NXP Semiconductor NV (NXPI): Today's Featured Technology 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

NXP Semiconductor ( NXPI) pushed the Technology sector lower today making it today's featured Technology laggard. The sector as a whole closed the day up 1.1%. By the end of trading, NXP Semiconductor fell $0.47 (-1.5%) to $30.10 on light volume. Throughout the day, 1,680,599 shares of NXP Semiconductor exchanged hands as compared to its average daily volume of 3,360,800 shares. The stock ranged in price between $29.72-$30.73 after having opened the day at $30.43 as compared to the previous trading day's close of $30.57. Other companies within the Technology sector that declined today were: GigOptix ( GIG), down 13.8%, Rosetta Stone ( RST), down 12.0%, Elephant Talk Communications ( ETAK), down 11.9% and Interphase ( INPH), down 9.1%.
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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 $7.9 billion and is part of the electronics industry. The company has a P/E ratio of 1048.3, above the S&P 500 P/E ratio of 17.7. Shares are up 19.5% year to date as of the close of trading on Wednesday. Currently there are 8 analysts that rate NXP Semiconductor a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates NXP Semiconductor as a sell. Among the areas we feel are negative, one of the most important has been very high debt management risk by most measures.

On the positive front, Ambient Corporation ( AMBT), down 51.2%, Netlist ( NLST), down 44.2%, Ciena Corporation ( CIEN), down 17.4% and NeoPhotonics ( NPTN), down 15.2% , were all gainers within the technology sector with Baidu ( BIDU) being today's featured technology sector leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the technology sector could consider Technology Select Sector SPDR ( XLK) while those bearish on the technology sector could consider ProShares Ultra Short Technology ( REW).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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