[[SOL]] Price 9.15
We have a bunch of solar companies reporting in the next few weeks so I decided to do a little research and find the best opportunity, should the group catch fire.
ReneSolar [[SOL]], [[LDK]] & [[WFR]] all manufacture solar wafers for solar modules. However, ReneSolar recycles silicon and supplies the product at discount prices, thus creating higher margins to its customers (JA Solar, Solarfun, & Suntech Power).
With [[JASO]] reporting on Wednesday, I will be watching [[SOL]]. With good volume, this one could make a run.
Here are a few facts:
- Trades on the London Exchange, and now trades on the NYSE as an ADR.
- When comparing P/E ratios, it is the cheapest.
- The stock has a small float of 10 mill, and can get moving quickly.
- Company reports on March 19th
- Video on SOL
Just something to watch.Comments »