Intel Corp (INTC): 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.

Intel ( INTC) pushed the Electronics industry lower today making it today's featured Electronics laggard. The industry as a whole closed the day down 0.6%. By the end of trading, Intel fell 28 cents (-1.4%) to $20.23 on light volume. Throughout the day, 25.5 million shares of Intel exchanged hands as compared to its average daily volume of 50.5 million shares. The stock ranged in price between $20.21-$20.49 after having opened the day at $20.35 as compared to the previous trading day's close of $20.51. Other companies within the Electronics industry that declined today were: Spire Corporation ( SPIR), down 10.2%, Aehr Test Systems ( AEHR), down 9.1%, New Energy Systems Group ( NEWN), down 8.6%, and SemiLEDs ( LEDS), down 8.4%.
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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 $102.75 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 Thursday. Currently there are 10 analysts that rate Intel a buy, four analysts rate it a sell, and 23 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 positive front, Viasystems Group ( VIAS), up 12.4%, LDK Solar Company ( LDK), up 10.7%, inTest Corporation ( INTT), up 9.1%, and Aetrium Incorporated ( ATRM), up 9.1%, were all gainers within the electronics industry with Mellanox Technologies ( MLNX) 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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