Texas Instruments Inc. (TXN): 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.

Texas Instruments ( TXN) 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, Texas Instruments fell 37 cents (-1.1%) to $31.55 on average volume. Throughout the day, 6.8 million shares of Texas Instruments exchanged hands as compared to its average daily volume of 8.8 million shares. The stock ranged in price between $31.39-$32 after having opened the day at $31.75 as compared to the previous trading day's close of $31.92. Other companies within the Electronics industry that declined today were: Uni-pixel ( UNXL), down 12%, Cypress Semiconductor Corporation ( CY), down 8.4%, Revolution Lighting Technologies ( RVLT), down 7.9%, and SolarCity ( SCTY), down 7.8%.
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Texas Instruments Incorporated engages in the design and sale of semiconductors to electronics designers and manufacturers worldwide. Texas Instruments has a market cap of $35.67 billion and is part of the technology sector. The company has a P/E ratio of 20.8, above the S&P 500 P/E ratio of 17.7. Shares are up 3% year to date as of the close of trading on Monday. Currently there are 10 analysts that rate Texas Instruments a buy, six analysts rate it a sell, and 18 rate it a hold.

TheStreet Ratings rates Texas Instruments as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, expanding profit margins, good cash flow from operations, increase in stock price during the past year and largely solid financial position with reasonable debt levels by most measures. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

On the positive front, Suntech Power Holdings ( STP), up 12.2%, Actions Semiconductor ( ACTS), up 11.1%, Oclaro ( OCLR), up 10.5%, and Trina Solar ( TSL), up 10.4%, were all gainers within the electronics industry with Marvell Technology Group ( MRVL) 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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