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 0.7%. By the end of trading, Texas Instruments rose $0.44 (1.1%) to $38.64 on light volume. Throughout the day, 4,394,987 shares of Texas Instruments exchanged hands as compared to its average daily volume of 7,225,400 shares. The stock ranged in a price between $38.48-$39.09 after having opened the day at $38.62 as compared to the previous trading day's close of $38.20. Other companies within the Electronics industry that increased today were: Hanwha SolarOne ( HSOL), up 15.9%, ReneSola ( SOL), up 14.9%, China Sunergy ( CSUN), up 12.7% and Yingli Green Energy Holding Company ( YGE), up 9.1%.
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 $42.3 billion and is part of the technology sector. Currently there are 9 analysts that rate Texas Instruments a buy, 4 analysts rate it a sell, and 20 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, compelling growth in net income, notable return on equity, expanding profit margins 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.