First Solar Inc. (FSLR): Today's Featured Electronics Laggard

First Solar ( FSLR) pushed the Electronics industry lower today making it today's featured Electronics laggard. The industry as a whole closed the day up 1.2%. By the end of trading, First Solar fell 18 cents (-1.3%) to $14 on light volume. Throughout the day, three million shares of First Solar exchanged hands as compared to its average daily volume of 5.8 million shares. The stock ranged in price between $13.97-$14.60 after having opened the day at $14.38 as compared to the previous trading day's close of $14.18. Other company's within the Electronics industry that declined today were: Nexxus Lighting ( NEXS), down 13.5%, A123 Systems ( AONE), down 8.9%, Rambus ( RMBS), down 8.8%, and Ascent Solar Technologies ( ASTI), down 8.7%.

First Solar, Inc. engages in the design, manufacture, and sale of solar modules using a thin-film semiconductor technology in the United States and internationally. The company is also involved in the design, construction, and sale of photovoltaic solar power systems. First Solar has a market cap of $1.22 billion and is part of the technology sector. Shares are down 58% year to date as of the close of trading on Wednesday. Currently there are three analysts that rate First Solar a buy, three analysts rate it a sell, and 20 rate it a hold.

TheStreet Ratings rates First Solar as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share.

On the positive front, Inphi ( IPHI), up 17.4%, LSI Corporation ( LSI), up 16.4%, Applied Micro Circuits Corporation ( AMCC), up 11.4%, and Teradyne ( TER), up 10.4%, were all gainers within the electronics industry with Intel ( INTC) being today's featured electronics industry leader.

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 ( IYW) while those bearish on the electronics industry could consider ProShares Ultra Short Semiconductor ( SSG).
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