Maxim Integrated Products Inc. (MXIM): 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.

Maxim Integrated Products ( MXIM) pushed the Electronics industry lower today making it today's featured Electronics laggard. The industry as a whole closed the day down 0.1%. By the end of trading, Maxim Integrated Products fell $0.37 (-1.3%) to $28.21 on light volume. Throughout the day, 2,054,801 shares of Maxim Integrated Products exchanged hands as compared to its average daily volume of 3,076,400 shares. The stock ranged in price between $28.12-$28.76 after having opened the day at $28.76 as compared to the previous trading day's close of $28.58. Other companies within the Electronics industry that declined today were: Pulse Electronics ( PULS), down 7.2%, Dynasil Corporation of America ( DYSL), down 7.1%, Hurco Companies ( HURC), down 6.4% and Nexxus Lighting ( NEXS), down 6.3%.

Maxim Integrated Products, Inc. designs, develops, manufactures, and markets various linear and mixed-signal integrated circuits worldwide. The company also provides a range of high-frequency process technologies and capabilities for use in custom designs. Maxim Integrated Products has a market cap of $8.2 billion and is part of the technology sector. Shares are down 2.6% year to date as of the close of trading on Thursday. Currently there are 8 analysts that rate Maxim Integrated Products a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Maxim Integrated Products 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, notable return on equity, growth in earnings per share and increase in net income. 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, LTX-Credence Corporation ( LTXC), up 37.9%, Aetrium Incorporated ( ATRM), up 13.8%, Plug Power ( PLUG), up 10.9% and Perceptron ( PRCP), up 8.7% , were all gainers within the electronics industry with Advanced Micro Devices ( AMD) 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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