NXP Semiconductors NV (NXPI): 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.

NXP Semiconductors ( NXPI) pushed the Electronics industry higher today making it today's featured electronics winner. The industry as a whole closed the day up 0.1%. By the end of trading, NXP Semiconductors rose $1.48 (2.5%) to $62.00 on average volume. Throughout the day, 5,056,758 shares of NXP Semiconductors exchanged hands as compared to its average daily volume of 3,477,700 shares. The stock ranged in a price between $59.40-$62.50 after having opened the day at $62.10 as compared to the previous trading day's close of $60.52. Other companies within the Electronics industry that increased today were: Lam Research ( LRCX), up 11.5%, Ultratech ( UTEK), up 8.4%, Triquint Semiconductor ( TQNT), up 7.5% and RF Micro Devices ( RFMD), up 7.4%.

NXP Semiconductors N.V. provides high performance mixed signal and standard product solutions for radio frequency (RF), analog, power management, interface, security, and digital processing products worldwide. NXP Semiconductors has a market cap of $15.3 billion and is part of the technology sector. Shares are up 31.8% year to date as of the close of trading on Wednesday. Currently there are 10 analysts that rate NXP Semiconductors a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates NXP Semiconductors as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity and impressive record of earnings per share growth. 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 negative front, Sequans Communications ( SQNS), down 18.2%, Digital Power ( DPW), down 9.4%, Xilinx ( XLNX), down 9.1% and Electro Scientific Industries ( ESIO), down 6.5% , were all laggards within the electronics industry with Teradyne ( TER) 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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