Solar Power Stocks
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what are some good stock symbols for solar power and wind power that are less than 10 dollars?
Unfortunately I don’t know of any with those price parameters anymore. You asked too late.
TIMNF is now close to a $20 US stock. 4 months ago it was around $5 US. Timminco is the lowest cost producer of solar grade silicon metal/components. 2009 estimates for the company are $2.20 EPS. Another positive for the stock is you likely will realize currency gains with it as it is a Canadian company. I think the stock still has a decent upside if the estimates prove true but most of the easy gains with it have been made. The stock has appreciated from 25 cents a year ago.
ASYS is another company that you could research but it is now $14+ per share and there is more risk as it competes with the likes of Applied Materials and is reliant upon infrastructure spending within the solar industry which is not necessarily a given. The problem why I don’t recommend Applied Materials is their solar business is not a big contributor to their bottom line and is unlikely to make a huge impact given their other markets.
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