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 8.91

-0.39 -4.19%
Volume: 602,601
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LDK 31.54

-0.31 -0.97%
Volume: 2,768,773
Track LDK

SIRF 4.05

-0.10 -2.41%
Volume: 1,034,688
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