First Solar Inc. (FSLR): Today's Featured Electronics Winner

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.

First Solar ( FSLR) pushed the Electronics industry higher today making it today's featured electronics winner. The industry as a whole closed the day up 1.0%. By the end of trading, First Solar rose $1.43 (3.9%) to $38.52 on light volume. Throughout the day, 3,429,046 shares of First Solar exchanged hands as compared to its average daily volume of 6,300,500 shares. The stock ranged in a price between $37.09-$38.67 after having opened the day at $37.30 as compared to the previous trading day's close of $37.09. Other companies within the Electronics industry that increased today were: Trina Solar ( TSL), up 15.3%, Pulse Electronics ( PULS), up 15.0%, Superconductor Technologies ( SCON), up 9.4% and Yingli Green Energy Holding Company ( YGE), up 8.7%.

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 $3.7 billion and is part of the technology sector. Shares are up 20.2% year to date as of the close of trading on Monday. Currently there are 3 analysts that rate First Solar a buy, 3 analysts rate it a sell, and 12 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 solid stock price performance, largely solid financial position with reasonable debt levels by most measures and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, weak operating cash flow and feeble growth in the company's earnings per share.

On the negative front, LightPath Technologies ( LPTH), down 8.2%, Aetrium Incorporated ( ATRM), down 7.3%, Schmitt Industries ( SMIT), down 6.2% and Aehr Test Systems ( AEHR), down 5.4%.

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).

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