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 1.2%. By the end of trading, Trina Solar rose $0.82 (6.0%) to $14.44 on average volume. Throughout the day, 8,051,804 shares of Trina Solar exchanged hands as compared to its average daily volume of 5,540,200 shares. The stock ranged in a price between $13.34-$14.68 after having opened the day at $13.42 as compared to the previous trading day's close of $13.62. Other companies within the Technology sector that increased today were: Alvarion ( ALVR), up 100.0%, InfoSonics Corporation ( IFON), up 41.8%, Shanda Games ( GAME), up 15.0% and LiveDeal ( LIVE), up 11.1%.

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 $1.2 billion and is part of the electronics industry. Shares are down 0.4% year to date as of the close of trading on Friday. Currently there are 5 analysts that rate Trina Solar a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates Trina Solar as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and poor profit margins.

On the negative front, Actions Semiconductor ( ACTS), down 16.6%, ChinaCache International Holdings ( CCIH), down 14.5%, Covisint ( COVS), down 14.2% and Nam Tai Electronics ( NTE), down 12.1% , were all laggards within the technology sector with Telefonica Brasil S.A ( VIV) 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.