Marvell Technology Group Ltd. (MRVL): Today's Featured Electronics Winner

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.

Marvell Technology Group ( MRVL) pushed the Electronics industry higher today making it today's featured electronics winner. The industry as a whole closed the day down 1.0%. By the end of trading, Marvell Technology Group rose $0.15 (1.1%) to $13.15 on light volume. Throughout the day, 3,623,966 shares of Marvell Technology Group exchanged hands as compared to its average daily volume of 6,233,800 shares. The stock ranged in a price between $12.96-$13.22 after having opened the day at $13.02 as compared to the previous trading day's close of $13.00. Other companies within the Electronics industry that increased today were: Orion Energy Systems ( OESX), up 9.8%, Sevcon ( SEV), up 9.4%, Bel Fuse ( BELFA), up 8.1% and Jinpan International ( JST), up 5.8%.

Marvell Technology Group Ltd. designs, develops, and markets analog, mixed-signal, digital signal processing, and embedded and standalone ARM-based microprocessor integrated circuits. Marvell Technology Group has a market cap of $6.4 billion and is part of the technology sector. Shares are up 79.0% year to date as of the close of trading on Friday. Currently there are 9 analysts that rate Marvell Technology Group a buy, 3 analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates Marvell Technology Group as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, expanding profit margins and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow.

On the negative front, TranSwitch Corporation ( TXCC), down 29.1%, On Track Innovations ( OTIV), down 11.8%, China Sunergy ( CSUN), down 9.0% and Hanwha SolarOne ( HSOL), down 8.4% , were all laggards within the electronics industry with Corning ( GLW) 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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