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 2012.
First Solar (FSLR): Q1 EPS of -$0.08 misses by $0.67. Revenue of $497.1M (-27% Y/Y) misses by $184.4M.First Solar's Q1: In spite of the massive Q1 miss, the company is lifting its 2012 EPS guidance to $4-$4.50 from $3.75-$4.25 ($4.07 consensus) thanks to its cost-cutting efforts. Operating cash flow guidance range is raised by $50M. No revenue guidance is provided. Q1 gross margin was just 15.4%, down from 45.8% a year ago. SunPower (SPWR): Q1 EPS of -$0.12 beats by $0.03. Revenue of $494M (+11.7% Y/Y) misses by $31M
You can also check previous stocks to buy reports- Right Here
Below these are the Solar stocks I am follow on 2012.
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/
