Stockaccumulator

Green Commodities for a Complete Green Portfolio

Zacks published this (see below article) 7 trading days ago about Renesola (SOL), when the price was bouncing around at about $20.

Zacks Rank in Industry 1 of 44... the best of all solars. Thats number one...

See Zacks' site. This in addition to Investors Business Daily June ranking of SOL as the 4th best company (not just solars but the whole world, every company) to invest in... and in addition to Piper Jaffray's amazing careful on site research on SOL. Piper Jaffray article in June practically audited SOL, and its clean balance sheet, and they love it.

Last week's drop was clearly a case of throwing the baby out with the bathwater to raise cash to feel good before the July 4th weekend... No news on SOL, just bullish: New rediculous cost of oil, and local and national governments worldwide jumping on the Solar bandwagon...

Note that SOL actually sells to other solars, and has a unique method of production and supply, recycling for creation of its product... a unique process and company.

I trust all three combined, Zacks, IBD, and Piper Jaffray.

Read this quote from Zacks last week:

"Through its history, ReneSola regularly adapted to changing market dynamics. The company is aggressively ramping up its polysilicon and solar wafer production capacities. Going forward, increased captive generation of polysilicon will improve its cost structure and enable wafer capacity expansions. Globally, rising solar wafer sales, along with escalating crude and long-term supply agreements, should collectively generate significant earnings growth. Buoyed by these positive factors and
impressive results, SOL increased its 2008 production
output and sales guidance. Accordingly, with a
bullish outlook and an attractive relative valuation, we initiate coverage of SOL with a BUY recommendation and a six-month target price of $24.25, representing 27.2% upside potential."

Note: today, at $13 SOL upside would be perhaps 40% ... Zacks published this above article 7 trading days ago when SOL price was much higher... other analysts have targets of $40, some at $55...

Time to run to your laptop and buy SOL fast...