Intel Corp (INTC): Today's Featured Electronics Laggard

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

Intel ( INTC) pushed the Electronics industry lower today making it today's featured Electronics laggard. The industry as a whole closed the day up 0.6%. By the end of trading, Intel fell $0.24 (-1.0%) to $23.84 on average volume. Throughout the day, 36,137,592 shares of Intel exchanged hands as compared to its average daily volume of 43,784,100 shares. The stock ranged in price between $23.78-$24.17 after having opened the day at $24.08 as compared to the previous trading day's close of $24.08. Other companies within the Electronics industry that declined today were: SolarCity ( SCTY), down 12.4%, MoSys ( MOSY), down 10.4%, SMTC Corporation ( SMTX), down 9.1% and Trina Solar ( TSL), down 8.8%.
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Intel Corporation designs, manufactures, and sells integrated digital technology platforms worldwide. The company operates through PC Client Group, Data Center Group, Other Intel Architecture, Software and Services, and All Other segments. Intel has a market cap of $121.8 billion and is part of the technology sector. The company has a P/E ratio of 12.2, below the S&P 500 P/E ratio of 17.7. Shares are up 18.8% year to date as of the close of trading on Monday. Currently there are 11 analysts that rate Intel a buy, 4 analysts rate it a sell, and 22 rate it a hold.

TheStreet Ratings rates Intel as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, good cash flow from operations, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share.

On the positive front, Revolution Lighting Technologies ( RVLT), down 15.6%, GigOptix ( GIG), down 12.3%, Netlist ( NLST), down 11.7% and MaxLinear ( MXL), down 9.7% , were all gainers within the electronics industry with Eaton Corporation ( ETN) being today's featured electronics industry leader.

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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