North Coast Solar Stocks

February 22, 2007

JASO IPO Looks Good

Filed under: JASO — Tags: — Jason @ 12:26 pm

February 16, 2007

Solar Power Shines As Gov’t Aid, Tech Spur Sunny Climate

Filed under: CSIQ, FSLR, JASO, SOLF, SPWR, STP, TSL — Tags: , , — Jason @ 12:00 am

BY VANCE CARIAGA
NVESTOR’S BUSINESS DAILY

Posted 2/16/2007

Sure, the sun does plenty of useful things — like make life possible for us earthlings. But until it could do something really impressive, like power a few million blow-dryers, Wall Street shrugged.

Now that solar energy is a viable source of electric power, investors have seen the light, so to speak.

Five companies that make technology used in solar energy systems have debuted on U.S. markets over the past three months. Another has filed for its initial public offering. They join two others that bowed in late 2005.

Six of the seven stocks trade above their opening prices. Most are profitable, and all eye rapid growth as technologies improve, costs decline and policymakers look to reduce dependence on fossil fuels.

“Most estimates have these companies growing at double and triple the market growth we’re seeing right now,” said Sam Snyder, research analyst at Renaissance Capital in Greenwich, Conn. “The reason you’re seeing them go public now is because they have good coverage in raw material needs and big customer orders in hand over the next year or two.”

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