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Thursday, November 20, 2008

Solar stocks are an incredible buy right now

I pulled up some stock charts and was amazed to see that many solar companies are down 50%-80% in the last MONTH!

As Sylvester the cat used to say "This is Ridiculous!"

So let me start (some would say continue) to pound the table. Now is a good time to buy, buy, buy! In a year or two you'll wish you had.

These are growing, profitable businesses that are getting clobbered in the credit market turmoil.

Yes there is a lot of uncertainty about both supply and demand. More silicon supply (what 85% of solar cells are made of) is coming onto the market at the same time that demand is rather uncertain because of the Global Markets Crash (and the flight to safety dollar rally).

It is my fundamental belief that demand will recover as credit markets ease and lower prices propagate along the supply chain over the coming 2-3 quarters.

1 Comments:

At 10:27 AM, Blogger scott said...

Daniel,
I am a reader and fan of your blog. I am also the creator of Solar Feeds, which is a Solar news network. I would like to feature your solar related articles on solarfeeds.com, making you a contributor. Each contributor is furnished with a bio page with their logo, bio/about, and links to homepage (and any other links if you want). There is also a bio box that appears along the sidebar of all the pages with your articles. Solar Feeds is quickly becoming one of the go to destinations for solar news, and I would really like you to be a part of it. Take a look around the site and let me know your thoughts. Thanks, and keep up the good work over there. On a differnt subject, I am also the creator of the greenbar toolbar and would happy to list your site on there.

Scott Weitzman
www.solarfeeds.com

 

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