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 0.2%. By the end of trading, NVIDIA Corporation rose $0.21 (1.3%) to $15.88 on average volume. Throughout the day, 10,084,776 shares of NVIDIA Corporation exchanged hands as compared to its average daily volume of 7,278,300 shares. The stock ranged in a price between $15.68-$16.00 after having opened the day at $15.83 as compared to the previous trading day's close of $15.67. Other companies within the Electronics industry that increased today were: Superconductor Technologies ( SCON), up 38.7%, Altair Nanotechnologies ( ALTI), up 21.4%, BTU International ( BTUI), up 11.9% and Digital Power Corporation ( DPW), up 11.7%.

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 $9.0 billion and is part of the technology sector. The company has a P/E ratio of 20.6, above the S&P 500 P/E ratio of 17.7. Shares are down 2.2% year to date as of the close of trading on Friday. Currently there are 7 analysts that rate NVIDIA Corporation a buy, 3 analysts rate it a sell, and 13 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, increase in stock price during the past year and notable return on equity. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share.

On the negative front, Intermolecular ( IMI), down 10.2%, Affymetrix ( AFFX), down 7.6%, Dynasil Corporation of America ( DYSL), down 6.2% and Orion Energy Systems ( OESX), down 6.0% , were all laggards within the electronics industry with First Solar ( FSLR) 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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