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SolarCity Corp (SCTY): 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.

SolarCity ( SCTY) pushed the Electronics industry higher today making it today's featured electronics winner. The industry as a whole closed the day up 1.0%. By the end of trading, SolarCity rose $4.13 (5.9%) to $74.07 on light volume. Throughout the day, 3,213,788 shares of SolarCity exchanged hands as compared to its average daily volume of 4,828,300 shares. The stock ranged in a price between $71.00-$74.13 after having opened the day at $71.29 as compared to the previous trading day's close of $69.94. Other companies within the Electronics industry that increased today were: SemiLEDs ( LEDS), up 22.2%, Silicon Motion Technology Corporation ( SIMO), up 16.0%, Sanmina ( SANM), up 12.9% and Kulicke & Soffa Industries ( KLIC), up 11.4%.

SolarCity Corporation engages in the design, installation, and sale or lease of solar energy systems to residential and commercial customers, and government entities in the United States. SolarCity has a market cap of $5.9 billion and is part of the technology sector. Shares are up 23.1% year to date as of the close of trading on Monday. Currently there are 3 analysts that rate SolarCity a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates SolarCity as a sell. Among the areas we feel are negative, one of the most important has been very high debt management risk by most measures.

On the negative front, Advantest ( ATE), down 10.3%, Rambus ( RMBS), down 7.2%, Himax Technologies ( HIMX), down 6.9% and Corning ( GLW), down 6.2% , were all laggards within the electronics industry with Broadcom Corporation ( BRCM) 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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