Texas Instruments Inc. (TXN): Today's Featured Electronics Winner

Jul 23, 2013 5:00 PM EDT

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Texas Instruments ( TXN) pushed the Electronics industry higher today making it today's featured electronics winner. The industry as a whole closed the day up 0.1%. By the end of trading, Texas Instruments rose $1.51 (4.0%) to $38.93 on heavy volume. Throughout the day, 21,604,978 shares of Texas Instruments exchanged hands as compared to its average daily volume of 8,193,700 shares. The stock ranged in a price between $38.58-$39.74 after having opened the day at $38.65 as compared to the previous trading day's close of $37.42. Other companies within the Electronics industry that increased today were: Superconductor Technologies ( SCON), up 22.5%, Orion Energy Systems ( OESX), up 9.9%, Ultra Clean Holdings ( UCTT), up 8.5% and Neonode ( NEON), up 8.0%.

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Texas Instruments Incorporated engages in the design, manufacture, sale of semiconductors to electronics designers and manufacturers worldwide. The company operates in four segments: Analog, Embedded Processing, Wireless, and Other. Texas Instruments has a market cap of $41.3 billion and is part of the technology sector. Shares are up 20.6% year to date as of the close of trading on Monday. Currently there are 9 analysts that rate Texas Instruments a buy, 5 analysts rate it a sell, and 19 rate it a hold.

TheStreet Ratings rates Texas Instruments as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income, notable return on equity, largely solid financial position with reasonable debt levels by most measures and growth in earnings per share. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

You can view the full Texas Instruments Ratings Report.

On the negative front, STMicroelectronics ( STM), down 9.9%, Aetrium Incorporated ( ATRM), down 8.0%, AMSC ( AMSC), down 7.3% and Advanced Micro Devices ( AMD), down 6.2% , were all laggards within the electronics industry with Micron Technology ( MU) being today's electronics industry laggard.

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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).