Soleil Securities Expects Volitility In Solar Stocks To Continue

July 9, 2008 10:26 AM EDT

Soleil Securities said they expect volatility in the solar power sector to continue as the industry grapples with evolutionary changes in government subsidy programs, and the reality that pricing has to transition to grid-competitive levels over the next three to four years.

Ultimately, the firm believes the transition to grid-competitive pricing will position the solar industry for a decade of high growth. They said the transition to grid-competitive pricing is most likely to occur in late 2010/early 2011.

Solor stocks: SunPower (Nasdaq: SPWR), First Solar (Nasdaq: FSLR), EMC Electronic (NYSE: WFR), Solarfun Power Holdings Co. Ltd. (Nasdaq: SOLF), Evergreen Solar Inc. (Nasdaq: ESLR), Suntech Power Holdings Co. Ltd. (NYSE: STP), Trina Solar Ltd. (NYSE: TSL), Yingli Green Energy Holding Co. Ltd. (NYSE: YGE), ReneSola Ltd. (NYSE: SOL), Canadian Solar Inc. (Nasdaq: CSIQ).


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Analyst Comments

Stocks Mentioned

CSIQ 21.46

+0.80 +3.87%
Volume: 645,112
Track CSIQ

ESLR 1.29

-0.06 -4.44%
Volume: 2,493,844
Track ESLR

FSLR 113.89

+2.68 +2.41%
Volume: 1,053,848
Track FSLR

SOL 4.58

+0.10 +2.23%
Volume: 152,744
Track SOL

SOLF 7.25

+0.24 +3.42%
Volume: 505,568
Track SOLF

SPWR 60.75

+0.00 +0.00%
Volume: 3,741,039
Track SPWR

STP 12.95

+0.35 +2.78%
Volume: 925,515
Track STP

TSL 23.72

+0.61 +2.64%
Volume: 893,788
Track TSL

WFR 12.36

+0.23 +1.90%
Volume: 1,229,126
Track WFR

YGE 12.74

+0.34 +2.74%
Volume: 1,435,093
Track YGE


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