Sunday, July 27, 2014

Top Solar Stocks To Watch For 2014

Among the companies with shares expected to actively trade in Friday’s session are WellCare Health Plans Inc.(WCG), First Solar Inc.(FSLR) and Ellie Mae Inc.(ELLI)

Managed-care services company WellCare said it will replace CEO Alec Cunningham and has named Chairman David Gallitano as interim chief executive as it conducts a search for a new leader. Shares slid 5.3% to $63.14 premarket even as WellCare reported stronger-than-expected third-quarter results.

Shares of solar-panel maker First Solar rose as investors cheered a jump in third-quarter profit and sales that easily exceeded Wall Street’s expectations. Profit for the period more than doubled, bolstered by a sharp top-line jump as a result of revenue from a California solar plant and project sales in Canada. The stock rose 7.3% to $53.97 in premarket trading as the company also raised its full-year earnings outlook.

Hot Supermarket Stocks To Own For 2015: Hanwha SolarOne Co. Ltd.(HSOL)

Hanwha Solarone Co., Ltd., an investment holding company, engages in the manufacture and sale of silicon ingots, silicon wafers, and PV cells and modules. The company also offers mono crystalline and multi crystalline silicon cells; and provides PV module processing services. It sells its products to solar power system integrators and distributors primarily in Germany, Italy, Australia, the United States, the Czech Republic, Spain, and China. The company was formerly known as Solarfun Power Holdings Co., Ltd. and changed its name to Hanwha SolarOne Co., Ltd. in December 2010. Hanwha Solarone Co., Ltd. was founded in 2004 and is based in Qidong, the People?s Republic of China.

Advisors' Opinion:
  • [By Roberto Pedone]

    One under-$10 stock that's starting to move within range of triggering a big breakout trade is Hanwha SolarOne (HSOL), which manufactures a number of silicon ingots, PV cells and PV modules using advanced manufacturing process technologies. This stock has been on fire so far in 2013, with shares up 301%.

    If you take a look at the chart for Hanwha SolarOne, you'll notice that this stock has been uptrending strong for the last month and change, with shares moving higher from its low of $2.60 to its recent high of $4.28 a share. During that uptrend, shares of HSOL have been making mostly higher lows and higher highs, which is bullish technical price action. That move has now pushed shares of HSOL within range of triggering a big breakout trade.

    Traders should now look for long-biased trades in HSOL if it manages to break out above its 52-week high at $4.28 a share with high volume. Look for a sustained move or close above that level with volume that hits near or above its three-month average action of 1.61 million shares. If that breakout triggers soon, then HSOL will set up to enter new 52-week-high territory, which is bullish technical price action. Some possible upside targets off that breakout are its next major overhead resistance levels at $6 to $7 a share.

    Traders can look to buy HSOL off any weakness to anticipate that breakout and simply use a stop that sits right below its 50-day moving average at $3.40 a share, or near more support at $3.35 a share. One can also buy HSOL off strength once it clears $4.28 a share with volume and then simply use a stop that sits a comfortable percentage from your entry point.

  • [By Rebecca McClay]

    The tech market's news today includes a plunge in Hanwha SolarOne Co. Ltd. (Nasdaq: HSOL) shares, which are down 5% in morning trade after its second-quarter loss narrowed to $0.32 per share from a loss of $0.43 in Q1.

Top Solar Stocks To Watch For 2014: Canadian Solar Inc.(CSIQ)

Canadian Solar Inc. engages in the design, development, manufacture, and sale of solar power products in Canada and internationally. The company offers solar cell and solar module products that convert sunlight into electricity for various uses. Its products include a range of standard solar modules for use in a range of residential, commercial, and industrial solar power generation systems. The company also designs and produces specialty solar modules and products consisting of customized modules that its customers incorporate into their products, such as solar-powered bus stop lighting; and specialty products, such as portable solar home systems and solar-powered car battery chargers. In addition, it sells solar system kits, a package consisting of solar modules produced by it and third party supplied components, such as inverters, racking system, and other accessories, as well as implements solar power development projects. The company sells its products under the Canad ian Solar brand name. Canadian Solar Inc. offers its standard solar modules through a direct sales force and sales agents primarily to distributors, system integrators, and original equipment manufacturer customers, as well as to solar projects; and specialty solar modules and products to the automotive, telecommunications, and light-emitting diode lighting sectors. The company was founded in 2001 and is based in Kitchener, Canada.

