Suntech Power(STP) & Energy Conversion Devices (ENER)

Suntech Power is making new highs again, proving once again that is not only one of the top performers in the solar energy sector, but probably the best performer for the following months... Even if Oil prices are making new lows!

This chart proves it:


And here are some opinions on Energy Conversion Devices (Nasdaq: ENER):

Forecast on Energy Conversion Devices: Jim Cramer vs. Jeffrey W. Bencik

Analyst Jeffrey W. Bencik at Jefferies & Co said that ENER was one his top 2 picks in the solar industry for '07, opining that despite continued volatility, this should be a rewarding year for ENER investors. He believes that attention will "shift from company specific performance to a top-down focus on the evolution of solar incentive schemes."

Jim Cramer, on Thursday's Mad Money, said he could not, "in good conscience, recommend that stock with oil at $51, going to $49. So, [he is] going to say no, no, no. Sell, sell, sell."

Read the full blog post here

Labels: ENER, STP

posted by IntoBlogs at 1:16 PM