SunPower (SPWRA) saw an increase of more than 10% in its stock price on March 15. This trend was seen across almost all companies in the solar industry, including SunPower's competitors FirstSolar (FSLR), SuntechPower (STP), and Yingli Green Energy (YGE).

Our price estimate for SunPower's stock is at $14.41, about 10% below its current market price.

Continue reading SunPower's Outlook Brightens as Concerns on Nuclear Rise

SunPower's Outlook Brightens as Concerns on Nuclear Rise originally appeared on BloggingStocks on Tue, 22 Mar 2011 10:00:00 EST. Please see our terms for use of feeds.

Continue reading Suntech Power (STP): Shining Opportunity?

Suntech Power (STP): Shining Opportunity? originally appeared on BloggingStocks on Thu, 03 Mar 2011 10:40:00 EST. Please see our terms for use of feeds.

Continue reading LDK Solar Not Interesting After Q4

LDK Solar Not Interesting After Q4 originally appeared on BloggingStocks on Tue, 30 Mar 2010 14:40:00 EST. Please see our terms for use of feeds.

"The solar sector has been notably weak, including First Solar (NASDAQ: FSLR)," says Stephen Leeb. Despite the setback, the editor of The Complete Investor rates the stock a high risk buy.

"First Solar is one of the few whose earnings outperformed consensus estimates: its fourth-quarter results reported yesterday after the market's close were nearly 25% better than estimates.

"First Solar made $1.61 per share this past quarter; Wall Street was expecting $1.30 per share. Revenues were also ahead of estimates, although the company reduced 2009 revenue estimates by about 10%, citing short-term credit concerns for customers.

Continue reading First Solar (FSLR): Still shining?

First Solar (FSLR): Still shining? originally appeared on BloggingStocks on Tue, 03 Mar 2009 14:30:00 EST. Please see our terms for use of feeds.

"Suntech Power Holdings (NYSE: STP), one of our long-time favorites, is now back on our buy list after being driven down in price by U.S. market volatility and the fallout from a recent earnings report," notes Jim Trippon.

The editor of The China Stock Digest explains, The company is world leader in the manufacture of photovoltaic solar cells and solar electric systems. And, it is developing a new technology to increase solar efficiency." Here is his review.

"The company's solar cells are used to supply power to the electricity grid within China, and it's the number one company in the Chinese solar energy industry. The company's systems also provide dependable power internationally for mobile phone networks and telecommunications relay stations and even street lamps in case of power outages.

"Certainly China is in desperate need of clean renewable sources of energy. Residents of major cities like Beijing and Shanghai are constantly enveloped in a choking cloud of smog. Beijing has said it wants a tenth of its energy to come from environmentally friendly sources by 2010.

"The problem with solar energy has always been the high cost of manufacturing solar cells relative to the amount of power output per cell. Suntech is attacking that problem with rigorous cost control and the competitive advantages that low cost Chinese manufacturers enjoy in the international arena.

Continue reading Suntech Power (STP): A 'new technology' for solar

Suntech Power (STP): A 'new technology' for solar originally appeared on BloggingStocks on Fri, 04 Apr 2008 12:10:00 EST. Please see our terms for use of feeds.

For 25 years, Steven Halpern, editor of TheStockAdvisors.com, has surveyed the leading financial newsletter advisors asking for their favorite stocks for the coming year. This article is one of 100+ ideas in the Best Stocks for 2008 report.

"First Solar (NASDAQ: FSLR) is my favorite speculative idea for 2008," says relative strength technician Dan Sullivan, editor of The Chartist.

"First Solar is the fastest growing manufacturer of solar modules in the world. And that's just the beginning. The company manufactures solar modules with an advanced thin film semiconductor process that significantly lowers solar electricity costs.

"Offering clean renewable electricity at affordable prices enables First Solar to provide an economic alternative to peak conventional electricity and fossil fuels.

"The solar module maker recorded a significant increase in revenue, easily beating Wall Street estimates. The company earned $46 million, or 58 cents per share, compared with $4.3 million, or 7 cents per share in the year-ago period.

Continue reading Best Stocks for 2008: Bright prospects for First Solar

Best Stocks for 2008: Bright prospects for First Solar originally appeared on BloggingStocks on Thu, 20 Dec 2007 15:33:00 EST. Please see our terms for use of feeds.

For 25 years, Steven Halpern, editor of TheStockAdvisors.com, has surveyed the leading financial newsletter advisors asking for their favorite stocks for the coming year. This article is one of 100+ ideas in the Best Stocks for 2008 report.

"Our favorite speculative play for 2008 is First Solar (NASDAQ: FSLR)," says Bernie Schaeffer, editor of Schaeffer's Investment Research.

"First Solar is a specialized semiconductor company that is a play on the alternative-energy theme. FSLR designs, manufactures and sells solar electric power modules. With a price-earnings (P/E) ratio of 178 and the stock posting gains of nearly 700% in 2007, investors in FSLR should expect a potentially wild ride.

"Despite the 'internet bubble-like' appreciation in the stock, we think the trend can continue, as this is a company with actual earnings and its share of naysayers. The skepticism is an indication that there is sideline buying power that can drive the equity even higher in the months to come.

"FSLR's third-quarter earnings report was spectacular. Net income of 58 cents per share easily topped Wall Street's estimate of 19 cents per share, sending the stock soaring on the news. The year-over-year earnings growth rate in the third quarter was an outstanding 729%.

Continue reading Best Stocks for 2008: Schaeffer lights up First Solar (FSLR)

Best Stocks for 2008: Schaeffer lights up First Solar (FSLR) originally appeared on BloggingStocks on Tue, 18 Dec 2007 14:15:00 EST. Please see our terms for use of feeds.

Leo Fasciocco is a technical specialist who focuses on finding breakout buys -- stocks that have broken out from their trading bases and are poised, in his view, to move higher.

In his Ticker Tape Digest he has isolated two intriguing energy plays: Diamond Offshore Drilling Inc. (NYSE: DO) searches for energy below the sea, while solar firm Suntech Power Holdings Co. (NYSE: STP) looks skyward.

The advisor explains, "Diamond Offshore has 30 semisubmersibles, 13 jack-up rigs (mobile drilling platforms), and one drillship. They operate around the world. The company contracts with major oil and gas companies.

"DO's profit outlook is excellent and should be the driver to send the stock higher. Technically, the stock's long-term chart shows a powerful bull market. It has soared from 20 to 113 the past three years, riding the rising price of crude oil.

Continue reading Best energy ideas: Under the sea and up in the sky

Best energy ideas: Under the sea and up in the sky originally appeared on BloggingStocks on Sat, 20 Oct 2007 08:10:00 EST. Please see our terms for use of feeds.