Solar stocks have been ripping higher over the couple months. Subsidies seem to be back in the mix for these companies and after the Gulf oil spill, alternate energy is back in favor regardless of recessions or depressions. Just in the last two months, First Solar, Inc. (NASDAQ:FSLR) has soared from $100.00 a high today of $139.07. China solar companies have been even hotter in the last two months with Trina Solar Limited (NYSE:TSL) jumping from $15.00 to a high today of $24.03. That is a gain over 50%.
Just in the last couple days, the micro cap solar companies have started to rip off their lows. DayStar Technologies Inc. (NASDAQ:DSTI) has run from $1.02 to a high of $2.47 in just the last two days. That is a gain of 142%. One of the few remaining solar stocks on the dead lows that is just starting to wake up today is Evergreen Solar, Inc. (NASDAQ:ESLR). With the run in DayStar Technologies and the rest of the solars running, it is highly likely in my opinion Evergreen Solar could jump much higher from here. If you would like more research, analysis, guidance, swing trades and education, join the Research Center.
Gareth Soloway
Chief Market Strategist
www.InTheMoneyStocks.com
