GT Solar (SOLR) continued its big surge off the bottom after announcing the first orders for its LED manufacturing equipment. Today, the stock got another boost when Wunderlich Securities said the company is way undervalued and would be an attractive buy out. The firm notes that SOLR has among the lowest PE ratios in the solar sector, just ahead of JA Solar (JASO). Ah, but the beauty of this company is that they are … Read the rest
Tag Archives: pacific crest securities
More On First Solar (FSLR) Grid Parity At El Dorado Energy Solar
In mid December, Alison first posted about the grid parity achieved by First Solar (FSLR) at the El Dorado Energy Solar facility. Since that time, FSLR has rocketed another 20% off the November lows and looks poised to test the next level of resistance around 180 within the next couple weeks. The LA Times is out this morning with more on the analysis from Mark Bachman of Pacific Crest Securities, who in mid December said … Read the rest