JinkoSolar Holding Co. Ltd. (JKS): Today's Featured Industrial Goods 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.

JinkoSolar ( JKS) pushed the Industrial Goods sector lower today making it today's featured Industrial Goods laggard. The sector as a whole closed the day up 0.4%. By the end of trading, JinkoSolar fell $1.12 (-3.6%) to $30.03 on average volume. Throughout the day, 2,368,695 shares of JinkoSolar exchanged hands as compared to its average daily volume of 2,112,700 shares. The stock ranged in price between $29.41-$31.55 after having opened the day at $31.30 as compared to the previous trading day's close of $31.15. Other companies within the Industrial Goods sector that declined today were: Ducommun ( DCO), down 15.7%, ZBB Energy Corporation ( ZBB), down 12.3%, Asia Pacific Wire & Cable Corp ( APWC), down 5.6% and Bonso Electronics International ( BNSO), down 4.9%.

JinkoSolar Holding Co., Ltd., together with its subsidiaries, engages in designing, developing, producing, and marketing photovoltaic products in the People's Republic of China and internationally. JinkoSolar has a market cap of $805.8 million and is part of the industrial industry. Shares are up 6.3% year to date as of the close of trading on Thursday. Currently there are 2 analysts that rate JinkoSolar a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates JinkoSolar 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, MagneGas Corporation ( MNGA), up 21.8%, US Ecology ( ECOL), up 11.5%, Intellicheck Mobilisa ( IDN), up 10.9% and THT Heat Transfer Technology ( THTI), up 9.8% , were all gainers within the industrial goods sector with Tenaris ( TS) being today's featured industrial goods sector leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the industrial goods sector could consider Industrial Select Sector SPDR ( XLI) while those bearish on the industrial goods sector could consider ProShares Short Dow 30 ( DOG).

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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