Solar Stocks Sector Close-Up August 18th, Barclays Capital analyst Vishal Shah Comments on Solar Stocks

Solar Stocks Sector Close-Up August 18th, Barclays Capital analyst Vishal Shah Comments on Solar Stocks

Barclays Capital analyst Vishal Shah Raises Ratings on Trina Solar Limited Sponsored A (NYSE:TSL), Renesola Ltd. Common Shares of (NYSE:SOL)


August 18 , 2010 - ( Investorideas.com renewable energy/green newswire ) Investorideas.com a leading global investor and industry portal covering the green and renewable energy sector release a sector close-up on solar stock for trading August 18th following upgrades by Barclays Capital analyst Vishal Shah.

Analyst Comment by Vishal Shah at Barclays Capital
http://pulse.alacra.com/
Barclays Capital analyst Vishal Shah this morning raised his ratings on both ReneSola (SOL) and Trina Solar (TSL) to Overweight from Equal Weight, asserting that the Street is too bearish on expectations for the solar industry for 2011.
Barclays Capital analyst Vishal Shah this morning raised his ratings on both ReneSola (SOL) and Trina Solar (TSL) to Overweight from Equal Weight, asserting that the Street is too bearish on expectations for the solar industry for 2011. Shah says solar stocks appear to be discounting a scenario of flat industry shipments in 2011 along with a module ASP decline of over 15%. But he thinks industry volumes will actually grow at least 20%, with ASP declines in line with expectations. He sees demand for next year at 16 GW, well above the Street consensus at 13.7 GW
More info: http://pulse.alacra.com/analyst-comments/Vishal_Shah-A10782


Sector Snapshot – Sector Gains
HOMEBUILDER 2.1%
GOLD 1.6%
RETAIL 1.4%
SOLAR 1.4%
AGRICULTURE 1.3%
STEEL/IRON 1.3%
AIRLINE 1%
BANK 0.9%
SEMICONDUCTOR 0.9%
NETWORK 0.8%

18 Aug, 12:25pm ET (delayed)

Solar Stocks Sector Close-Up, Trading

Ascent Solar Technologies, Inc. (NasdaqGM: ASTI) trading at $ 2.35, up 0.04 (1.73%) 12:22PM EDT
Canadian Solar Inc. (NasdaqGM: CSIQ) trading at $ 11.79, up 0.14 (1.20%) 12:47PM EDT
First Solar, Inc. (NasdaqGS: FSLR) trading at $ 125.84, down 0.02 (0.02%) 12:51PM EDT
JA Solar (Nasdaq: JASO) trading at $ 5.87, down 0.02 (0.34%) 12:52PM EDT
JinkoSolar Holding Company Limi (NYSE:JKS) trading at $ 24.50, up 2.77 (12.75%) 12:53PM EDT
Renesola Ltd. Common Shares of (NYSE:SOL) trading at $ 8.38 0.38 (4.75%) 12:53PM EDT
Solarfun Power Holdings Co., Lt (NasdaqGS: SOLF) trading at $ 10.86, up $ 0.09 (0.84%) 12:49PM EDT
SunPower Corporation (NasdaqGS: SPWRA) trading at $ 11.65, down 0.02 (0.17%) 12:54PM EDT
Suntech Power Holdings Co. Ltd (NYSE:STP) trading at $ 9.06, up 0.07 (0.78%) 12:54PM EDT
Trina Solar Limited Sponsored A (NYSE:TSL) trading at $ 23.53 1.10 (4.90%) 12:56PM EDT
Yingli Green Energy (NYSE: YGE) trading at $ 11.38 0.48 (4.40%) 12:56PM EDT
XsunX Inc: (OTCBB: XSNX) trading at $0.10

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