Facebook Inc Class A (FB): Today's Featured Technology Winner

Facebook Inc Class A ( FB) pushed the Technology sector higher today making it today's featured technology winner. The sector as a whole closed the day up 0.1%. By the end of trading, Facebook Inc Class A rose $0.34 (1.4%) to $24.71 on light volume. Throughout the day, 25,242,270 shares of Facebook Inc Class A exchanged hands as compared to its average daily volume of 37,196,200 shares. The stock ranged in a price between $24.42-$25.04 after having opened the day at $24.47 as compared to the previous trading day's close of $24.37. Other companies within the Technology sector that increased today were: Luna Innovations ( LUNA), up 40.8%, Ascent Solar Technologies ( ASTI), up 18.1%, Uni-pixel ( UNXL), up 16.1% and Plug Power ( PLUG), up 14.9%.

Facebook, Inc. operates as a social networking company worldwide. It builds various tools that enable users to connect, share, discover, and communicate with each other on mobile devices and computers. Facebook Inc Class A has a market cap of $42.9 billion and is part of the internet industry. Shares are down 8.5% year to date as of the close of trading on Friday. Currently there are 23 analysts that rate Facebook Inc Class A a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Facebook Inc Class A as a sell. Among the areas we feel are negative, one of the most important has been a generally disappointing historical performance in the stock itself.

On the negative front, Daqo New Energy ( DQ), down 20.2%, ClickSoftware Technologies ( CKSW), down 10.1%, MER Telemanagement Solutions ( MTSL), down 9.4% and Vimicro International Corporation ( VIMC), down 9.2% , were all laggards within the technology sector with Micron Technology ( MU) being today's technology sector laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the technology sector could consider Technology Select Sector SPDR ( XLK) while those bearish on the technology sector could consider ProShares Ultra Short Technology ( REW).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

If you liked this article you might like

7 Essential Rules for Investing in Tech Stocks

LA Times Tops 100,000 in Digital Subscriptions

Kraft Heinz's New CFO Is Just 29

These Powerful Corporate Executives Could Make a Run at the Presidency in 2020

PayPal CEO Reveals How Silicon Valley Could Repair Its Broken Culture