Renewable Energy Stocks Sector Close-Up on Solar Stocks; Solar Stocks Light Up Thanks to First Solar Earnings
Investors Get Encouraging Signs for Solar Technology
Point Roberts, WA, February 16, 2008 --(PR.com)-- RenewableEnergyStocks.com, a leading investor news and research portal for the renewable energy sector within Investorideas.com, presents a sector close-up on solar stocks. First Solar was the bright star of the sector, leading solar stocks on a rally reminding investors of the performance and gains of 2007.
Renewable Energy Stocks solar expert, J Peter Lynch, commented, "First Solar's Q4 07 announcement today dramatically exceeded the street's general consensus resulting in an 20% gain in the stock which was oversold technically in the short term."
Sector Close-Up as of Trading February 13, 2008:
First Solar, Inc beat the street and rewarded investors with a $52.90 (30.13%) gain with earnings of $62.9 million, 77 cents per share, compared with $8 million, or 12 cents per share, in the year-ago quarter. The rally continued in after market trading with additional gains. Revenues for the fiscal year ended December 29, 2007 were $504.0 million, up from $135.0 million in fiscal year 2006.
Clear Skies Solar, Inc. had a daily gain of 5.71%. According to Ezra Green, “FSLR earnings are further proof that the Solar sector is viable and here to stay. We at CSKH are committed to the growth of solar energy by introducing new technologies and innovative methods of integrating solar technology into every sector of the commercial & industrial arena, we applaud their success."
Akeena Solar Inc. closed up 5.56%.
Evergreen Solar Inc shares were up 1.23 (12.17%) and another 2.20% in after market trading.
LDK Solar ADR had gains of $2.12 (6.32%).
Canadian Solar Inc. radiated, up $2.60 (12.87%).
China Sunergy Company Ltd. was another bright star up 6.87%.
SunPower Corporation followed the pack with an $8.82 (12.37%) gain.
Yingli Green Energy Holding Company Limited rallied up 16.6 %.
"The solar industry is well on its way towards attaining a significant presence within the broader electric power industry, and as evidenced by the rise in reported revenues by solar manufacturers, is poised for continued strong growth over the foreseeable future," stated Tom Djokovich, CEO of XsunX, Inc.
For investors following solar stocks, the RenewableEnergyStocks.com website provides a comprehensive list of photovoltaic and solar stocks to research.
Investorideas.com and RenewableEnergyStocks.com will be hosting an online investor conference, March 21, 2008, giving investors free online access to industry and investing perspective in the greentech sector.
Solar companies Akeena Solar, Clear Skies Group Inc and XsunX will present in the company of some of the leading experts in the industry. Conference Info: investorideas.com/Forums/Portals/Green2.aspx
Featured Showcase Solar Company: Clear Skies Solar, Inc. More info can be found on the Investorideas.com Company Showcase or the company website.
Featured Showcase Solar Company XsunX: More info on XsunX, Inc. can be found on our media profile or the company website.
About Our Green Investor Portals:
RenewableEnergyStocks.com® is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences, Blogs, and a directory of stocks within the renewable energy, clean tech and fuel cell sectors.
Disclaimer:.InvestorIdeas.com/About/Disclaimer.asp
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com,
Source: RenewableEnergyStocks.com, XsunX, Clear Skies Holdings, Inc
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Renewable Energy Stocks solar expert, J Peter Lynch, commented, "First Solar's Q4 07 announcement today dramatically exceeded the street's general consensus resulting in an 20% gain in the stock which was oversold technically in the short term."
Sector Close-Up as of Trading February 13, 2008:
First Solar, Inc beat the street and rewarded investors with a $52.90 (30.13%) gain with earnings of $62.9 million, 77 cents per share, compared with $8 million, or 12 cents per share, in the year-ago quarter. The rally continued in after market trading with additional gains. Revenues for the fiscal year ended December 29, 2007 were $504.0 million, up from $135.0 million in fiscal year 2006.
Clear Skies Solar, Inc. had a daily gain of 5.71%. According to Ezra Green, “FSLR earnings are further proof that the Solar sector is viable and here to stay. We at CSKH are committed to the growth of solar energy by introducing new technologies and innovative methods of integrating solar technology into every sector of the commercial & industrial arena, we applaud their success."
Akeena Solar Inc. closed up 5.56%.
Evergreen Solar Inc shares were up 1.23 (12.17%) and another 2.20% in after market trading.
LDK Solar ADR had gains of $2.12 (6.32%).
Canadian Solar Inc. radiated, up $2.60 (12.87%).
China Sunergy Company Ltd. was another bright star up 6.87%.
SunPower Corporation followed the pack with an $8.82 (12.37%) gain.
Yingli Green Energy Holding Company Limited rallied up 16.6 %.
"The solar industry is well on its way towards attaining a significant presence within the broader electric power industry, and as evidenced by the rise in reported revenues by solar manufacturers, is poised for continued strong growth over the foreseeable future," stated Tom Djokovich, CEO of XsunX, Inc.
For investors following solar stocks, the RenewableEnergyStocks.com website provides a comprehensive list of photovoltaic and solar stocks to research.
Investorideas.com and RenewableEnergyStocks.com will be hosting an online investor conference, March 21, 2008, giving investors free online access to industry and investing perspective in the greentech sector.
Solar companies Akeena Solar, Clear Skies Group Inc and XsunX will present in the company of some of the leading experts in the industry. Conference Info: investorideas.com/Forums/Portals/Green2.aspx
Featured Showcase Solar Company: Clear Skies Solar, Inc. More info can be found on the Investorideas.com Company Showcase or the company website.
Featured Showcase Solar Company XsunX: More info on XsunX, Inc. can be found on our media profile or the company website.
About Our Green Investor Portals:
RenewableEnergyStocks.com® is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences, Blogs, and a directory of stocks within the renewable energy, clean tech and fuel cell sectors.
Disclaimer:.InvestorIdeas.com/About/Disclaimer.asp
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com,
Source: RenewableEnergyStocks.com, XsunX, Clear Skies Holdings, Inc
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Contact
RenewableEnergyStocks.com
Dawn Van Zant
800-665-0411
www.renewableenergystocks.com
Dawn Van Zant
800-665-0411
www.renewableenergystocks.com
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