- 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.
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. NEW YORK ( TheStreet) -- Maxim Integrated Products (Nasdaq: MXIM) hit a new 52-week high Friday as it is currently trading at $31.51, above its previous 52-week high of $31.41 with 903,187 shares traded as of 10:40 a.m. ET. Average volume has been 2.5 million shares over the past 30 days. Maxim Integrated has a market cap of $9.02 billion and is part of the technology sector and electronics industry. Shares are up 5.3% year to date as of the close of trading on Thursday. Maxim Integrated Products, Inc. engages in designing, developing, manufacturing, and marketing various linear and mixed-signal integrated circuits worldwide. The company also provides various high-frequency process technologies and capabilities for use in custom designs. The company has a P/E ratio of 26.5, above the S&P 500 P/E ratio of 17.7.