Xilinx Inc (XLNX): 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.

Xilinx ( XLNX) pushed the Electronics industry higher today making it today's featured electronics winner. The industry as a whole closed the day down 0.6%. By the end of trading, Xilinx rose $0.56 (1.1%) to $50.87 on heavy volume. Throughout the day, 4,721,927 shares of Xilinx exchanged hands as compared to its average daily volume of 3,068,500 shares. The stock ranged in a price between $50.18-$51.06 after having opened the day at $50.18 as compared to the previous trading day's close of $50.32. Other companies within the Electronics industry that increased today were: AMSC ( AMSC), up 14.4%, Netlist ( NLST), up 11.9%, Ultra Clean Holdings ( UCTT), up 10.5% and Applied Optoelectronics ( AAOI), up 10.0%.

In 2006 finished buying the balance of AccelChip Inc., maker of algorithmic synthesis solutions for DSP design. Xilinx has a market cap of $13.3 billion and is part of the technology sector. Shares are up 8.7% year to date as of the close of trading on Tuesday. Currently there are 10 analysts that rate Xilinx a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Xilinx as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, notable return on equity, expanding profit margins and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

On the negative front, Forward Industries ( FORD), down 8.2%, SolarCity ( SCTY), down 7.4%, API Technologies ( ATNY), down 7.3% and Plug Power ( PLUG), down 7.2% , were all laggards within the electronics industry with Intel ( INTC) 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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