Buy ReneSola (SOL) to Capitalize on Soaring Solar
Aug 13th, 2008 | By J. Christoph Amberger | Category: Featured, Financial NewsMonday’s alt energy results can be summed up in four words: Solar shines. Fuels flop.
Quarterly earnings tripled for Chinese solar maker LDK Solar (NYSE:LDK) on soaring demand for solar power, while ethanol producer Pacific Ethanol (NASDAQ:PEIX) reported a wider-than-expected loss on surging corn prices.
J. Christoph Amberger in Today’s Financial News says these results create a great opportunity for investors. Yesterday, shares in LDK Solar rose 15 percent. And J. Christoph reckons solar maker ReneSola (NYSE:SOL) may now do the same…