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 today's featured electronics winner. The industry as a whole closed the day down 0.4%. By the end of trading, SunEdison rose $0.17 (1.0%) to $16.54 on average volume. Throughout the day, 11,762,444 shares of SunEdison exchanged hands as compared to its average daily volume of 10,773,400 shares. The stock ranged in a price between $16.22-$16.60 after having opened the day at $16.49 as compared to the previous trading day's close of $16.37. Other companies within the Electronics industry that increased today were: Pulse Electronics ( PULS), up 25.8%, Applied Optoelectronics ( AAOI), up 15.0%, Wells-Gardner Electronic ( WGA), up 6.7% and AU Optronics Corporation ( AUO), up 6.3%.
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 $4.2 billion and is part of the technology sector. Shares are up 25.4% year to date as of the close of trading on Thursday. 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.