Skip to main content

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.

JinkoSolar

(

JKS

) pushed the Industrial Goods sector higher today making it today's featured industrial goods winner. The sector as a whole closed the day up 0.1%. By the end of trading, JinkoSolar rose $0.93 (3.3%) to $29.18 on average volume. Throughout the day, 1,386,953 shares of JinkoSolar exchanged hands as compared to its average daily volume of 1,789,800 shares. The stock ranged in a price between $28.64-$29.65 after having opened the day at $28.95 as compared to the previous trading day's close of $28.25. Other companies within the Industrial Goods sector that increased today were:

Real Goods Solar

(

RSOL

), up 10.2%,

Integrated Electrical Services

(

IESC

), up 9.5%,

Cleantech Solutions International

(

CLNT

TheStreet Recommends

), up 9.2% and

China Ming Yang Wind Power Group

(

MY

), up 8.4%.

JinkoSolar Holding Co., Ltd., together with its subsidiaries, engages in designing, developing, producing, and marketing photovoltaic products in the People's Republic of China and internationally. JinkoSolar has a market cap of $741.3 million and is part of the industrial industry. Shares are up 354.9% year to date as of the close of trading on Thursday. Currently there is 1 analyst that rates JinkoSolar a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates JinkoSolar as a

sell

. The company's weaknesses can be seen in multiple areas, such as its generally high debt management risk and poor profit margins.

On the negative front,

Euro Tech Holdings Company

(

CLWT

), down 10.2%,

Ocean Power Technologies

(

OPTT

), down 5.8%,

China Recycling Energy Corporation

(

CREG

), down 5.5% and

Bonso Electronics International

(

BNSO

), down 4.5%.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the industrial goods sector could consider

Industrial Select Sector SPDR

(

XLI

) while those bearish on the industrial goods sector could consider

ProShares Short Dow 30

(

DOG

).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.