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Harris Roen is a financial writer with a passion for understanding the economic activity of our interconnected world. His previous experience of over 15 years as a professional portfolio manager helps him ground-truth the hype through independent research and analysis, providing valuable... More
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  • Solar Stock Alert – GTAT 0 comments
    Sep 20, 2012 1:39 PM | about stocks: Q

    GT Advanced Technologies released promising earnings guidance yesterday, despite the fact that overall photovoltaic module sales remain depressed. The company also commented how pending import tariffs against China that are being discussed by the European Union could result in new photovoltaic business for GTAT.

    GT Advanced Technologies Inc (GTAT) More Info

    GTAT reaffirms guidance, 2012 revenue forecast to be between $925-$975 million. Stock jumps 5% on the news and is up 20% for September, but is still down 8% in 12 months.

    GT Advanced Technologies, Inc. is a global provider of photovoltaic manufacturing services for the solar industry. Its equipment is used to manufacture the raw materials needed for solar production. GT also provides systems and material for energy efficient light emitting diodes (LEDs) used for lighting and other specialty markets. Customers include solar companies, as well as companies in the chemical industry.

    Press release

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Stocks: Q
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