Texas Instruments Inc. (TXN): 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.

Texas Instruments ( TXN) 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, Texas Instruments fell $0.64 (-1.5%) to $42.46 on average volume. Throughout the day, 4,817,363 shares of Texas Instruments exchanged hands as compared to its average daily volume of 5,912,600 shares. The stock ranged in price between $42.28-$43.11 after having opened the day at $43.11 as compared to the previous trading day's close of $43.10. Other companies within the Electronics industry that declined today were: Semtech Corporation ( SMTC), down 12.1%, IEC Electronics Corporation ( IEC), down 9.5%, Dynasil Corporation of America ( DYSL), down 7.3% and Microvision ( MVIS), down 6.0%.

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 $46.4 billion and is part of the technology sector. The company has a P/E ratio of 25.1, above the S&P 500 P/E ratio of 17.7. Shares are up 37.4% year to date as of the close of trading on Wednesday. Currently there are 8 analysts that rate Texas Instruments a buy, 3 analysts rate it a sell, and 18 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, notable return on equity, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, Luna Innovations ( LUNA), up 9.8%, SolarCity ( SCTY), up 7.8%, Daqo New Energy ( DQ), up 6.7% and Eltek ( ELTK), up 6.7% , were all gainers within the electronics industry with First Solar ( FSLR) 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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