Texas Instruments Inc. (TXN): 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

Texas Instruments ( TXN) pushed the Electronics industry higher today making it today's featured electronics winner. The industry as a whole closed the day up 0.5%. By the end of trading, Texas Instruments rose $0.56 (1.6%) to $34.81 on average volume. Throughout the day, 10,257,532 shares of Texas Instruments exchanged hands as compared to its average daily volume of 9,876,200 shares. The stock ranged in a price between $34.06-$35.60 after having opened the day at $34.31 as compared to the previous trading day's close of $34.25. Other companies within the Electronics industry that increased today were: Power-One ( PWER), up 56.7%, Vimicro International Corporation ( VIMC), up 14.6%, ClearSign Combustion ( CLIR), up 13.2% and Vicon Industries ( VII), up 10.7%.
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Texas Instruments Incorporated engages in the design, manufacture, sale of semiconductors to electronics designers and manufacturers worldwide. The company operates in four segments: Analog, Embedded Processing, Wireless, and Other. Texas Instruments has a market cap of $37.5 billion and is part of the technology sector. The company has a P/E ratio of 22.5, above the S&P 500 P/E ratio of 17.7. Shares are up 9.8% year to date as of the close of trading on Friday.

TheStreet Ratings rates Texas Instruments as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, expanding profit margins, largely solid financial position with reasonable debt levels by most measures, increase in stock price during the past year and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, Affymetrix ( AFFX), down 9.4%, Aetrium Incorporated ( ATRM), down 7.8%, Superconductor Technologies ( SCON), down 6.1% and Pixelworks ( PXLW), down 5.3%.

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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