LDK Solar (LDK) Powers Up on Newsletter Recommendation

December 4, 2007 10:48 AM EST

Shares of LDK Solar Co.Ltd. (NYSE: LDK) are surging higher today related to a recommendation by ChangeWave Investing's Tobin Smith. Smith said buy LDK under $35. He called the company the "the MEMC Electronic Materials (WFR) of China"

LDK has surged 18% on the recommendation. LDK has been a controversial name due to accounting worries.

Smith also was positive on SiRF Technology Holdings (Nasdaq: SIRF), saying buy under $27.50 and Ascent Solar (Nasdaq: ASTI), saying buy under $20.


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ASTI 8.20

+0.30 +3.80%
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LDK 10.91

-0.34 -3.02%
Volume: 2,670,825
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SIRF 4.11

+0.00 +0.00%
Volume: 1,957,787
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