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Margins Improvements at JA Solar (JASO) Lift Sector

June 6, 2012 11:11 AM EDT
Solar sector stocks and the solar ETF (NYSE: TAN) are moving higher today, lead by First Solar, Inc. (NASDAQ: FSLR), which is up over 6 percent. Shares of JA Solar (NASDAQ: JASO) are off more than 5 percent after it missed earnings estimates by 5c yesterday, but shipments topped its forecast and margins were higher than in the previous quarter. Other solar stocks may be reacting to the improved margins at JASO.


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