Jacksplace1o2

Follow the Mutual Funds: Solar Is Bottoming

This author knows absolutely nothing about the solar sector, and it is offensive seeking alpha published this report. First of all, YGE, CSIQ, and SOLF all have sales in other countries and continents outside of Europe. They also lowered their 2009 guidance because of slowing demand worldwide due to the global recession, not weakness in the EURO. Poor exchange rates due to a strengthening dollar may marginally effect earnings, but asp price declines, falling commodities prices, and the global recession are the reasons why solar companies have been slashing guidance. The bottom in solar will be reached when oil, natural gas, and coal bottoms, because solar stocks are pegged to the prices of the commodities they compete with.

Those Bubbling Solar Stocks

Adam you are an idiot. You write a subpar article talking about the "meteoric rise" of solar stocks, and you claim the bubble is about to burst... The stocks were inflated in 2007, but that is already baked in the price as illustrated by "most" of these stocks trading near there 52 week lows. Many of the stocks mentioned above trade at very reasonable pe's, and while its true many of these stocks will be phased out when a clear market leader emerges, in the next 2 years most of these stocks are poised to make huge gains. Many of these company have sold out much of their inventory for 2008, and after the renewable energy bill was passed by the senate, i see further, and accelerated adoption of solar energy in this country. Chinese, and American solar firms stand to benfit from this, and if you benchmark these solar stocks based on 2008 earnings, they are as group fairly valued at current prices.

Renesola: Burning Hot Solar Stock

Renesola is an absolutley garbage stock compared to its top competitors within China; LDK solar. LDK solar is currently building a major polysilicon factory in China contracted to fluor that is scheduled for completion by the end of 2008. When this factory is up and running LDK will obtain 42-50% margins resulting in unprecedented EPS growth. In the last year alone, LDK has more than tripled both its revenue and income growth. Above all, LDK has siphoned more long term contract that any other wafer, and ingot manufacturer in the world; including MEMC the current market leader. The company has also completely sold out all of its inventory for 2008, and 2009. EPS expectation for 2009 are expected to be over 8 dollars a share, and at its current price just shy of 35 LDK would have a pe ratio of 4. It also has one of the most experienced management teams in the business including numerous employees who used to work for the market leader MEMC. Why buy SOL, when you can buy the undisputed leader and premier player in this industry ldk solar? good post, but sol is GARBAGE.

Renesola: Burning Hot Solar Stock

Renesola is an absolutley garbage stock compared to its top competitors within China; LDK solar. LDK solar is currently building a major polysilicon factory in China contracted to fluor that is scheduled for completion by the end of 2008. When this factory is up and running LDK will obtain 42-50% margins resulting in unprecedented EPS growth. In the last year alone, LDK has more than tripled both its revenue and income growth. Above all, LDK has siphoned more long term contract that any other wafer, and ingot manufacturer in the world; including MEMC the current market leader. The company has also completely sold out all of its inventory for 2008, and 2009. EPS expectation for 2009 are expected to be over 8 dollars a share, and at its current price just shy of 35 LDK would have a pe ratio of 4. It also has one of the most experienced management teams in the business including numerous employees who used to work for the market leader MEMC. Why buy SOL, when you can buy the undisputed leader and premier player in this industry ldk solar? good post, but sol is GARBAGE.