That sucking sound you hear is more money going directly from your wallet and into your gas tank. That�� right: Gas prices are once again on the move upward — just in time for your summer vacation plans.
10 Best Bank Stocks To Buy Right Now: JinkoSolar Holding Company Limited(JKS)
JinkoSolar Holding Co., Ltd., together with its subsidiaries, engages in the manufacture and sale of solar power products in China and internationally. The company provides solar modules, silicon wafers and ingots, and solar cells, as well as processing services, including silicon wafer tolling services. It sells its products under the JinkoSolar brand name. The company?s customers include distributors, project developers, and system integrators. It trades its products under short-term contracts and by spot market sales. The company also produces accessory materials for solar power products, such as solar aluminum frame, solar junction box, aluminum materials windows, and other metal component parts. JinkoSolar Holding Co., Ltd. was founded in 2006 and is based in Shangrao, the People?s Republic of China.
Advisors' Opinion:- [By Travis Hoium]
What: Solar stocks are shooting higher again today as the strong run in 2013 continues. LDK Solar (NYSE: LDK ) , Canadian Solar (NASDAQ: CSIQ ) , Yingli Green Energy (NYSE: YGE ) , Hanwha SolarOne (NASDAQ: HSOL ) , and JinkoSolar (NYSE: JKS ) led the way, gaining between 10% and 22% today.
- [By Dan Caplinger]
On the other hand, if you were looking to buy stocks, Monday turned out to be a great time to do so. For instance, in the solar arena, JinkoSolar (NYSE: JKS ) and Trina Solar (NYSE: TSL ) plunged Monday on feras of the impact of geopolitical tension on the solar business, even though Jinko had reported reasonably strong results earlier that day. Yet Monday, Trina and Jinko soared, with Trina's positive report confirming the health of the solar industry.
- [By Paul Ausick]
Big Earnings Movers: JinkoSolar Holding Co. Ltd. (NASDAQ: JKS) is up 12.9% at $33.29 after reporting better-than-expected earnings and a strong forecast. Tyson Foods Inc. (NYSE: TSN) is up 2.2% at $29.41 on good results. InterCloud Systems Inc. (NASDAQ: ICLD) is up 48.5% at $14.05 following last Friday’s even bigger run-up in the shares.
- [By Aaron Levitt]
And already, the price rise is beginning to take shape. According to its latest report, GTM shows that Chinese solar producers like JinkoSolar (JKS) have priced their modules at 80 to 85 cents per watt for new deliveries. That compares to just to 70 cents per watt at the end of 2013.
5 Best Solar Stocks To Own Right Now: JA Solar Holdings Co. Ltd.(JASO)
JA Solar Holdings Co., Ltd., through its subsidiaries, engages in the design, development, manufacture, and sale of photovoltaic solar cells and solar products, which convert sunlight into electricity in the People's Republic of China. The company?s principal products include monocrystalline and multicrystalline solar cells, as well as various solar modules. It also provides silicon wafer and solar cell processing services. The company sells its products primarily under the JA Solar brand name, as well as produces equipment for original equipment manufacturing customers under their brand names. It sells its solar cell and module products primarily to module manufacturers, system integrators, project developers, and distributors in the Germany, Italy, the United States, Hong Kong, Spain, India, the Czech Republic, France, and South Korea. The company has strategic partnerships with various solar power companies, such as BP Solar, Solar-Fabrik, and MEMC/SunEdison. JA Solar Holdings Co., Ltd. was founded in 2005 and is based in Shanghai, the People?s Republic of China.
Advisors' Opinion:- [By Paul Ausick]
JA Solar Holdings Co. Ltd. (NASDAQ: JASO) stands to benefit from the increased demand for solar power from China. That country is set to overtake Europe, the U.S., and Japan as the world�� largest consumer of solar panels and modules. That�� good for the Chinese solar makers, but it will be difficult for U.S. analysts and investors to figure out exactly what�� happening with the individual companies due to the lack of real transparency into their operations.
- [By Wall Street Strategies]
Naturally the news is a big positive for the industry, with Chinese solar names like Yingli (YGE), Trina (TSL), Canadian Solar (CSIQ) -- which is actually Chinese despite its name -- JinkoSolar (JKS), JA Solar (JASO), and LDK Solar (LDK) each up more than 10% at midday. The Guggenheim Solar ETF (TAN), which tracks several global solar companies, was up 8%, breaking to a new 52-week high.
