Solar Bargains!

Solar Stocks October 19th, 2008

There are some serious solar stocks that are bargains right now.

We know that the solar trend is here to stay because its not a competing fuel with petroleum so lower petrol prices don\’t affect its growth.

One of the biggest obstacles to solar is the initial cost. The recent bailout bill had a major earmark for potential solar customers. The drawback is that the waning economy is going to cause middle class buyers to not purchase solar systems. However, wealthier individuals are now more likely to buy a setup.

So with that said, lets look at the solar stocks that are rated cheap on a fundamental valuation basis.

All of these solar stocks have PE\’s under 10 except for CY, but its PE is 10.5.
JASO, TSL, SOLF, SOL, LDK, CY (technically a semi co. with a large stake in SPWR), CSIQ, YGE, SOLR, CSUN, STP, and ESLR.

So if the same growth prospects are still on the table for solar companies, then these stocks are cheap.



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