First Solar Inc. (FSLR): 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.

First Solar ( FSLR) pushed the Electronics industry higher today making it today's featured electronics winner. The industry as a whole closed the day down 0.8%. By the end of trading, First Solar rose 32 cents (1.2%) to $26.93 on light volume. Throughout the day, 3.5 million shares of First Solar exchanged hands as compared to its average daily volume of 4.9 million shares. The stock ranged in a price between $25.80-$26.98 after having opened the day at $26.06 as compared to the previous trading day's close of $26.61. Other companies within the Electronics industry that increased today were: Pulse Electronics ( PULS), up 29.2%, Plug Power ( PLUG), up 21.7%, Planar Systems ( PLNR), up 7.3%, and GigOptix ( GIG), up 6.5%.
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First Solar, Inc. provides solar energy solutions. It operates in two segments, Components and Systems. The Components segment engages in the design, manufacture, and sale of solar modules that convert sunlight into electricity. First Solar has a market cap of $2.38 billion and is part of the technology sector. Shares are down 13.8% year to date as of the close of trading on Friday. Currently there is one analyst that rates First Solar a buy, two analysts rate it a sell, and 15 rate it a hold.

TheStreet Ratings rates First Solar 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 good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and poor profit margins.

On the negative front, LDK Solar Company ( LDK), down 10.6%, Parkervision ( PRKR), down 8.8%, ReneSola ( SOL), down 8.6%, and Ambarella ( AMBA), down 8.4%, were all laggards within the electronics industry with Texas Instruments ( TXN) 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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