Canadian Solar Inc. (CSIQ): Today's Featured Electronics Laggard

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Canadian Solar ( CSIQ) 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, Canadian Solar fell $0.34 (-2.6%) to $12.89 on light volume. Throughout the day, 1,891,404 shares of Canadian Solar exchanged hands as compared to its average daily volume of 3,583,500 shares. The stock ranged in price between $12.84-$13.43 after having opened the day at $13.15 as compared to the previous trading day's close of $13.23. Other companies within the Electronics industry that declined today were: BTU International ( BTUI), down 8.4%, Dynasil Corporation of America ( DYSL), down 6.4%, RDA Microelectronics ( RDA), down 6.3% and Camtek ( CAMT), down 5.1%.

Canadian Solar Inc., together with its subsidiaries, engages in the design, development, manufacture, and sale of solar power products worldwide. The company offers solar wafers, cells, and solar module products that convert sunlight into electricity for various uses. Canadian Solar has a market cap of $578.7 million and is part of the technology sector. Shares are up 287.4% year to date as of the close of trading on Friday. Currently there is 1 analyst that rates Canadian Solar a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Canadian Solar as a sell. The company's weaknesses can be seen in multiple areas, such as its generally high debt management risk, disappointing return on equity and poor profit margins.

On the positive front, CSR ( CSRE), up 179.0%, Advanced Photonix ( API), up 11.5%, Enphase Energy ( ENPH), up 6.6% and Revolution Lighting Technologies ( RVLT), up 6.1% , were all gainers within the electronics industry with Cree ( CREE) 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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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