Aug 24
Which solar stock to buy?
Category: Q&A
I see that the solar market is heating up fast. Which stock to buy? Should I buy a solar company or a crystal wafer supplier (like WFR) that supplies the raw materials? FSLR has soared really high, more room to go up or not? Pl advise. thanks.
Tags: pl, raw materials, solar company, stock, wafer supplier, wfr
August 24th, 2010 at 6:37 am
STP – Suntech Power Holdings. Compared to FSLR, it’s a steal at 53 times earnings. The stock price of STP is also less than half. It all depends on your investable assets. These stocks are somewhat speculative and I would be careful with either as they are at their 52 week high. You would be at the "buy high" which is the opposite of the general theory of investing.
Ron, ChFC