4. As of noon trading, Xilinx ( XLNX) is up $0.44 (1.10) to $40.40 on average volume Thus far, 1.5 million shares of Xilinx exchanged hands as compared to its average daily volume of 3.1 million shares. The stock has ranged in price between $39.64-$40.46 after having opened the day at $39.75 as compared to the previous trading day's close of $39.96.

Xilinx, Inc. designs, develops, and markets programmable platforms worldwide. Xilinx has a market cap of $10.3 billion and is part of the technology sector. The company has a P/E ratio of 22.0, above the S&P 500 P/E ratio of 17.7. Shares are up 9.9% year to date as of the close of trading on Tuesday. Currently there are 9 analysts that rate Xilinx a buy, no analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates Xilinx as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, increase in net income, growth in earnings per share, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Xilinx Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

If you liked this article you might like

S&P 500 and Dow Score Records With Wall Street Upbeat Ahead of Fed

Nvidia Inspires Chipmaker Gains but Rest of Tech Gets Left Behind

S&P 500 and Dow on Track for Records With Markets in Good Mood Ahead of Fed

These Are the 27 Companies You Must Watch Ahead of Apple's Big Launch Event

Stunningly Out of Kilter; FANG May Rise -- Jim Cramer's Top Thoughts