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Solar’s “Boom” Day
By Peter Lynch
Exclusively for InvestorIdeas.com
February 14, 2008
First Solar’s (FSLR) terrific 4th quarter numbers set the solar sector on fire today. Below is the ONE DAY percentage gain of selected solar stocks trading on the U.S. markets. Now that was quite a single day’s sector performance!
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These are volatile times and the most volatile of all is clearly the emerging solar sector. Obviously this type of DAILY movement is suited only for the most resilient and risk tolerant of investors.
The solar industry will certainly grow and prosper well into the future. There will be ups and downs and occasional market shake-outs and consolidations. There will be winners and losers and new technologies bursting upon the scene.
In the end, we will ALL be better off as innovation, technology and the unflagging American spirit of entrepreneurship drive the renewable energy industry to grid parity and to a bright, sunny renewable future for all of us.
Symbol |
Company Name |
Performance % |
ASTI |
Ascent Solar Technologies, Inc. |
15.6 |
CSIQ |
Canadian Solar Inc. |
12.9 |
CSUN |
China Sunergy Company Ltd. |
6.9 |
DESC |
Distributed Energy Systems Corp. |
-0.2 |
DSTI |
DayStar Technologies Inc. |
14.7 |
EMKR |
EMCORE Corporation |
1.1 |
ENER |
Energy Conversion Devices Inc |
9.7 |
ESLR |
Evergreen Solar, Inc. |
12.2 |
FSLR |
First Solar, Inc. |
30.1 |
JASO |
JA Solar Holdings Co., Ltd |
16.8 |
LDK |
LDK Solar Company Ltd. |
6.3 |
SOLF |
Solarfun Power Holdings Co. |
10.9 |
SPIR |
Spire Corporation |
4.5 |
SPWR |
Sunpower Corporation |
12.4 |
STP |
Suntech Power Holdings ADR |
15 |
TSL |
Trina Solar Limited |
11.3 |
WFR |
MEMC Electronic Materials, Inc. |
5.3 |
YGE |
Yingli Green Energy Holding Company Limited |
16.6 |
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Indexes |
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DJIA |
Dow Jones |
1.5 |
SPX |
S & P |
1.4 |
NASD |
NASDAQ |
2.3 |
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J. Peter Lynch has worked, for 31 years as a Wall Street analyst, an independent equity analyst and private investor, and a merchant banker in small emerging technology companies. He has been actively involved in following developments in the renewable energy sector since 1977and is regarded as an expert in this area. He is currently a financial and technology consultant to a number of companies. He can be reached via e-mail at
Solarjpl@aol.com.
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