SolarCity Corp (SCTY): Today's Featured Electronics 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.

SolarCity ( SCTY) pushed the Electronics industry lower today making it today's featured Electronics laggard. The industry as a whole closed the day up 1.0%. By the end of trading, SolarCity fell $2.22 (-2.7%) to $80.42 on heavy volume. Throughout the day, 7,005,975 shares of SolarCity exchanged hands as compared to its average daily volume of 4,468,100 shares. The stock ranged in price between $77.52-$83.60 after having opened the day at $82.98 as compared to the previous trading day's close of $82.64. Other companies within the Electronics industry that declined today were: Canadian Solar ( CSIQ), down 10.7%, JA Solar Holdings Co. ADR ( JASO), down 5.8%, Entropic Communications ( ENTR), down 5.1% and Sutron Corporation ( STRN), down 4.8%.

SolarCity Corporation engages in the design, installation, and sale or lease of solar energy systems to residential and commercial customers, and government entities in the United States. SolarCity has a market cap of $7.6 billion and is part of the technology sector. Shares are up 46.5% year to date as of the close of trading on Tuesday. Currently there are 2 analysts that rate SolarCity a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates SolarCity as a sell. Among the areas we feel are negative, one of the most important has been very high debt management risk by most measures.

On the positive front, Digital Power Corporation ( DPW), up 66.1%, Maxwell Technologies ( MXWL), up 22.8%, Superconductor Technologies ( SCON), up 18.9% and AMSC ( AMSC), up 13.3% , were all gainers within the electronics industry with Applied Materials ( AMAT) being today's featured electronics industry leader.

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).

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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