Tag Archives: stocks
First Solar Whiffs Earnings $FSLR
First Solar (Nasdaq: FSLR) is the largest solar module firm by market capitalization, the largest thin-film solar firm, and one of the largest solar firms by capacity and shipments, and certainly by cumulative profits. The company is in the cross hairs of every other solar firm and continues to set the bar in terms of [...]
What Recession? Enphase Microinverters Selling Like Hotcakes
Enphase has been planning its IPO with an SEC registratiion on file since June of 2011. The firm must periodically update that document — here are some of the new stats: The firm has shipped more than 1.55 million microinverters since its founding, 1 million in 2011 alone. Enphase estimates that represents about 40,000 installations. [...]
First Solar and SunPower: Stocks Headed South? $FSLR, $SPWRA
It only took a day or two for First Solar (FSLR) and SunPower Corporation (SPWR) to confirm the bearish pattern I pointed out after the recent post-earnings celebration for SPWR. The charts below show rapid follow-through from the big fades that followed huge up days in each stock. First Solar breaks down again SunPower gives [...]
Chinese Solar Companies: Who Will Go Bankrupt First?
China, which is the world’s largest provider of solar panels made from crystalline silicon, is seeing a large number of smaller polysilicon companies go bankrupt or stop production. The reason is that for many of the smaller companies, the price of polysilicon is $25-30/kg, while costs are $40-50/kg. This means that the smaller companies are [...]
Energy Investing in Saskatchewan
The Energy Report: Even some of the most successful small-cap resource investors were schooled in 2011. What did you learn from last year’s ups and downs? Tom MacNeill: We were definitely reminded of the nature of resource investments. Liquidity absolutely vanished in 2008, but by the time it reappeared in 2009 and 2010, investors had [...]
Solar Stocks: Ready to Party? $STP $SPWR
A funny thing happened after I declared the “fun is done” in solar stocks: Suntech Power Holdings (STP) pre-announced higher than expected revenues and financial results for its fourth quarter, and SunPower Corporation (SPWR) reported earnings that gave solar traders and investors fresh hope. At one point, SPWR broke out from a nice consolidation above [...]
Suntech Power Results Impress $STP
Suntech Power (STP) is out this morning posting preliminary results for Q4 2011 and the results are considerably better than expected. The stock soared at the open up around 20%, but has given much of that back and is currently up around 12% on heavy volume. The company says it has exceeded previous guidance and [...]
In Focus: First Solar’s Fall $FSLR
First Solar Inc. (NASDAQ:FSLR), the leading thin-film solar panel manufacturer, headquartered in Tempe, Arizona, was once a coveted crown jewel stock to possess in one’s portfolio but now has become a hot potato along with others in the solar industry. This stock traded at approximately $311 per share during its peak in May 2008 but [...]
SolarCity Readies for IPO
SolarCity, the leading solar installer in the US, is planning to go public in the third quarter this year, reports Reuters. If successful, the launch on the public markets could value the company at $1.5 billion. Based in San Mateo, California, SolarCity has grown rapidly since it was founded just 6 years ago. In the first quarter of 2011, the company’s [...]
Hot Solar Stocks to Keep an Eye On $LDK $STP $CSIQ $TSL
( click to enlarge ) JinkoSolar Holding Co., Ltd. (NYSE:JKS) had a strong bounce off its ascending 50 day moving average today, as did most of the stocks in its sector. JKS looks like it wants to make a move. If the stock can break today’s high, we should see a strong upside move. You [...]
Solar Stocks to Watch this Week
In the watchlist posted on Thursday, I had posted the chart of JinkoSolar Holding Co., Ltd. (NYSE:JKS) and commented “The volume picked up today and it may be starting a rally. The daily chart shows a doji candle after a few down days, which is sometimes a reversal signal.” Well, the following technical chart above [...]
Solar Stocks Move Higher
Solar stocks have been on an impressive run with the Guggenheim Solar ETF, which consists of approximately 25 stocks selected based on the relative importance of solar power within the Company’s business model, up roughly 19 percent in the month of January. Aaron Chew, a Maxim Group LLC analyst in New York recently told Bloomberg [...]