The "logic" of this article escapes me. The author (who does not know what the solar things that sit on a roof are called) posits that because some stocks--none of them solar stocks--are way below their highs (JNPR, CSCO, etc), that means solar stocks constitute a "fad."
If the author's point is that some solar stocks are overpriced, I would agree, but that is hardly a meaningful or useful observation. If the author's point is that NO solar stock is worth owning, he is plainly wrong.
If the author's point is neither of the above, then I must confess I don't know what his point is.
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The "logic" of this article escapes me. The author (who does not know what the solar things that sit on a roof are called) posits that because some stocks--none of them solar stocks--are way below their highs (JNPR, CSCO, etc), that means solar stocks constitute a "fad."
Feb 24 10:37 am
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All Comments by Jack Yetiv »Beware of the Solar Stock Fad [View article]
If the author's point is that some solar stocks are overpriced, I would agree, but that is hardly a meaningful or useful observation. If the author's point is that NO solar stock is worth owning, he is plainly wrong.
If the author's point is neither of the above, then I must confess I don't know what his point is.
Jack Yetiv