Investing in Solar

May 13th, 2008 by Daniel
We all know that solar power is a good part of our future for energy for this planet. The more time and money we invest in research for solar power, the better the technology will get. Over the next decade, we should see dramatic improvements in efficiency and considerable drops in prices to produce and install these advanced solar technologies. So, other than the obvious money we’d save in energy costs by implementing more solar power, how can we look to profit off of these advancements in this area? Here’s some research on five solar stocks you might want to consider investing in… 

ESLR – Evergreen Solar – $8.44
Develops, manufactures, and markets solar power products primarily in Europe and the United States.
My Rating: Buy
Reasoning: Steady revenue growth with very good potential. Debt not great, but not exactly high either. 

FSLR – First Solar – $303.98
Designs, manufactures, and sells solar electric power modules using a proprietary thin film semiconductor technology.
My Rating: Buy
Reasoning: Revenue growth has skyrocketed, but stock has as well and is perhaps now a bit overpriced if growth does not continue on its current pace. 

AKNS – Akeena Solar – $5.31
Engages in the design, integration, installation, marketing, and sale of solar power systems for residential and small commercial customers in the United States.
My Rating: Strong Buy
Reasoning: Low debt, revenue increasing every quarter. If growth continues as it has been, stock will follow. 

ASTI – Ascent Solar Technologies – $16.23
A development stage company, engages in the commercialization of photovoltaic (PV) technology developed for space satellite, near-space, and terrestrial markets.
My Rating: Buy
Reasoning: Small, growing company. Higher risk, but could be higher reward as well. 

LDK – LDK Solar – $35.94
Through its subsidiaries, engages in the manufacture and sale of multicrystalline solar wafers.
My Rating: Hold
Reasoning: Larger amount of debt than most of other companies in the industry. 

* Disclosure Statement – At the time of writing this article, I do not own shares of or do any business with any of the above companies.

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One Response to “Investing in Solar”

  1. Cherry Williams Says:

    You are a very smart person! Residential Solar Power

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