Solar Investing - Good and bad examples
SunPower Corporation (Nasdaq: SPWR) is the good example of a performing solar stock, today gaining +4.97% and staying ahead of the whole solar group in terms of performance and one that has already turned black on profitability.SunPower Crop plans to buy $5 billion worth of solar wafers from MEMC Electronic Materials over the next 10 years, turning this company into a leader in the growing solar cell market, and many other ventures in solar energy.
The stock continues its uptrend in any of the time frames:
The Bad Example
DayStar Technologies (Nasdaq: DSTI) continues its major sell off, and since my last comment to stay off this stock, it has plunged another -14%.
Even if people start to think that it looks undervalued, its still a very bad idea to get into this falling train. The above example, and other stocks like SunTech Power (NYSE: STP) should be the right examples to stay in solar energy, and not Daystar Tech.
The companies isnt improving its negative income growth of -312.90%
And latest numbers show a net profit margin of around -3,900.00% !
We can only guess what other problems this company might be in, this sell off could reveal more serious issues in the next weeks.
posted by IntoBlogs at
5:07 PM
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