Marvell Technology Group Ltd. (MRVL): 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.

Marvell Technology Group ( MRVL) pushed the Electronics industry higher today making it today's featured electronics winner. The industry as a whole closed the day up 0.8%. By the end of trading, Marvell Technology Group rose 32 cents (3.1%) to $10.69 on average volume. Throughout the day, 10.5 million shares of Marvell Technology Group exchanged hands as compared to its average daily volume of 11.7 million shares. The stock ranged in a price between $10.36-$10.80 after having opened the day at $10.40 as compared to the previous trading day's close of $10.37. Other companies within the Electronics industry that increased today were: SemiLEDs ( LEDS), up 13.9%, Ambarella ( AMBA), up 13.4%, Enphase Energy ( ENPH), up 10.1%, and MoSys ( MOSY), up 9.7%.
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Marvell Technology Group Ltd. designs, develops, and markets analog, mixed-signal, digital signal processing, and embedded and standalone ARM-based microprocessor integrated circuits. Marvell Technology Group has a market cap of $5.6 billion and is part of the technology sector. The company has a P/E ratio of 12.2, below the S&P 500 P/E ratio of 17.7. Shares are up 44.1% year to date as of the close of trading on Thursday. Currently there are seven analysts that rate Marvell Technology Group a buy, two analysts rate it a sell, and 15 rate it a hold.

TheStreet Ratings rates Marvell Technology Group as a hold. 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 and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and a generally disappointing performance in the stock itself.

On the negative front, Maxwell Technologies ( MXWL), down 11.1%, Pulse Electronics ( PULS), down 10.4%, Spire Corporation ( SPIR), down 7.1%, and Meade Instruments Corporation ( MEAD), down 6.3%, were all laggards within the electronics industry with Cymer ( CYMI) 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).

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