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Suntech: A worthy solar play

 Jul 28, 2009 06:50 PM UTC
Return Risk
+1.82% MID
Tracked Blogger
Symbol Sentiment Start Return Closed
STP Positive 07/28/09 -18.14% --

Graphic_arrow1 Via BloggingStocks:  

Filed under: Suntech Power Hldgs ADS (STP), Stocks to Buy

In general, I've argued against solar plays, due to the sector's adolescent and volatile status, and against China-based plays, but there have been a few exceptions, and Suntech Power (NYSE: STP) qualifies as one.

It now appears that Suntech will benefit from China's solar subsidy program, as well as U.S. government initiatives to invest in renewable energy. Further, reduced selling prices moving forward should increase demand for Suntech's products.

Continue reading Suntech: A worthy solar play

Suntech: A worthy solar play originally appeared on BloggingStocks on Tue, 28 Jul 2009 13:50:00 EST. Please see our terms for use of feeds.

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