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NEW YORK (

TheStreet

) --

SunPower Corporation

(Nasdaq:

SPWRA

) is trading at unusually high volume Friday with 9.4 million shares changing hands. It is currently at four times its average daily volume and trading up $1.26 (+7.2%) at $18.69 as of 11:12 a.m. ET. SunPower has a market cap of $957.5 million and is part of the

technology

sector and

electronics

TheStreet Recommends

industry. Shares are up 33.6% year to date as of the close of trading on Thursday.

SunPower Corporation, together with its subsidiaries, designs, manufactures, and markets solar electric power technologies. The company operates in two segments, Components and Systems. The company has a P/E ratio of 59.2, below the average electronics industry P/E ratio of 61.2 and above the S&P 500 P/E ratio of 23.4.

TheStreet Ratings rates SunPower as a hold. 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 increase in net income. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, disappointing return on equity and weak operating cash flow. You can view the full

SunPower Ratings Report

.

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