NVIDIA Corporation (NVDA): 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.

NVIDIA Corporation ( NVDA) pushed the Electronics industry higher today making it today's featured electronics winner. The industry as a whole closed the day down 0.4%. By the end of trading, NVIDIA Corporation rose $0.26 (1.7%) to $15.71 on average volume. Throughout the day, 9,737,565 shares of NVIDIA Corporation exchanged hands as compared to its average daily volume of 8,620,400 shares. The stock ranged in a price between $15.32-$15.75 after having opened the day at $15.43 as compared to the previous trading day's close of $15.45. Other companies within the Electronics industry that increased today were: Sigmatron International ( SGMA), up 18.0%, Wells-Gardner Electronic ( WGA), up 9.8%, Data I/O Corporation ( DAIO), up 8.8% and Himax Technologies ( HIMX), up 8.4%.

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 $8.8 billion and is part of the technology sector. Shares are up 26.0% year to date as of the close of trading on Tuesday. Currently there are 6 analysts that rate NVIDIA Corporation a buy, 1 analyst rates 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 largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, expanding profit margins, notable return on equity and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share.

On the negative front, Plug Power ( PLUG), down 19.7%, ReneSola ( SOL), down 16.9%, Uni-pixel ( UNXL), down 7.5% and Aehr Test Systems ( AEHR), down 6.0% , were all laggards within the electronics industry with Broadcom Corporation ( BRCM) 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).

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