Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. First Solar ( FSLR) pushed the Technology sector higher today making it today's featured technology winner. The sector as a whole closed the day up 0.4%. By the end of trading, First Solar rose $1.50 (5%) to $31.58 on average volume. Throughout the day, 3.8 million shares of First Solar exchanged hands as compared to its average daily volume of 4.3 million shares. The stock ranged in a price between $30.21-$31.67 after having opened the day at $30.22 as compared to the previous trading day's close of $30.08. Other companies within the Technology sector that increased today were: Geospace Technologies ( GEOS), up 49.7%, Daqo New Energy ( DQ), up 25%, GSE Systems ( GVP), up 21.5%, and Advanced Photonix ( API), up 19.4%.
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.
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 $2.62 billion and is part of the electronics industry. Shares are down 2.5% year to date as of the close of trading on Friday. Currently there are three analysts that rate First Solar a buy, four analysts rate it a sell, and 16 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, weak operating cash flow, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share.