Teradyne Inc (TER): 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.

Teradyne ( TER) pushed the Electronics industry lower today making it today's featured Electronics laggard. The industry as a whole closed the day up 0.1%. By the end of trading, Teradyne fell $0.94 (-4.9%) to $18.24 on heavy volume. Throughout the day, 7,293,871 shares of Teradyne exchanged hands as compared to its average daily volume of 2,895,700 shares. The stock ranged in price between $18.12-$19.32 after having opened the day at $19.30 as compared to the previous trading day's close of $19.18. Other companies within the Electronics industry that declined today were: 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%.

Teradyne, Inc. provides automatic test equipment worldwide. It operates in three segments: Semiconductor Test, Wireless Test, and System Test. Teradyne has a market cap of $3.8 billion and is part of the technology sector. Shares are up 8.8% year to date as of the close of trading on Wednesday. Currently there are 7 analysts that rate Teradyne a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Teradyne as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, increase in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the positive front, 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% , were all gainers within the electronics industry with NXP Semiconductors ( NXPI) 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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