ABB Ltd. (ABB): Today's Featured Electronics Winner

ABB ( ABB) pushed the Electronics industry higher today making it today's featured electronics winner. The industry as a whole closed the day up 1.4%. By the end of trading, ABB rose $0.65 (3.0%) to $22.49 on average volume. Throughout the day, 1,921,104 shares of ABB exchanged hands as compared to its average daily volume of 1,962,700 shares. The stock ranged in a price between $22.19-$22.57 after having opened the day at $22.29 as compared to the previous trading day's close of $21.84. Other companies within the Electronics industry that increased today were: SatCon Technology Corporation ( SATC), up 16.7%, Advanced Micro Devices ( AMD), up 11.8%, Affymetrix ( AFFX), up 10.2% and Amtech Systems ( ASYS), up 9.2%.

ABB Ltd provides power and automation technologies for utility and industrial customers worldwide. ABB has a market cap of $49.8 billion and is part of the technology sector. Shares are up 5.1% year to date as of the close of trading on Wednesday. Currently there are 5 analysts that rate ABB a buy, 1 analyst rates it a sell, and 1 rates it a hold.

TheStreet Ratings rates ABB as a buy. 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, reasonable valuation levels and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, SemiLEDs ( LEDS), down 15.8%, TranSwitch Corporation ( TXCC), down 8.0%, Meade Instruments Corporation ( MEAD), down 6.3% and Neonode ( NEON), down 4.4% , were all laggards within the electronics industry with IPG Photonics Corporation ( IPGP) 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).

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