Trina Solar Limited (TSL): Today's Featured Technology 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.

Trina Solar ( TSL) pushed the Technology sector higher today making it today's featured technology winner. The sector as a whole closed the day down 0.5%. By the end of trading, Trina Solar rose $0.21 (1.3%) to $16.15 on average volume. Throughout the day, 3,810,068 shares of Trina Solar exchanged hands as compared to its average daily volume of 4,321,600 shares. The stock ranged in a price between $15.68-$16.50 after having opened the day at $15.71 as compared to the previous trading day's close of $15.94. Other companies within the Technology sector that increased today were: CSR ( CSRE), up 191.3%, China Finance Online ( JRJC), up 31.8%, Hauppauge Digital ( HAUP), up 24.6% and China Sunergy ( CSUN), up 20.6%.

Trina Solar Limited, an integrated solar-power products manufacturer, engages in the design, development, manufacture, and sale of photovoltaic (PV) modules worldwide. The company provides mono- and multi-crystalline silicon ingots, wafers, cells, and related products. Trina Solar has a market cap of $926.2 million and is part of the electronics industry. Shares are up 170.3% year to date as of the close of trading on Friday. Currently there are 2 analysts that rate Trina Solar a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates Trina 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 negative front, Friendfinder Networks ( FFN), down 93.7%, Acorn Energy ( ACFN), down 31.0%, Alteva ( ALTV), down 29.1% and xG Technology ( XGTI), down 23.4% , were all laggards within the technology sector with Oracle Corporation ( ORCL) 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.

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