, below the S&P 500 P/E ratio of 17.7. Shares are down 15.4% year to date as of the close of trading on Monday. Currently there are 11 analysts that rate Intel a buy, four analysts rate it a sell, and 22 rate it a hold.

TheStreet Ratings rates Intel as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, 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 negative front, Spire Corporation ( SPIR), down 13.2%, GT Advanced Technologies ( GTAT), down 12.1%, Ascent Solar Technologies ( ASTI), down 9%, and Pulse Electronics ( PULS), down 6.9%, were all laggards within the electronics industry with Mellanox Technologies ( MLNX) 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).

HOLIDAY SPECIAL: Let Jim Cramer show you every trade he is making in his $2.5 Million portfolio. Join now for 14-days FREE. Sign up today to get e-mail alerts before every trade.
null

If you liked this article you might like

Google's Waymo Teams With Intel on Self Driving Technology

Buying Nvidia Now Is Like Getting Intel Way Back in 1993, Jim Cramer Says

Amazon, Google and Other U.S. Tech Giants Face a Battle Over Taxes With Europe

S&P 500 and Dow on Track for Records With Markets in Good Mood Ahead of Fed

Cramer: Nvidia Is More Than Just a Pet Name