3 Stocks Pushing The Electronics Industry Lower
1. As of noon trading, First Solar ( FSLR) is down $0.68 (-1.2%) to $55.08 on light volume. Thus far, 877,539 shares of First Solar exchanged hands as compared to its average daily volume of 5.3 million shares. The stock has ranged in price between $54.66-$55.89 after having opened the day at $54.70 as compared to the previous trading day's close of $55.76. First Solar, Inc. provides solar energy solutions. It operates in two segments, Components and Systems. The Components segment engages in the design, manufacture, and sale of solar modules that convert sunlight into electricity. First Solar has a market cap of $5.6 billion and is part of the technology sector. Shares are up 80.7% year to date as of the close of trading on Monday. Currently there are 2 analysts that rate First Solar a buy, 2 analysts rate it a sell, and 9 rate it a hold. TheStreet Ratings rates First Solar 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 company's profit margins have been poor overall. Get the full First Solar Ratings Report now. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more. If you are interested in one of these 5 stocks, 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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