For Immediate Release
Chicago, IL – 02/08/2012 – Zacks highlights commentary from People and Picks Trader “horsedentist”.
For more Voice of the People, visit http://at.zacks.com/?id=5851
Solar Power: Is It Ready for Real This Time?
To me investing in solar is all about short periods of time because these stocks are so volatile. I read a few articles about solar lately. Costs of production are coming down because a key ingredient poly-silicon is in over abundance; price drop is 93% as of a few months ago.
This price drop has put solar energy production much closer to a breakeven. When countries in Europe started pulling the plug on government subsidies solar stocks tanked a few years ago. I'm looking SunPower (NasdaqGS:SPWR - News) on a pull back, like a lot stocks SPWR has been hot year to date.
GE (NYSE:GE - News) is building a huge solar panel plant. With production costs going down and the big guys (NYSE:GE - News) getting in Solar power is not going away. SPWR has some big name investment house attention lately with their 5 energy plays this year. When SPWR pulls back a little I'm in.
There are others names left in solar since the industry shake out last year. Solar is still a very risky trade but there are good signs that it could be rewarding risk.
About the Zacks Community
In 2008, Zacks Investment Research launched PeopleAndPicks.com, a stock-picking website where members of the Zacks community can test their strategies and share ideas with other members. Each user is scored on the accuracy of his or her picks, and top users are rewarded with free products from Zacks. Registration is free. To learn more about People And Picks, visit http://at.zacks.com/?id=5957
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Len Zacks. As a PhD from MIT Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3:1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit From the Pros by going to http://at.zacks.com/?id=5958.
Follow us on Twitter: https://twitter.com/zacksresearch
Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.
Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.
More From Zacks.com