LDK Solar and Energy Conversion Devices -- Poised to Rebound in Stronger Pricing Environment
14 January 2012 - 12:20AM
Marketwired
After a challenging 2011, the solar industry has rallied in the
early stages of the year. Several solar stocks collapsed more than
60 percent last year as prices for the panels that turn sunlight
into electricity fell sharply, cutting profit margins for the
companies that manufacture them, Reuters reports. The Paragon
Report examines investing opportunities in the Solar Industry and
provides equity research on Energy Conversion Devices, Inc.
(NASDAQ: ENER) and LDK Solar Co. (NYSE: LDK). Access to the full
company reports can be found at:
www.paragonreport.com/ENER
www.paragonreport.com/LDK
On Wednesday, shares of solar makers skyrocketed after figures
showed an impressive surge in new solar installations in Germany in
the fourth quarter and higher prices on polysilicon. Avian
Securities analyst Mark Bachman said polysilicon was selling for
about $30 a kilogram on the spot market after bottoming at around
$24.
Meanwhile, after ending 2011 as one of the worst performing
sectors, solar stocks and ETFs may now be undervalued, Deutsche
Bank says.
The Paragon Report provides investors with an excellent first
step in their due diligence by providing daily trading ideas, and
consolidating the public information available on them. For more
investment research on the solar industry register with us free at
www.paragonreport.com and get exclusive access to our numerous
stock reports and industry newsletters.
Energy Conversion Devices, Inc., through its subsidiaries,
designs, manufactures, sells, and installs thin-film solar
laminates that convert sunlight to renewable energy. Shares of the
company skytockered earlier this week after the company's
subsidiary, United Solar, announced the commercial launch of the
world's first solar-powered cover for the Amazon Kindle™ e-reader
by SolarFocus Technology Co., Ltd., a leader in solar-powered
portable products.
The Paragon Report has not been compensated by any of the
above-mentioned publicly traded companies. Paragon Report is
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that all investment entails inherent risks. Please view the full
disclaimer at http://www.paragonreport.com/disclaimer
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