James Shaw

Three Reasons Solar Sell-off May Be in Early Innings

The same thing happened again:

I did not see any bearish view on solar last two weeks when they are in uptrend.

Whenever they are in the bottom, bashers appeared.

Yingli Green Energy: Tidy Earnings Bump Up Against Anti-Solar Sentiment

Solar stocks prices let me remember two years ago shipping sector.

In particular, I owned DRY in June 2006 when DRY was traded less than $10.

It was so cheap, big earnings, quarter by quarter, but Wall Street repeatedly said that dry shipping is a very risk business because the rates could up or down big.

But one year and half later, the stock went to $130, a 1,300% gain. The whole sector flied including EXM, TBSI, ... just name a few.

I believe that solar sector stocks as a whole (I mean Chinese solar stocks) are in bottom now. As long as they kept growing as they are now and in the near future, the stocks will be much higher in one year.

Ignore all the noises, do you own analysis.

Our fund now is over-weight on solar sector.

Solar Stocks: Cutting Back on Three Names

TSL best in the group:

Q2 est EPS has gone up a lot from $0.71 -> $0.80, 2008 from $3.14 to $3.24, 2009 from $4.09 -> $4.35 by analysts.

At $28, it is grossly undervalued.

LDK Q2 est EPS 0.42, price 33
STP Q2 est EPS 0.33, price 33
CSIQ Q2 est EPS 0.45, price 28

Not to mention US solar stocks.