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 0.9%. By the end of trading, Trina Solar fell $0.25 (-1.8%) to $13.84 on light volume. Throughout the day, 3,498,258 shares of Trina Solar exchanged hands as compared to its average daily volume of 5,356,300 shares. The stock ranged in price between $13.74-$14.69 after having opened the day at $14.26 as compared to the previous trading day's close of $14.09. Other companies within the Technology sector that declined today were: Twitter ( TWTR), down 24.2%, Orion Energy Systems ( OESX), down 18.5%, Montage Technology Group ( MONT), down 17.7% and Callidus Software ( CALD), down 15.6%.

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 $1.1 billion and is part of the electronics industry. Shares are up 3.1% year to date as of the close of trading on Wednesday. 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 positive front, Glu Mobile ( GLUU), up 27.6%, Akamai Technologies ( AKAM), up 20.6%, Yelp ( YELP), up 18.9% and Synchronoss Technologies ( SNCR), up 18.3% , were all gainers within the technology sector with Yahoo ( YHOO) 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.

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