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

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 higher today making it today's featured electronics winner. The industry as a whole closed the day up 0.9%. By the end of trading, SolarCity rose $2.68 (5.0%) to $56.11 on average volume. Throughout the day, 4,262,142 shares of SolarCity exchanged hands as compared to its average daily volume of 5,092,400 shares. The stock ranged in a price between $52.76-$56.23 after having opened the day at $54.43 as compared to the previous trading day's close of $53.43. Other companies within the Electronics industry that increased today were: Luna Innovations ( LUNA), up 12.9%, Control4 ( CTRL), up 10.5%, Netlist ( NLST), up 8.4% and Neonode ( NEON), up 8.3%.

SolarCity Corporation designs, installs, and sells or leases solar energy systems to residential and commercial customers, and government entities in the United States. SolarCity has a market cap of $4.9 billion and is part of the technology sector. Shares are down 6.0% year to date as of the close of trading on Tuesday. Currently there are 3 analysts that rate SolarCity a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates SolarCity as a sell. The company's weaknesses can be seen in multiple areas, such as its weak operating cash flow, poor profit margins, generally high debt management risk and feeble growth in its earnings per share.

On the negative front, Digital Power Corporation ( DPW), down 12.0%, Wells-Gardner Electronic ( WGA), down 4.9%, Linear Technology ( LLTC), down 4.4% and Sutron Corporation ( STRN), down 4.0% , were all laggards within the electronics industry with Taiwan Semiconductor Manufacturing ( TSM) being today's electronics industry laggard.

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).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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