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 down 2.3%. By the end of trading, Marvell Technology Group rose $0.14 (1.3%) to $10.90 on average volume. Throughout the day, 10,611,016 shares of Marvell Technology Group exchanged hands as compared to its average daily volume of 7,794,400 shares. The stock ranged in a price between $10.72-$10.99 after having opened the day at $10.75 as compared to the previous trading day's close of $10.76. Other companies within the Electronics industry that increased today were: Mindspeed Technologies ( MSPD), up 17.5%, Advanced Micro Devices ( AMD), up 14.2%, Nortech Systems Incorporated ( NSYS), up 9.7% and Superconductor Technologies ( SCON), up 7.6%.
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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 $5.3 billion and is part of the technology sector. The company has a P/E ratio of 19.7, above the S&P 500 P/E ratio of 17.7. Shares are up 46.5% year to date as of the close of trading on Tuesday. Currently there are 7 analysts that rate Marvell Technology Group a buy, 2 analysts rate it a sell, and 14 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, SemiLEDs ( LEDS), down 20.8%, Faro Technologies ( FARO), down 14.8%, Entropic Communications ( ENTR), down 12.3% and Ixia ( XXIA), down 11.9% , were all laggards within the electronics industry with Micron Technology ( MU) 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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