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.
) pushed the Technology sector lower today making it today's featured Technology laggard. The sector as a whole closed the day up 0.7%. By the end of trading, First Solar fell $5.29 (-9.1%) to $52.74 on heavy volume. Throughout the day, 16,527,664 shares of First Solar exchanged hands as compared to its average daily volume of 3,645,300 shares. The stock ranged in price between $49.52-$53.60 after having opened the day at $50.15 as compared to the previous trading day's close of $58.03. Other companies within the Technology sector that declined today were:
), down 27.3%,
), down 14.8%,
), down 12.1% and
), down 10.9%.
- EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass
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 $5.7 billion and is part of the electronics industry. Shares are up 6.2% year to date as of the close of trading on Tuesday. 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
. 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 positive front,
), up 106.6%,
), up 20.3%,
), up 16.0% and
), up 13.1% , were all gainers within the technology sector with
) being today's featured technology sector leader.
- Use our technology section to find sector-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 technology sector could consider
) while those bearish on the technology sector could consider
- Find other investment ideas from our top rated ETFs lists.