WHY TO BUY SOLAR STOCKS
Why Top Solar Stocks Should Outperform the Stock Market
Lee Jackson, March 11, 2015 (24/7 Wall Street)
“With all the gains to date this year being washed away…investors may start to wonder where a good place to have equity money this year will be…[Analysts at RBC] remain bullish on the solar sector, and they point out that the TAN, which tracks the MAC Global Solar Energy Index, closed up 11% last week, versus the S&P 500 decline of 1.6%...[Four solar stocks rated Outperform are] JA Solar Holdings Co. Ltd. (NASDAQ: JASO)…The RBC price target for the stock is an impressive $13. The Thomson/First Call consensus target is even higher at $14.50. Shares closed trading on Tuesday at $8.75…SunEdison Inc. (NYSE: SUNE)…The RBC price target is set at $33. The consensus target is $30.25. The stock closed Tuesday at $22.17…SunPower Corp. (NASDAQ: SPWR) and First Solar announced recently plans to jointly form a publicly traded yieldco. Some on Wall Street feel this may make both companies a combined takeover target…The RBC price objective [for SunPower] is $36, while the consensus price target is higher at $41.08. The stock closed trading on Tuesday at $32.29…Trina Solar Ltd. (NYSE: TSL)…The RBC price target is at $15. The consensus estimate is higher at $16.39. Shares closed Tuesday at $11.24…” click here for more
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