Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
) pushed the Electronics industry higher today making it today's featured electronics winner. The industry as a whole closed the day up 1.1%. By the end of trading, First Solar rose $3.39 (6.5%) to $55.15 on average volume. Throughout the day, 9,430,930 shares of First Solar exchanged hands as compared to its average daily volume of 7,188,800 shares. The stock ranged in a price between $54.41-$56.75 after having opened the day at $54.93 as compared to the previous trading day's close of $51.76. Other companies within the Electronics industry that increased today were:
), up 16.8%,
Renewable Energy Trade Board
), up 15.9%,
), up 11.7% and
), up 10.3%.
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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 $4.5 billion and is part of the technology sector. The company has a P/E ratio of 10.8, below the S&P 500 P/E ratio of 17.7. Shares are up 65.6% year to date as of the close of trading on Wednesday. Currently there is 1 analyst that rates First Solar a buy, 4 analysts rate it a sell, and 13 rate it a hold.
TheStreet Ratings rates First Solar as a
. 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.
- You can view the full First Solar Ratings Report.
On the negative front,
), down 15.6%,
), down 14.1%,
), down 11.6% and
), down 7.9% , were all laggards within the electronics industry with
) being today's electronics industry laggard.
- Use our electronics section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the electronics industry could consider
) while those bearish on the electronics industry could consider
- Find other investment ideas from our top rated ETFs lists.
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