NVIDIA Corporation (NVDA): Today's Featured Electronics Laggard

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.

NVIDIA Corporation ( NVDA) pushed the Electronics industry lower today making it today's featured Electronics laggard. The industry as a whole was unchanged today. By the end of trading, NVIDIA Corporation fell $0.21 (-1.4%) to $14.49 on heavy volume. Throughout the day, 22,651,243 shares of NVIDIA Corporation exchanged hands as compared to its average daily volume of 8,424,300 shares. The stock ranged in price between $14.11-$14.71 after having opened the day at $14.12 as compared to the previous trading day's close of $14.70. Other companies within the Electronics industry that declined today were: NeoPhotonics ( NPTN), down 14.9%, Ascent Solar Technologies ( ASTI), down 11.5%, ClearSign Combustion ( CLIR), down 8.7% and Revolution Lighting Technologies ( RVLT), down 7.1%.

NVIDIA Corporation, a visual computing company, develops graphics chips for use in personal computers (PC), mobile devices, and supercomputers. The company operates through two segments, GPU and Tegra Processors. NVIDIA Corporation has a market cap of $8.4 billion and is part of the technology sector. Shares are up 19.9% year to date as of the close of trading on Thursday. Currently there are 6 analysts that rate NVIDIA Corporation a buy, 2 analysts rate it a sell, and 18 rate it a hold.

TheStreet Ratings rates NVIDIA Corporation 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, increase in net income, reasonable valuation levels and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

On the positive front, CSR ( CSRE), up 181.6%, Hanwha SolarOne ( HSOL), up 6.0%, Vicon Industries ( VII), up 5.8% and BTU International ( BTUI), up 5.4% , were all gainers within the electronics industry with First Solar ( FSLR) 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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