Solar Ricardo

Solar Ricardo

Thursday, August 27, 2015

Solar and the Stock Market

As of this writing, the global economy is on an insane roller coaster and US stocks have lost $2.1 Trillion in the last week. Do we have any idea what this means for solar?

trina-solar-limited-adr-tsl-reports-strong-earnings-stock-up-244The recent problems began with news of a cooling Chinese economy, and this is important to solar watchers for a number of reasons. Although no one can say for sure how long the stock sell-off will last, some solar market watchers are looking at the implications for the solar industry in both the near and long term. Many investors are watching companies like Trina solar, who are being dragged down with the rest of the market, as good opportunities to buy and hold. Professional investors at Seeking Alpha believe that Trina, Junko and other Chinese solar manufacturers that have sound financial fundamentals and are showing growth may be looking at a strong rebound when the market finishes its correction.
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