First Solar Inc. (FSLR): 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.

First Solar ( FSLR) pushed the Electronics industry lower today making it today's featured Electronics laggard. The industry as a whole closed the day down 0.2%. By the end of trading, First Solar fell $5.48 (-9.7%) to $51.26 on heavy volume. Throughout the day, 11,753,978 shares of First Solar exchanged hands as compared to its average daily volume of 5,078,200 shares. The stock ranged in price between $51.01-$54.63 after having opened the day at $54.25 as compared to the previous trading day's close of $56.74. Other companies within the Electronics industry that declined today were: Intermolecular ( IMI), down 10.2%, Affymetrix ( AFFX), down 7.6%, Dynasil Corporation of America ( DYSL), down 6.2% and Orion Energy Systems ( OESX), down 6.0%.

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 $5.7 billion and is part of the technology sector. The company has a P/E ratio of 11.8, below the S&P 500 P/E ratio of 17.7. Shares are up 3.8% year to date as of the close of trading on Friday. Currently there are 2 analysts that rate First Solar a buy, 2 analysts rate it a sell, and 9 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 robust revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. However, as a counter to these strengths, we find that the company's profit margins have been poor overall.

On the positive front, Superconductor Technologies ( SCON), up 38.7%, Altair Nanotechnologies ( ALTI), up 21.4%, BTU International ( BTUI), up 11.9% and Digital Power Corporation ( DPW), up 11.7% , were all gainers within the electronics industry with NVIDIA Corporation ( NVDA) 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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