Solar Stocks performance versus TAN

With the upgrades given today, some Solar Stocks started to move, while others remained in the red. The TAN Solar ETF is still neutral for today, but let's compare the two biggest performers for today with the Solar Stock ETF Benchmark:

Energy Conversion Devices, Inc. (NASDAQ:ENER) is still one of the worst performers counting from the bottom of the Bear Market since March, it's low PER and the fact that its Operating Income is positive for the 1st Quarter of 2009, means this could be one of the stocks to watch in the future. Just remember that it still is a laggard:

Very nice performance since the bottom, but still below the average when compared to TAN.

TAN is the ETF that represents the 'Stock Index' for the whole Solar Industry, and has already recovered all of the losses since December, but still has much to recover. This should be the perfect candidate if you want to diversify in the Solar Industry, but look to the long term!

Labels: ENER, Energy Conversion Devices Inc, ESLR, Evergreen Solar, solar analysis, solar ETF, Solar Stocks, TAN

posted by Ertai at 3:20 PM