First Solar Inc. (FSLR): 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.

First Solar ( FSLR) pushed the Electronics industry lower today making it today's featured Electronics laggard. The industry as a whole closed the day down 0.2%. By the end of trading, First Solar fell $1.91 (-2.8%) to $66.39 on average volume. Throughout the day, 5,139,751 shares of First Solar exchanged hands as compared to its average daily volume of 5,149,000 shares. The stock ranged in price between $63.31-$68.60 after having opened the day at $68.24 as compared to the previous trading day's close of $68.30. Other companies within the Electronics industry that declined today were: China BAK Battery ( CBAK), down 11.6%, Uni-pixel ( UNXL), down 10.9%, Digital Power Corporation ( DPW), down 10.0% and SemiLEDs ( LEDS), down 9.9%.

First Solar, Inc. provides solar energy solutions worldwide. The company operates through two segments, Components and Systems. First Solar has a market cap of $6.8 billion and is part of the technology sector. Shares are up 25.0% year to date as of the close of trading on Monday. Currently there are 3 analysts that rate First Solar a buy, 2 analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates First Solar as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, largely solid financial position with reasonable debt levels by most measures and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, poor profit margins and weak operating cash flow.

On the positive front, Trina Solar ( TSL), up 6.0%, TTM Technologies ( TTMI), up 5.6%, O2Micro International ( OIIM), up 5.3% and ION Geophysical Corporation ( IO), up 5.0% , were all gainers within the electronics industry with Texas Instruments ( TXN) 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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