JinkoSolar Holding Co Ltd (JKS): Today's Featured Industrial 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 industry lower today making it today's featured Industrial laggard. The industry as a whole closed the day down 0.8%. By the end of trading, JinkoSolar fell $2.76 (-9.3%) to $26.76 on average volume. Throughout the day, 3,159,701 shares of JinkoSolar exchanged hands as compared to its average daily volume of 2,435,500 shares. The stock ranged in price between $26.02-$29.85 after having opened the day at $29.80 as compared to the previous trading day's close of $29.52. Other companies within the Industrial industry that declined today were: ZBB Energy ( ZBB), down 11.8%, Adept Technology ( ADEP), down 9.3%, American Electric Technologies ( AETI), down 9.2% and NF Energy Saving ( NFEC), down 8.8%.

JinkoSolar Holding Co., Ltd., together with its subsidiaries, designs, develops, produces, and markets photovoltaic products in the People's Republic of China and internationally. JinkoSolar has a market cap of $832.0 million and is part of the technology sector. The company has a P/E ratio of 11.9, below the S&P 500 P/E ratio of 17.7. Shares are up 0.8% year to date as of the close of trading on Friday. Currently there are 4 analysts that rate JinkoSolar a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates JinkoSolar as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and impressive record of earnings per share growth. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and poor profit margins.

On the positive front, Global-Tech Advanced Innovations ( GAI), up 8.1%, Sifco Industries ( SIF), up 3.3%, ARC Group Worldwide ( ARCW), up 2.7% and LGL Group ( LGL), up 2.7% , were all gainers within the industrial industry with Roper Industries ( ROP) being today's featured industrial industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the industrial industry could consider SPDR Dow Jones Industrial Average ( DIA) while those bearish on the industrial industry could consider ProShares UltraShort Industrials ( SIJ).

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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