Two of the digital-age growth trends include semiconductors and solar power, so when one can potentially capitalize on both in one stock, it makes for an appealing investment opportunity. MEMC Electronic Materials does just that.
MEMC Electronic Materials (NYSE: WFR) designs, manufactures and provides wafers and intermediate products for use in the semiconductor, solar and related industries.
Analysts see 2008 revenue increasing 20-30% after a likely solid 23-27% increase in 2007. Backorders also are impressive. Meanwhile, the sector's outlook provides additional cause for optimism, with solid demand for both solar wafers and semi wafers seen in the immediate years ahead.
MEMC Electronic Materials (NYSE: WFR) designs, manufactures and provides wafers and intermediate products for use in the semiconductor, solar and related industries.
Analysts see 2008 revenue increasing 20-30% after a likely solid 23-27% increase in 2007. Backorders also are impressive. Meanwhile, the sector's outlook provides additional cause for optimism, with solid demand for both solar wafers and semi wafers seen in the immediate years ahead.
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