Some Energy Stocks Burn Brighter Than Others [View article]
A far better play today is to just buy SOL (Renesola) With an 8 forward PE, SOL is a bargain, and far better investment than ESLR... today is the last day you will see SOL at today's prices... Here is what Zacks just announced today about amazing SOL:As of this report, SOL trades at only 14.2x our current-year 2008 EPS estimate and only 8.8x our forward 2009 EPS estimate, or at the lower-end of the range of the alternative energy industry. Likewise, SOL trades in the lower-end of a wide price-to-cashflow range for its industry, although it also trades in the upper-end of a similarly wide price-to-sales range. Accordingly, with a bullish outlook, predominantly discount valuation metrics, and above industry average long-term EPS growth expectations, we initiate coverage of on SOL with a BUY recommendation and a six-month target price of $24.25, representing 27.2% upside potential.
Some Energy Stocks Burn Brighter Than Others [View article]
2008 EPS estimate and only 8.8x our forward 2009 EPS estimate, or at the lower-end of the range of the
alternative energy industry. Likewise, SOL trades in the lower-end of a wide price-to-cashflow range for
its industry, although it also trades in the upper-end of a similarly wide price-to-sales range. Accordingly,
with a bullish outlook, predominantly discount valuation metrics, and above industry average long-term
EPS growth expectations, we initiate coverage of on SOL with a BUY recommendation and a six-month
target price of $24.25, representing 27.2% upside potential.