RF Micro Devices Inc. (RFMD): 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.

RF Micro Devices ( RFMD) pushed the Electronics industry higher today making it today's featured electronics winner. The industry as a whole closed the day down 1%. By the end of trading, RF Micro Devices rose 16 cents (3.3%) to $4.98 on heavy volume. Throughout the day, 9.4 million shares of RF Micro Devices exchanged hands as compared to its average daily volume of six million shares. The stock ranged in a price between $4.86-$5.09 after having opened the day at $4.93 as compared to the previous trading day's close of $4.82. Other companies within the Electronics industry that increased today were: LDK Solar Company ( LDK), up 13.6%, Electro-Sensors ( ELSE), up 9.1%, Mattson Technology ( MTSN), up 9%, and Daqo New Energy ( DQ), up 8.7%.
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RF Micro Devices, Inc. designs, develops, manufactures, and markets radio frequency (RF) components and compound semiconductor technologies primarily in the United States and Asia. RF Micro Devices has a market cap of $1.36 billion and is part of the technology sector. Shares are up 7.6% year to date as of the close of trading on Thursday. Currently there are nine analysts that rate RF Micro Devices a buy, two analysts rate it a sell, and six rate it a hold.

TheStreet Ratings rates RF Micro Devices 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 increase in net income. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and weak operating cash flow.

On the negative front, Pulse Electronics ( PULS), down 28.1%, Hanwha SolarOne ( HSOL), down 17.8%, SemiLEDs ( LEDS), down 15.1%, and China Sunergy ( CSUN), down 12.4%, were all laggards within the electronics industry with Intel ( INTC) 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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