First Solar, Suntech Power Lobby U.N. Climate Change Convention [View article]
Last time I looked (last week) STP had about a 6 P/E. Which means 1) their "E" is greater than zero and 2) their stock price is seductive. With oil cheap now and credit still iffy, I expect '09 to be a bad year for solar. But, let's be realistic-- solar and wind are the future-- they aren't making any dinosaurs anymore; oil reserves are being used up!
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Last time I looked (last week) STP had about a 6 P/E. Which means 1) their "E" is greater than zero and 2) their stock price is seductive. With oil cheap now and credit still iffy, I expect '09 to be a bad year for solar. But, let's be realistic-- solar and wind are the future-- they aren't making any dinosaurs anymore; oil reserves are being used up!
Dec 10 08:59 am
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All Comments by Tom B »First Solar, Suntech Power Lobby U.N. Climate Change Convention [View article]