Skyworks Solutions Inc. (SWKS): 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.

Skyworks Solutions ( SWKS) pushed the Electronics industry higher today making it today's featured electronics winner. The industry as a whole closed the day up 0.2%. By the end of trading, Skyworks Solutions rose $1.08 (5.2%) to $21.84 on average volume. Throughout the day, 5.2 million shares of Skyworks Solutions exchanged hands as compared to its average daily volume of 4.5 million shares. The stock ranged in a price between $20.80-$22.31 after having opened the day at $21.09 as compared to the previous trading day's close of $20.76. Other companies within the Electronics industry that increased today were: SemiLEDs ( LEDS), up 24.2%, Cree ( CREE), up 22.1%, Orion Energy Systems ( OESX), up 21.2%, and Daqo New Energy ( DQ), up 15.6%.
  • 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.

Skyworks Solutions, Inc., together with its subsidiaries, offers analog and mixed signal semiconductors worldwide. Skyworks Solutions has a market cap of $4.06 billion and is part of the technology sector. The company has a P/E ratio of 20.6, above the S&P 500 P/E ratio of 17.7. Shares are up 2.9% year to date as of the close of trading on Tuesday. Currently there are 15 analysts that rate Skyworks Solutions a buy, no analysts rate it a sell, and five rate it a hold.

TheStreet Ratings rates Skyworks Solutions as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, solid stock price performance and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

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).

It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE.
null

If you liked this article you might like

Watch Out For the Dominoes That Fall: Cramer's 'Mad Money' Recap (Wed 9/20/17)

Cramer: Dominoes Are in Play Today

Does Skyworks Have a Breakout Solution?

Semiconductors Poised to Benefit From New Apple iPhones

Bumpy Ride for Tech Stocks After Apple Unveils iPhone 8, iPhone X