SunPower Corporation (SPWR): Today's Featured Electronics Winner

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.

SunPower Corporation ( SPWR) pushed the Electronics industry higher today making it today's featured electronics winner. The industry as a whole closed the day down 0.2%. By the end of trading, SunPower Corporation rose 12 cents (1%) to $11.96 on light volume. Throughout the day, 2.5 million shares of SunPower Corporation exchanged hands as compared to its average daily volume of 3.8 million shares. The stock ranged in a price between $11.63-$12.08 after having opened the day at $11.70 as compared to the previous trading day's close of $11.84. Other companies within the Electronics industry that increased today were: New Energy Systems Group ( NEWN), up 78.4%, China Sunergy ( CSUN), up 19.3%, Advanced Photonix ( API), up 18.6%, and Plug Power ( PLUG), up 11.1%.
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SunPower Corporation, an integrated solar products and services 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 $1.4 billion and is part of the technology sector. Shares are up 109% year to date as of the close of trading on Friday. Currently there are two analysts that rate SunPower Corporation a buy, four analysts rate it a sell, and seven rate it a hold.

TheStreet Ratings rates SunPower Corporation as a sell. The company's weaknesses can be seen in multiple areas, such as its unimpressive growth in net income and poor profit margins.

On the negative front, Sequans Communications SA ADR ( SQNS), down 8.9%, Winland Electronics ( WEX), down 8.5%, LRAD ( LRAD), down 7.8%, and Mindspeed Technologies ( MSPD), down 7.8%, were all laggards within the electronics industry with NXP Semiconductor ( NXPI) being today's electronics industry laggard.

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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