Goldman Upgrades ReneSola (SOL) to Buy, Adds to Conviction Buy List

August 20, 2009 8:39 AM EDT

Goldman Sachs upgrades ReneSola (NYSE: SOL) from Neutral to Buy, also adding the stock to it's Conviction Buy list.

The firm cites ReneSola's attractive cost structure and exposure to BRICs, which will be a key driver of volume growth and the resulting upside in margins.

Click here to see all of Goldman's additions/subtractions from the Conviction Buy list.

ReneSola Ltd engages in the manufacture and sale of solar wafers and related products.


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CHINA
J.P. MAC on Sep 14, 2009 10:27 AM

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