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.
NXP Semiconductor (
NXPI) pushed the Electronics industry higher today making it today's featured electronics winner. The industry as a whole closed the day down 0.6%. By the end of trading, NXP Semiconductor rose 35 cents (1.2%) to $28.55 on average volume. Throughout the day, four million shares of NXP Semiconductor exchanged hands as compared to its average daily volume of 2.7 million shares. The stock ranged in a price between $27.20-$28.61 after having opened the day at $27.69 as compared to the previous trading day's close of $28.20. Other companies within the Electronics industry that increased today were:
Wells-Gardner Electronic (
WGA), up 10.7%,
Ascent Solar Technologies (
ASTI), up 7.3%,
Spire Corporation (
SPIR), up 6.6%, and
Rambus (
RMBS), up 6.5%.
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NXP Semiconductors N.V. provides mixed signal and standard product solutions for radio frequency (RF), analog, power management, interface, security, and digital processing products worldwide. It provides integrated circuits (ICs) and discrete semiconductors. NXP Semiconductor has a market cap of $6.92 billion and is part of the technology sector. Shares are up 7.1% year to date as of the close of trading on Thursday. Currently there are seven analysts that rate NXP Semiconductor a buy, no analysts rate it a sell, and two rate it a hold.
TheStreet Ratings rates NXP Semiconductor as a
sell. The company's weaknesses can be seen in multiple areas, such as its generally high debt management risk and disappointing return on equity.
On the negative front,
Daqo New Energy (
DQ), down 10.3%,
Daystar Technologies (
DSTI), down 8.1%,
Revolution Lighting Technologies (
RVLT), down 7.3%, and
Transcat (
TRNS), down 6.8%, were all laggards within the electronics industry with
Altera (
ALTR) 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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