Trimble Navigation Limited (TRMB): Today's Featured Electronics Laggard

Trimble Navigation ( TRMB) pushed the Electronics industry lower today making it today's featured Electronics laggard. The industry as a whole closed the day up 0.4%. By the end of trading, Trimble Navigation fell $0.49 (-1.8%) to $27.48 on average volume. Throughout the day, 1,778,258 shares of Trimble Navigation exchanged hands as compared to its average daily volume of 1,685,700 shares. The stock ranged in price between $27.29-$28.10 after having opened the day at $27.92 as compared to the previous trading day's close of $27.97. Other companies within the Electronics industry that declined today were: Ascent Solar Technologies ( ASTI), down 7.2%, Data I/O Corporation ( DAIO), down 5.0%, Cepheid ( CPHD), down 4.5% and Luna Innovations ( LUNA), down 4.2%.

Trimble Navigation Limited designs and distributes positioning products and applications enabled by global positioning system (GPS), optical, laser, and wireless communications technology. Trimble Navigation has a market cap of $7.1 billion and is part of the technology sector. Shares are down 7.1% year to date as of the close of trading on Thursday. Currently there are 7 analysts that rate Trimble Navigation a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Trimble Navigation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, largely solid financial position with reasonable debt levels by most measures, notable return on equity and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, Netlist ( NLST), up 18.2%, Spreadtrum Communications ( SPRD), up 12.5%, Revolution Lighting Technologies ( RVLT), up 10.7% and Himax Technologies ( HIMX), up 8.7% , were all gainers within the electronics industry with Applied Materials ( AMAT) 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).

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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