Long Shot: A Potential Ray of Light in Solar
Real Money's Long Shot column is dedicated to trading ideas that are highly risky, but which present an opportunity for significant payoff if they work. Such ideas are sometimes characterized as "lottery tickets" and are for only the most risk-tolerant investors, as the potential for 100% loss is high.
The solar industry is an unmitigated disaster at the moment, with nearly every company suffering from the combination of slower demand and massive overcapacity due to the aggressive entry of Chinese suppliers. Many of the leading names in the space, such as First Solar (FSLR), Yingli Green Energy (YGE) and Trina Solar (TSL), have vastly reduced profitability, with their stock prices down 80% or more from the highs. Solar-panel prices have plunged, and many panel manufacturers have single-digit gross margins....650 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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