Cepheid (CPHD): 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.

Cepheid ( CPHD) pushed the Electronics industry lower today making it today's featured Electronics laggard. The industry as a whole closed the day up 0.7%. By the end of trading, Cepheid fell $2.09 (-4.4%) to $45.84 on heavy volume. Throughout the day, 1,557,854 shares of Cepheid exchanged hands as compared to its average daily volume of 759,000 shares. The stock ranged in price between $44.30-$49.89 after having opened the day at $48.11 as compared to the previous trading day's close of $47.93. Other companies within the Electronics industry that declined today were: Advanced Photonix ( API), down 8.7%, AXT ( AXTI), down 4.8%, Intevac ( IVAC), down 4.3% and Plug Power ( PLUG), down 4.2%.

Cepheid, a molecular diagnostics company, develops, manufactures, and markets integrated systems for testing in the clinical and non-clinical markets; and for application in legacy non-clinical market. Cepheid has a market cap of $3.3 billion and is part of the technology sector. Shares are up 2.7% year to date as of the close of trading on Thursday. Currently there are 9 analysts that rate Cepheid a buy, 1 analyst rates it a sell, and 7 rate it a hold.

TheStreet Ratings rates Cepheid as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. However, as a counter to these strengths, we find that the growth in the company's net income has been quite unimpressive.

On the positive front, Sequans Communications ( SQNS), up 13.8%, Maxwell Technologies ( MXWL), up 12.0%, Advanced Micro Devices ( AMD), up 11.7% and Vimicro International Corporation ( VIMC), up 11.3% , were all gainers within the electronics industry with Micron Technology ( MU) 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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