Advisors' Opinion:
  • [By Paul Ausick]

    But what does this resurrection mean for investors? With a couple of exceptions, solar stocks hit a peak in 2008. First Solar Inc. (NASDAQ: FSLR) topped $300 a share briefly, SunPower Corp. (NASDAQ: SPWR) topped $125 a share, JA Solar hit $120, Canadian Solar Inc. (NASDAQ: CSIQ) topped $40 and Trina Solar Ltd. (NYSE: TSL) reached its peak of more than $35 in mid-2007. At today’s prices one almost has to wonder if we are talking about the same companies. The only stock trading anywhere near its peak price of six years ago is Canadian Solar. JinkoSolar is near its all-time high again, but it was not publicly traded until mid-2010.

  • [By Mani]

    Canadian Solar Inc. (NASDAQ:CSIQ), one of the world's largest solar power companies, is expected to report its fourth quarter and full year 2013 financial results on�March 5, 2014. The company will hold a conference call on the same day at�8:00 a.m.�Eastern Standard Time to discuss the results and its business outlook.

  • [By Travis Hoium]

    Just when the Chinese solar industry is starting to gain some traction the scandals that crushed investor confidence in Chinese stocks are back again. An SEC charge of securities violations against accounting firms Deloitte, KPMG, PricewaterhouseCoopers, BDO, and Ernst & Young is now in court and "Client A" in exhibits yesterday turns out to be none other than Canadian Solar (NASDAQ: CSIQ  ) , one of the largest solar manufacturers in the world. �

Top Solar Stocks To Watch For 2014: Real Goods Solar Inc.(RSOL)

Real Goods Solar, Inc. operates as a residential and commercial solar energy integrator primarily in California and Colorado. The company provides engineering, procurement, and construction services. It offers various turnkey solar energy services, including design, procurement, permitting, build-out, grid connection, financing referrals, and warranty and customer satisfaction services. The company installs residential and small commercial systems that range between 3 kilowatts and 1 megawatt output. It also engages in the retail sale of renewable energy products. The company was founded in 1978 and is based in Louisville, Colorado.

Advisors' Opinion:
  • [By John Udovich]

    Small cap solar stock Andalay Solar Inc (OTCMKTS: WEST) has largely cratered for investors�verses solar stock peers Real Goods Solar, Inc (NASDAQ: RSOL) and SolarCity Corp (NASDAQ: SCTY), but is the company finally turning itself around after a failed deal to be acquired?

  • [By Bryan Murphy]

    Last Thursday when I suggested American Community (OTCMKTS:ACYD) was a stock that should be shed immediately, and replaced with a position in Real Goods Solar, Inc. (NASDAQ:RSOL), I didn't win a lot of friends. After all, ACYD was the market's newest darling, in the middle of a red-hot runup, while RSOL was "just another solar name" that happened to be lucky enough to stumble its way above a key support line. Well, I hate to be the one to day I told you so, but, I told you so. American Community shares are down 35% since then, while Real Goods Solar shares are up 36% in the meantime. Both stocks seem pretty well entrenched in their current trends too.

  • [By Bryan Murphy]

    There's no denying that LDK Solar Co., Ltd (NYSE:LDK) has been a notable laggard this year compared to performances from First Solar, Inc. (NASDAQ:FSLR) and Real Goods Solar, Inc. (NASDAQ:RSOL). RSOL is up nearly 180% year-to-date, with a decent chunk of that gain unfurling in just the last couple of months. FSLR is up 25% for the year so far, though that more modest gain would have been much bigger had it not been for February's 24% plunge. Meanwhile, LDK shares are down 22% year-to-date, and have barely even blipped despite the fact that solar energy has become all the rage again in recent months.

Top Solar Stocks To Watch For 2014: Peabody Energy Corporation(BTU)

Peabody Energy Corporation engages in the mining of coal. It mines, prepares, and sells thermal coal to electric utilities and metallurgical coal to industrial customers. The company owns interests in 30 coal mining operations located in the United States and Australia, as well as owns joint venture interest in a Venezuela mine. It is also involved in marketing, brokering, and trading coal. In addition, the company develops a mine-mouth coal-fueled generating plant; and Btu Conversion projects that are designed to convert coal to natural gas or transportation fuels; and clean coal technologies. As of December 31, 2011, it had 9 billion tons of proven and probable coal reserves. The company was founded in 1883 and is headquartered in St. Louis, Missouri.

