American Superconductor and Satcon Technology Brace for Asian Economic Slowdown
26 October 2011 - 11:16PM
Marketwired
Alternative energy stocks have been volatile in recent months as
concerns of slowing North American and European economies has led
to increased subsidy worries. In addition, the economy in China --
once viewed as a renewable energy hotbed -- has begun to cool off.
The Bedford Report examines the outlook for companies in the
Alternative Energy Sector and provides research reports on American
Superconductor Corporation (NASDAQ: AMSC) and Satcon Technology
Corporation (NASDAQ: SATC). Access to the full company reports can
be found at:
www.bedfordreport.com/AMSC www.bedfordreport.com/SATC
Despite being one of the world's most prominent polluters,
China's investments into clean technology far surpass the United
States -- due in part to China's $11.5 billion in asset-financing
for clean technology in the second quarter of this year. However,
China's third-quarter gross domestic product was up 9.1% from a
year earlier, slowing from 9.5% growth in the second quarter and
9.7% growth in the first, China's National Bureau of Statistics
said last week. Growth fell short of the median 9.2% forecast of 14
economists surveyed by Dow Jones Newswires.
The Bedford Report releases stock research on the Alternative
Energy Sector so investors can stay ahead of the crowd and make the
best investment decisions to maximize their returns. Take a few
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Alternative energy stocks are considered exceptionally
vulnerable during economic downturns as these companies are
dependent on subsidy programs. In addition, with global economic
concerns at a high, climate change worries have been pushed to the
backburner.
Analysts have not lost all confidence in the renewable energy
sector. Analysts at S&P go on to note that crisis at Japan's
Fukushima nuclear plant created "tremendous potential" in the land
of the rising sun.
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members. The Bedford Report has not been compensated by any of the
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