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

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SolarCity ( SCTY) pushed the Electronics industry lower today making it today's featured Electronics laggard. The industry as a whole closed the day down 1.4%. By the end of trading, SolarCity fell $3.01 (-5.4%) to $52.46 on light volume. Throughout the day, 3,563,338 shares of SolarCity exchanged hands as compared to its average daily volume of 5,122,600 shares. The stock ranged in price between $52.20-$56.39 after having opened the day at $55.21 as compared to the previous trading day's close of $55.47. Other companies within the Electronics industry that declined today were: Advanced Energy Industries ( AEIS), down 21.1%, Fluidigm ( FLDM), down 16.1%, Perceptron ( PRCP), down 7.5% and Veeco Instruments ( VECO), down 7.4%.

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 $5.0 billion and is part of the technology sector. Shares are down 2.4% year to date as of the close of trading on Monday. Currently there are 4 analysts that rate SolarCity a buy, no analysts rate it a sell, and 2 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 positive front, Sypris Solutions ( SYPR), up 16.9%, Peregrine Semiconductor ( PSMI), up 9.4%, Landauer ( LDR), up 7.4% and Avago Technologies ( AVGO), up 4.8% , were all gainers within the electronics industry with Taiwan Semiconductor Manufacturing ( TSM) 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).

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