SunEdison Inc (SUNE): 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.

SunEdison ( SUNE) pushed the Electronics industry higher today making it this morning's featured electronics winner. The industry as a whole closed Monday down 0.9%. This morning, SunEdison rose $0.66 (4.8%) to as high as $14.42 above Monday's close. Yesterday, 10,749,285 shares of SunEdison exchanged hands as compared to its average daily volume of 9,736,400 shares. Other companies within the Electronics industry that increased Monday were: WEX ( WEX), up 17.6%, Semiconductor Manufacturing International C ( SMI), up 8.8%, Giga-tronics ( GIGA), up 8.6% and Camtek ( CAMT), up 6.9%.

SunEdison, Inc. develops, manufactures, and sells silicon wafers. The company is also involved in developing and selling photovoltaic energy solutions. It operates in two segments, Semiconductor Materials and Solar Energy. SunEdison has a market cap of $3.9 billion and is part of the technology sector. Currently there are 6 analysts that rate SunEdison a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates SunEdison as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, generally higher debt management risk and weak operating cash flow.

On the negative front, China Sunergy ( CSUN), down 10.1%, JA Solar Holdings Co. ADR ( JASO), down 9.5%, Hanwha SolarOne ( HSOL), down 9.3% and Peregrine Semiconductor ( PSMI), down 8.7% , were all laggards within the electronics industry with Cree ( CREE) being today's electronics industry laggard.

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.

More from Markets

Stocks Tumble as Trump Comments Lead to Worries Over China Trade Talks

Stocks Tumble as Trump Comments Lead to Worries Over China Trade Talks

Tiffany & Co. Sees a Strong Market in Asia

Tiffany & Co. Sees a Strong Market in Asia

Imagining the Stock Market in 10 Years

Imagining the Stock Market in 10 Years

Video: Jim Cramer on the Markets, Tiffany, Micron Technology and Union Pacific

Video: Jim Cramer on the Markets, Tiffany, Micron Technology and Union Pacific

Red Robin Slumps After Earnings Miss

Red Robin Slumps After Earnings Miss