Best Solar Stocks 2014 - Canadian Solar Inc.
(CSIQ) is a solar stock to buy in 2014 given the huge drop we've seen during the summer. Shares of Canadian Solar
Inc. (CSIQ) are flat in 2014 with the stock trading around $28 per share. The company continues to sign
contracts and raise earnings and revenue guidance. Buy CSIQ below $25.
Canadian Solar Inc., together with
its subsidiaries, engages in the design, development, manufacture, and sale of solar power products worldwide. The company
offers solar wafers, cells, and solar module products that convert sunlight into electricity for various uses. Its products
include a range of standard solar modules for use in a range of residential, commercial, and industrial solar power generation
systems. The company also designs and produces specialty solar modules and products consisting of customized solar modules
that its customers incorporate into their products, such as building integrated photovoltaic modules, or BIPV modules; and
specialty products, such as portable solar home systems and solar-powered car battery chargers. In addition, it sells solar
system kits, a package consisting of solar modules produced by it; and third party supplied components, such as inverters,
racking system, and other accessories.
China Solar Stocks
- China is a bright spot in 2014 for solar stocks. As we head deeper into 2014, these chinese solar stocks
should continue to rise as long as they beat earnings. Below is a few china solar stocks worth mentioning.
JinkoSolar (JKS) - JinkoSolar (JKS) is a solar
product manufacturer. The Company has built a vertically integrated solar product value chain from recovered silicon materials
to solar modules. Its principal products are silicon wafers, solar cells and solar modules. The Company sells its products
in China and to overseas markets. In June 2009, the Company acquired Zhejiang Jinko Solar Co., Ltd (Zhejiang Jinko). In October
2010, the Company established a United States subsidiary with an office in San Francisco, California. In February 2012, the
Company announced the addition of an Australian subsidiary, JinkoSolar Australia Co; Ltd.
Trina Solar (TSL) - Trina Solar (TSL), an integrated solar-power products
manufacturer, engages in the design, development, manufacture, and sale of photovoltaic (PV) modules worldwide. The company
provides mono- and multi-crystalline silicon ingots, wafers, cells, and related products. It offers monocrystalline PV modules
ranging from 185 watts (W) to 210 W in power output; and multicrystalline PV modules ranging from 230 W to 310 W in power
output for use in a range of residential, commercial, industrial, and other solar power generation systems. The company also
designs and produces various PV modules, such as colored modules for architectural applications and larger sized modules for
utility grid applications. It sells its products primarily to power plant developers and operators, distributors, wholesalers,
and PV system integrators. Trina Solar Limited was founded in 1997 and is headquartered in Changzhou, the People’s Republic
Solar Penny Stocks to Buy
More Solar Penny Stocks - Ascent Solar Tech (ASTI)
- China Sunergy Co (CSUN)
LDK Solar (LDKSY) ($0.46) - LDK Solar Co., Ltd. (LDK) is a producer of
solar wafers in terms of capacity, and a solar module manufacturer. It sells multicrystalline and monocrystalline wafers to
manufacturers of solar cells and modules. Solar wafers are the principal raw material used to produce solar cells, which are
devices capable of converting sunlight into electricity.
Power Holdings Co. Ltd. (STPFQ) - Suntech Power Holdings Co. Ltd. (STPFQ) is a solar stock trading below $0.50.
As we get closer to 2015, STP could emerge from bankruptcy but the stock is trading around $0.50. I'm not sure if Suntech
will survive or not but keep an eye on shares in 2014.