- 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.
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