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 2014.
SunPower -2.9% after providing light 2015 guidance
- Ahead of its analyst day talks, SunPower (NASDAQ:SPWR) is guiding for 2015 revenue of $2.4B-$2.6B and EPS of $1.10-$1.50, below a consensus of $2.8B and $1.69.
- At the same time, the company now expects Q4 revenue of $1.12B-$1.17B and EPS of $1.00-$1.25 (well above a consensus of $605M and $0.23) due to "the benefit of approximately $450 million in revenue and $0.80 - $0.90 in earnings per share related to the real estate accounting treatment of its 579-MW Solar Star projects."
- SunPower expects to recognize revenue on 1.3GW-1.4GW in solar sales next year - its 2014 guidance is at 1.26GW-1.3GW - and to triple its upstream (cell/module production) solar capacity over the next five years. The 2015 capex budget is at $300M-$350M.
- The company's YieldCo plans remain "under review."
- Analyst day talks start at 10AM ET (webcast).
- Analyst day slides (.pdf)
Below these are the Solar stocks I am follow on 2014.
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:
•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