5 Best Solar Stocks To Own Right Now: First Solar Inc.(FSLR)
First Solar, Inc. manufactures and sells solar modules using a thin-film semiconductor technology. It also designs, constructs, and sells photovoltaic solar power systems. The company?s solar modules employ a thin layer of semiconductor material to convert sunlight into electricity. Its integrated solar power systems activities include the project development; engineering, procurement, and construction services; operating and maintenance services; and project finance. The company sells solar modules to project developers, system integrators, and operators of renewable energy projects; and solar power systems to investor owned utilities, independent power developers and producers, and commercial and industrial companies, as well as other system owners. It operates in the United States, Germany, France, Canada, and internationally. The company was formerly known as First Solar Holdings, Inc. and changed its name to First Solar, Inc. in 2006. First Solar was founded in 1999 a nd is headquartered in Tempe, Arizona.
Advisors' Opinion:- [By Wall Street Sector Selector]
First Solar stock (FSLR) triggered a solar flare last week on the Nasdaq as circuit breakers were triggered on Tuesday, April 9.
The event was caused by a massive amount of short-covering in First Solar stock after the company issued impressive 2013 guidance, with full-year earnings expected between $4.00 and $4.50 a share on sales of between $3.8 billion and $4 billion. Analysts had been expecting to see earnings guidance of $3.51 a share in 2013 on sales of approximately $3.1 billion. Trading in First Solar stock was halted on the Nasdaq exchange during Tuesday's session, in accordance with the guidelines on triggered circuit breakers.
- [By Travis Hoium]
Source: Company earnings releases.��
Solar companies have reported losses for some time now, but LDK Solar has more debt than most companies, and won't be able to survive with such feeble numbers. At the end of 2012, debt stood at $2.8 billion, and we know now that the company ran out of cash just this week. There's no way LDK Solar can survive on just $135.9 million in quarterly revenue and that kind of debt level.� � A problem across solar High debt loads and feeble margins aren't a challenge faced by LDK Solar alone. Suntech Power gave in to these pressures last month, defaulting on its own debt. Yingli Green Energy (NYSE: YGE ) is now the most indebted Chinese solar company, with $2.5 billion in debt, and I wouldn't doubt if they're not far behind LDK and Suntech. The defaults of Suntech and LDK has to be concerning for all of Chinese solar, especially if banks don't keep the free flow of funds that have powered a rapid expansion in production.� � Balance sheets matter
What's becoming clearer and clearer every quarter is that balance sheets matter, not just for investors, but also for solar installers. Solar modules come with warranties, sometimes stretching as long as 25 years, and if a customer questions whether a company will be around in only a year or two, they may choose another option. Since Chinese modules vary very little from a performance perspective, the customer may choose a better-capitalized company like JinkoSolar instead of Yingli or LDK, or even move to a U.S. company like First Solar (NASDAQ: FSLR ) or SunPower (NASDAQ: SPWR ) . As financial conditions get worse at these companies more and more customers leave and the problems get worse, creating a downward spiral. LDK and Suntech are the poster children for this and are a major reason investors need to stick with quality in solar. � I've been down on LDK Solar since I began predicting its failure in 2011. Investors interested in g - [By Joshua Bondy]
Traditional solar panel manufacturers
First Solar (NASDAQ: FSLR ) and�SunPower� (NASDAQ: SPWR ) are hard at work to produce more efficient PV panels with fewer materials. First Solar recently signed an�agreement�with GE where it will�receive�a�significant�patent portfolio to help improve its�products, while GE will get an�equity�stake in First Solar. SunPower is hoping to improve its average efficiency from 21% in 2012 to 23% in 2015, while pushing its cost per watt down 35% in the same time frame.�
5 Best Solar Stocks To Own Right Now: DAQQ New Energy Corp.(DQ)
Daqo New Energy Corp., together with its subsidiaries, manufactures and sells polysilicon in China. The company sells its polysilicon to photovoltaic product manufacturers for use in the processing of ingots, wafers, cells and modules for solar power solutions. It also produces and sells mono-crystalline and multi-crystalline modules to photovoltaic system integrators and distributors in China and internationally under its Daqo brand. The company was formerly known as Mega Stand International Limited and changed its name to Daqo New Energy Corp. in August 2009. Daqo New Energy Corp. was founded in 2006 and is headquartered Wanzhou, the People?s Republic of China.
Advisors' Opinion:- [By Garrett Cook]
Energy shares dropped around 0.22 percent in today’s trading. Top decliners in the sector included Daqo New Energy (NYSE: DQ), PDC Energy (NASDAQ: PDCE), and YPF SA (NYSE: YPF).
- [By Garrett Cook]
Energy shares dropped around 0.22 percent in today’s trading. Top decliners in the sector included Daqo New Energy (NYSE: DQ), PDC Energy (NASDAQ: PDCE), and YPF SA (NYSE: YPF).
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