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Wednesday, April 24, 2024

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  1. phil

    Solar stocks up big; SunEdison leads pack on Einhorn disclosure

    03:56 PM ET · TAN

    • Solar stocks are among the biggest winners (TAN +5.2%) on a good day for momentum stocks.
    • SunEdison (SUNE +11.6%) is leading the pack after David Einhorn disclosed he has added to the position he started in Q4, and predicted lower solar costs and rising electricity prices should make the company a “winner.” Einhorn is less crazy about tech momentum plays in general.
    • Meanwhile, Canadian Solar is benefiting from a Japanese module deal, and SunPower (SPWR +6.5%) and SolarCity (SCTY +6.4%) are getting a lift from a Goldman note calling the companies its two best solar ideas. SunPower reports on Thursday.
    • Other notable gainers: YGE +7.9%. DQ +9.2%. JKS +7.4%. SOL +6.8%. HSOL +6.7%. ENPH +6.2%. JASO +4.5%.
    var isMC=true; var adSize=’320×50′; var ord = Math.floor(Math.random()*10e12); var seekingalpha_ad_src=’http://ad.doubleclick.net/N6001/adj/sek.mobile/app;sz=320×50,320×250;x=x;tile=1;d=mobile;t=app;mcid=true;mcid=1686133;d=etf;s=TAN;s=SUNE;s=SPWR;s=SCTY;s=YGE;s=DQ;s=JKS;s=SOL;s=HSOL;s=ENPH;s=JASO;’+dart_my_vocation_and_profiles()+’ord=’+ord+’;dev=ip?’; document.write(”);



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