Solar power stocks

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Why First Solar (Nasdaq: FSLR) Stock Is Oversold

By , Associate Editor, Money Morning • @DavidGZeiler -

FSLR stock

It's not as dark for FSLR stock as it looks.

First Solar Inc. (Nasdaq: FSLR) stock took a 7.28% hit Tuesday after a brutal downgrade by RBC Capital Markets. FSLR shares closed at $51.06, down $4.01 on the day.

RBC analyst Mahesh Sanganeria warned that Tempe, Ariz.-based First Solar would not meet its revenue and profit targets this year and next. And he whacked his 12-month price target from $54 to $34.

But FSLR stock is not the disaster that Sanganeria described in his note...

Is SolarCity (SCTY) Stock a Buy Now?

By , Associate Editor, Money Morning • @DavidGZeiler -

SCTY stock

With many analysts bullish on SCTY stock right now, should investors buy it?

The short answer: Probably not. But you can't blame investors for being tempted by SolarCity Corp. (Nasdaq: SCTY) shares. Solar power is an industry growing at a very fast pace.

And while SolarCity is taking advantage of that growth, there's a darker side to this story.

Before you buy SCTY stock, you need to read this…

These 3 Stocks to Buy Now Will Surge on Solar Power's Arrival

By , Associate Editor, Money Morning • @KyleAndersonMM -

Stocks to buy

The price of solar power has long kept solar companies off of investors' "stocks to buy" lists. But thanks to advances in the industry, costs are becoming much more affordable.

These developments with solar power mean one thing for investors: There are solar power stocks to buy that will take off as the industry grows.

Here’s a look at three that could be the hottest long-term winners…

Investing in Alternative Energy Stocks: Five Solar Power Winners

By , Money Morning -

It has been a tough year for solar power.

Solyndra famously imploded, the price of polysilicon dropped 60%, and a glut of natural gas has made it the "new" alternative energy source.

But make no mistake about it: alternative energy stocks are going to be long-term winners-especially for solar power investors.

For instance did you know that Germans are initiating a campaign valued at more than $260 billion to harness wind and solar power. It is already being called the biggest restructuring of the national energy landscape since the end of World War II.

Or that China plans to double its solar power capacity by installing three GW this year, according to China Daily.

And despite the recent declines, analysts expect European demand to rise again in 2012. UBS forecasts that solar power generation will rise from 21 GW in 2011 to 25 GW in 2012.

What's more, solar panel prices are expected to stabilize as a result of tighter inventories and improving demand.

That's increasing talk within the industry that pure-play alternative energy stocks could be gobbled up by oil companies or large-scale manufacturers.

With that in mind here are five solar power possibilities, including innovative companies, takeover targets, and companies that can compete on cost.



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Looming Loss of Federal Incentives Darkens Future of Solar Power Stocks

By , Associate Editor, Money Morning • @DavidGZeiler -

The reduction or elimination of several federal energy subsidy programs later this year could further dim prospects for solar power stocks - bad news for a sector already in a months-long slump.

The goal of the programs, which include loan guarantees and grants, was to support the early stage growth of renewable energy companies until they became viable enough to attract conventional investors.

But several of the federal programs created as part of the 2009 stimulus package have expiration dates that assumed the economic woes of the recession would have eased by now.

Instead you have a solar power industry worried about what happens after the programs begin to expire - the first as soon as Sept. 30.

"Is the solar industry going to die if we lose these programs? No, but we're going to stall," Roger Efird, managing director of Suntech America, a subsidiary of Suntech Power Holdings Co. Ltd. (NYSE ADR: STP) told USA Today.

Helped by such programs, the solar industry grew 67% last year, but could see that growth flatten as cash-strapped governments both in the United States and Europe begin to cut back.

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