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There are some Chinese plays that never get a mention that have PEGs well below 1 and forward PE's in the low teens. For the next two years a few of these companies will provide investors huge returns. Do your DD. I own TSL, CSIQ, YGE and LDK in that order.
May 10 08:17 am
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All Comments by sgleichman »There's a Solar Shakeout Coming - Citigroup [View article]
As far as the US, this election might prove huge in the attempt to make us a contry that actually produces and manufactures items again. There are states that are ahead of the game and who are "subsidizing" alternative energy manufacturing and attracting AE manufacturing. The US is behind the curve as yet but we may see a solar (and wind) boom here in the next few years.
There are also laws on the book right now in 20+ states that mandate a percentage of electrical power to come from AE sources and the power companies have to invest in solar to comply and meet timelines. This is in it's infancy and bet that Evergreen will also flourish in time.