frflyer

Are Solar Tech Stocks Being Unfairly Trampled in the Rush?

Shameless Ko
To say that solar companies are like home builders requires some kind of pretzel logic and gross generalization. Do home builders make PV ingots or wafers or solar cells? What are you talking about? And yes the valuations of some solar stocks are quite high, while some are dirt cheap. Look at the forward PE for TSL,SOLF,CSIQ,YGE even STP has a reasonable forward PE now. TSL has forward PE of about 13.
Some are verticaly integrated companies, some aren't. You can't generalize across companies with completely differrent business models. When is the last time a home builder invented a better 2x4 or anything else? You're a little late for the bubble bursting, as it already has for most solar stocks.
What you say about WFR is true, and I have that stock, but some solar companies make their own wafers.