Advisors' Opinion:
  • [By John Divine]

    Peabody Energy (NYSE: BTU  ) , which both mines and brokers coal, saw shares sink 4.3% Tuesday, as the U.S Interior Department addressed what it believes to be a consistent undervaluation of federally owned coal resources. The claims, that coal miners leasing federal land to mine the resource aren't paying fair prices for the right to do so, have obvious negative implications for companies like Peabody, which could see costs rise.�

  • [By Ben Levisohn]

    The price of natural gas, however, has dropped 0.4% today, and wouldn’t you know it, coal stocks are weak. Cloud Peak Energy (CLD) has dropped 4.2% to $16.15, while Peabody Energy (BTU) has fallen 2.9% to $17.27. Arch Coal (ACI) is off 1.3% at $4.45, Alpha Natural Resources (ANR) has declined 1.4% to $5.76 and Consol Energy (CNX) has dipped 0.7% to $31.35.

  • [By Aaron Levitt]

    Simply put, the coal stocks trio of Peabody Energy (BTU), Alpha Natural Resources (ANR) and Cloud Peak Energy (CLD) could be some of the biggest bargains out all energy stocks.

  • [By Claudia Assis]

    Major energy decliners on Friday included coal producer Peabody Energy Corp. (BTU) , with shares down 2%. Southwestern Energy Co. (SWN) �shares fell 2.2%.

Top Solar Stocks To Watch For 2014: EMCORE Corporation(EMKR)

EMCORE Corporation, together with its subsidiaries, provides compound semiconductor-based products for the broadband, fiber optics, satellite, and solar power markets. The company operates in two segments, Fiber Optics and Photovoltaics. The Fiber Optics segment offers broadband products, including cable television, fiber-to-the-premises, satellite communication, video transport, and defense and homeland security products; and digital products comprising telecom optical, enterprise, laser/photodetector component, parallel optical transceiver and cable, and fiber channel transceiver products. This segment?s products enable information that is encoded on light signals to be transmitted, routed, and received in communication systems and networks. The Photovoltaics segment provides gallium arsenide (GaAs) multi-junction solar cells, covered interconnected cells, and solar panels for satellite applications; and concentrating photovoltaic (CPV) power systems for commercial and utility scale solar applications, as well as GaAs solar cells and integrated CPV components for use in other solar power concentrator systems. The company markets its products through its direct sales force, external sales representatives and distributors, and application engineers worldwide. EMCORE Corporation was founded in 1984 and is headquartered in Albuquerque, New Mexico.

Advisors' Opinion:
  • [By CRWE]

    EMCORE Corporation (Nasdaq:EMKR), a leading provider of compound semiconductor-based components and subsystems for the fiber optic and solar power markets, reported that it is ramping production and shipping the Opticomm-EMCORE NEXTGEN OTP-1DVI2A1SU insert cards for the Optiva platform.

Top Solar Stocks To Watch For 2014: JinkoSolar Holding Company Limited(JKS)

JinkoSolar Holding Co., Ltd., together with its subsidiaries, engages in the manufacture and sale of solar power products in China and internationally. The company provides solar modules, silicon wafers and ingots, and solar cells, as well as processing services, including silicon wafer tolling services. It sells its products under the JinkoSolar brand name. The company?s customers include distributors, project developers, and system integrators. It trades its products under short-term contracts and by spot market sales. The company also produces accessory materials for solar power products, such as solar aluminum frame, solar junction box, aluminum materials windows, and other metal component parts. JinkoSolar Holding Co., Ltd. was founded in 2006 and is based in Shangrao, the People?s Republic of China.

Advisors' Opinion:
  • [By Aaron Levitt]

    Like FSLR, CSIQ and JinkoSolar (JKS), ReneSola has moved beyond its original focus of creating just wafers. That means SOL stock investors are now betting on one of the more integrated solar stocks … and one that has grown to become a strong module shipper over the last few years. That includes outsourcing modules to nations like India, South Africa and Poland. SOL has done well in this regard and has been catching up to sizzling solar stocks like Yingli Green Energy (YGE).

  • [By Wall Street Strategies]

    Naturally the news is a big positive for the industry, with Chinese solar names like Yingli (YGE), Trina (TSL), Canadian Solar (CSIQ) -- which is actually Chinese despite its name -- JinkoSolar (JKS), JA Solar (JASO), and LDK Solar (LDK) each up more than 10% at midday. The Guggenheim Solar ETF (TAN), which tracks several global solar companies, was up 8%, breaking to a new 52-week high.

  • [By Sid Riggs]

    Companies such as Canadian Solar Inc. (Nasdaq: CSIQ), SunPower Corporation (Nasdaq: SPWR), Trina Solar Limited (ADR) (NYSE: TSL), JinkoSolar Holding Co. Ltd (NYSE: JKS), and Yingli Green Energy Hold. Co. Ltd. (NYSE: YGE) have seen their shares explode 1,181%, 755%, 637%, 628%, and 420%, respectively, over the same time frame.

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