Seeking Alpha

Solar stocks rally once again

  • Volatile solar stocks are making another move higher today. With less than two weeks left in the year, the Guggenheim Solar ETF (TAN +2.2%) is staring at a 128% YTD gain.
  • Trina (TSL +4.1%) and ReneSola (SOL +3.2%) have both announced supply deals - the former is supplying 25MW of modules for a Thai solar project, and the latter is providing 365KW of modules and solar inverters for California projects.
  • Notable gainers: SCTY +7.8%. FSLR +2.7%. SPWR +4.1%. YGE +4.1%. CSIQ +3.8%. SunEdison is also up, after Leon Cooperman provided a favorable mention.
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Comments (1)
  • manfredthree
    , contributor
    Comments (2549) | Send Message
     
    Long TAN, derivative settlements instilled much of the off-pricing.
    19 Dec 2013, 10:45 PM Reply Like
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