1. As of noon trading, Mellanox Technologies ( MLNX) is up $3.13 (5.8%) to $57.60 on average volume Thus far, 733,487 shares of Mellanox Technologies exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $55.67-$58.78 after having opened the day at $55.70 as compared to the previous trading day's close of $54.47.

Mellanox Technologies, Ltd., a fabless semiconductor company, produces and supplies semiconductor interconnect products for computing, storage, and communications applications in the high-performance computing, Web 2.0, storage, financial services, database, cloud, and embedded markets. Mellanox Technologies has a market cap of $2.4 billion and is part of the technology sector. The company has a P/E ratio of 21.9, above the S&P 500 P/E ratio of 17.7. Shares are down 8.3% year to date as of the close of trading on Monday. Currently there are 5 analysts that rate Mellanox Technologies a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Mellanox Technologies as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, solid stock price performance and compelling growth in net income. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Mellanox Technologies Ratings Report now.

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A reminder about TheStreet Ratings group: 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.
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