NXP Semiconductor NV (NXPI): 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.

NXP Semiconductor ( NXPI) pushed the Electronics industry lower today making it today's featured Electronics laggard. The industry as a whole closed the day down 0.6%. By the end of trading, NXP Semiconductor fell $0.68 (-1.5%) to $43.55 on light volume. Throughout the day, 1,904,306 shares of NXP Semiconductor exchanged hands as compared to its average daily volume of 2,604,600 shares. The stock ranged in price between $43.43-$44.58 after having opened the day at $44.23 as compared to the previous trading day's close of $44.23. Other companies within the Electronics industry that declined today were: Plug Power ( PLUG), down 18.4%, Hanwha SolarOne ( HSOL), down 15.0%, Trina Solar ( TSL), down 8.0% and Yingli Green Energy Holding Company ( YGE), down 7.5%.

NXP Semiconductors N.V. provides mixed signal and standard product solutions for radio frequency (RF), analog, power management, interface, security, and digital processing products worldwide. It provides integrated circuits (ICs) and discrete semiconductors. NXP Semiconductor has a market cap of $10.8 billion and is part of the technology sector. The company has a P/E ratio of 1462.0, above the S&P 500 P/E ratio of 17.7. Shares are up 68.0% year to date as of the close of trading on Friday. Currently there are 10 analysts that rate NXP Semiconductor a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates NXP Semiconductor as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income and good cash flow from operations. However, as a counter to these strengths, we find that the company has favored debt over equity in the management of its balance sheet.

On the positive front, MoSys ( MOSY), up 8.7%, Intevac ( IVAC), up 7.2%, Eltek ( ELTK), up 6.1% and Methode Electronics ( MEI), up 5.4% , were all gainers within the electronics industry with Broadcom Corporation ( BRCM) 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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