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

Trina Solar ( TSL) pushed the Technology sector lower today making it today's featured Technology laggard. The sector as a whole closed the day up 1.1%. By the end of trading, Trina Solar fell $0.26 (-1.9%) to $13.20 on light volume. Throughout the day, 2,233,121 shares of Trina Solar exchanged hands as compared to its average daily volume of 5,976,000 shares. The stock ranged in price between $13.12-$13.74 after having opened the day at $13.59 as compared to the previous trading day's close of $13.46. Other companies within the Technology sector that declined today were: Linktone ( LTON), down 21.9%, Crossroads Systems ( CRDS), down 9.8%, Sungame ( SGMZ), down 9.1% and Yingli Green Energy Holding Company ( YGE), down 8.9%.

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 $1.1 billion and is part of the electronics industry. Shares are up 210.4% year to date as of the close of trading on Friday. Currently there are 4 analysts that rate Trina Solar a buy, 1 analyst rates it a sell, and 2 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 and poor profit margins.

On the positive front, Dynamics Research Corporation ( DRCO), up 58.1%, Hong Kong Television Network ( HKTV), up 40.2%, Xyratex ( XRTX), up 27.3% and Luna Innovations ( LUNA), up 23.3% , were all gainers within the technology sector with Cisco Systems ( CSCO) being today's featured technology sector leader.

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).

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

More from Markets

Micron Spikes After $10 Billion Buyback Plan Caps Bullish Q3 Earnings Forecast

Micron Spikes After $10 Billion Buyback Plan Caps Bullish Q3 Earnings Forecast

Oil Prices, China Tariffs, Micron and Kohl's - 5 Things You Must Know

Oil Prices, China Tariffs, Micron and Kohl's - 5 Things You Must Know

China to Slash Automobile Tariffs and 4 Other Stories You Must Know Tuesday

China to Slash Automobile Tariffs and 4 Other Stories You Must Know Tuesday

China Slashes Auto Import Tariffs as Trump's Trade Push Gets Big Early Win

China Slashes Auto Import Tariffs as Trump's Trade Push Gets Big Early Win

Global Stocks Push Higher as China Tariff Move, Softer US Dollar Boost Sentiment

Global Stocks Push Higher as China Tariff Move, Softer US Dollar Boost Sentiment