Crude
oil prices have been
surging recently, and there is little
sign that the momentum will be
slowing down. Every time crude oil
reaches these types of elevated levels,
it seems that interest in
alternative forms of energy also rise.
Solar is one type of alternative energy
that gets particular attention, and
should be on investors' radar going
into 2013.
Trina Solar beats by $0.10, beats on
revenue
- Trina Solar (TSL): Q2 EPS of -$0.47 beats by $0.10.
- Revenue of $440.7M beats by $65.81M.
- Trina Solar's (TSL) Q2 net loss narrowed to $0.47/ADS from $1.30/ADS in the year-ago quarter, as it shipped 647 MW of PV modules vs. 393 MW shipped in Q1 and 419 MW shipped a year earlier.
- Gross margins rose to 11.6% from 1.7% in Q1 and 8.4% a year earlier, as panel prices stabilized and manufacturing costs declined.
- During Q3, TSL expects to ship 650-680 MW of panels, sees gross margins in the low double digits; for FY 2013, raises its previous PV module shipment guidance of 2.0-2.1 GW to 2.3-2.4 GW.
- Shares +4% premarket.
You can also check previous stocks to buy reports- Right Here
Below these are the Solar stocks I am follow on 2013.
Below these are the Solar stocks I am follow on 2013.
Solar Stocks List
Solar Pure Plays:
•SunPower Corporation (Nasdaq: SPWR)
•First Solar Inc. (Nasdaq: FSLR)
•Evergreen Solar (Nasdaq: ESLR)
•SunTech Power Holdings (NYSE: STP)
•Trina Solar (NYSE: TSL)
•Solarfun Power Holdings (Nasdaq: SOLF)
•Canadian Solar Inc. (Nasdaq: CSIQ)
•JA Solar Holdings (Nasdaq: JASO)
•China Sunergy (Nasdaq: CSUN)
•LDK Solar (NYSE: LDK)
•ReneSola Ltd. (NYSE: SOL)
Smaller companies with Solar exposure:
•Energy Conversion Device (Nasdaq: ENER)
•Hoku Scientific (Nasdaq: HOKU)
•Daystar Technologies (Nasdaq: DSTI)
•Spire Corporation (Nasdaq: SPIR)
Solar Energy ETFs:
•Market Vectors Solar Energy ETF (KWT)
•Claymore/MAC Global Solar Energy (TAN)
Bigger companies with Solar exposure:
•MEMC Electronics (NYSE: WFR)
•General Electric Co. (NYSE: GE)
•Boeing Co. (NYSE: BA)
•British Petroleum (NYSE: BP)
•Royal Dutch Shell (NYSE: RDS-B)
•Kyocera (NYSE: KYO)
•Applied Materials (Nasdaq: AMAT)
For the latest updates on the stock market, visit,
http://daytradingstock-blog.blogspot.com