SunPower Corporation (SPWR): 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.
(
) pushed the Electronics industry higher today making it today's featured electronics winner. The industry as a whole closed the day down 0.3%. By the end of trading, SunPower Corporation rose $1.14 (5.3%) to $22.43 on average volume. Throughout the day, 3,857,962 shares of SunPower Corporation exchanged hands as compared to its average daily volume of 4,311,900 shares. The stock ranged in a price between $21.11-$22.70 after having opened the day at $21.19 as compared to the previous trading day's close of $21.29. Other companies within the Electronics industry that increased today were:
(
), up 14.7%,
(
), up 9.8%,
(
), up 9.2% and
(
), up 7.7%.
SunPower Corporation, an integrated solar products and solutions company, designs, manufactures, and delivers solar electric systems for residential, commercial, and utility-scale power plant customers worldwide. SunPower Corporation has a market cap of $2.5 billion and is part of the technology sector. Shares are up 266.2% year to date as of the close of trading on Tuesday. Currently there are 4 analysts that rate SunPower Corporation a buy, 1 analyst rates it a sell, and 5 rate it a hold.
TheStreet Ratings rates SunPower Corporation as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow, poor profit margins and generally higher debt management risk.
- You can view the full SunPower Corporation Ratings Report.
On the negative front,
(
), down 10.5%,
(
), down 9.9%,
(
), down 8.1% and
(
), down 6.9% , 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
iShares Dow Jones US Technology
(
) while those bearish on the electronics industry could consider
ProShares Ultra Short Semiconductor
(
).
- Find other investment ideas from our top rated ETFs lists.
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