greencapitalist

Which Solar Stocks Will Continue To Shine?

jack, well written.

>>>>FSLR did go up pretty substantially (49%), but far, far less than my favorite, CSIQ. Indeed, I believe FSLR is living on its previous laurels and momentum generated by all of its boosters in the investment community. I expect these high-PE stocks to continue to underperform their low-PE brethren going forward.
i was fslr bull, but 3 things has made me jump out of stock.

1. massive selling (although prearranged) by ceo. he sold off 50% of his stocks!!!!

2. eu seems to be having second thoughts on the toxic cadmium. this is in rumour stages though.

3. certain analysts concerned about te material.

unless these 3 are clarified openly by company, it is advisable not to go long on fslr. of course you can daytrade and/or short it as you feel fit.

Further Musings on Solar Stocks

jack,
jaso is growing at nearly 90% growth y/o/y and on high 70's q/o/q. why not give 30 p/e for such growth.

similarly spwr showed 90% y/o/y growth and except for the one 'flat' word usage by the cfo in the conference call, they are guiding higher and are also telling silicon costs are coming down and 10% cost efficiency is coming on.

a growth company on the range of 90 to 100% certainly can deserve 40 p/e or more.

look at baidu. a company growing 90 to 100% has an astounding 140 p/e!!!!

i think you might be wrong on fslr. fslr will be achieving almost grid parity in 2009 itself. they have 2gw in production with 2 more gw potentially coming from so.cal and canada utilities. pilot is on. i dont think silicon can come anywhere near grid parity at all in near future. not only that once fslr goes closer to 4gw or 5gw, they can easily thump even grid parity cost wise per wattage. which solar company can do that in 2009 or even say 5 years from now.

fslr with 5gw assured orders will be in 500's since its earnings will have to be doubled and trebled. also they are planning on residential small panels for solar generation at very cheap prices. this is a new area which can prove wonders for them.