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 0.3%. By the end of trading, SunPower Corporation fell $0.81 (-2.5%) to $30.95 on light volume. Throughout the day, 2,536,372 shares of SunPower Corporation exchanged hands as compared to its average daily volume of 3,449,900 shares. The stock ranged in price between $30.36-$32.00 after having opened the day at $31.71 as compared to the previous trading day's close of $31.76. Other companies within the Technology sector that declined today were:
), down 48.2%,
), down 18.6%,
), down 17.9% and
), down 10.6%.
- 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
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 $3.8 billion and is part of the electronics industry. Shares are down 13.7% year to date as of the close of trading on Thursday. 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
. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and impressive record of earnings per share growth. However, as a counter to these strengths, we find that the company's profit margins have been poor overall.
- You can view the full SunPower Corporation Ratings Report.
On the positive front,
), up 39.5%,
), up 23.6%,
), up 22.8% and
), up 17.6% , 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.