Friday, April 1, 2011

Solar Stocks Ahead First Quarter


Winners: 13 Losers: 7


(Ed. Note: After my hard-drive crashed on Dec. 19, I was able to recover most of my data with the exception of some HTML code for this blog. Since then--and with the encouragement of some readers--I have been able to reconstruct this index which I intend to update monthly instead of weekly.)

The Dow Jones Industrial Average gained 828 points since this blogs last update Dec. 17 which is a 7% increase and ended the first quarter at 12320. NASDAQ composite gained 138 points or over a 5% and finishing March at 2781. For the most part issues in the 20 Solar Stocks Index surged as well gaining 73 points over the same period for an 18% total increase and finish the first quarter at 477.

Notable winners include Trina Solar, Yingli, Renesola, Sunpower and GT Solar all with 20%-plus gains. Losers are lead by ECD followed by Entech and Westinghouse Solar. It appears at this time it is too early to tell of the nuclear crisis in Japan will have a positive effect in solar power plans for the future. However, the solar industry will definitely get a boost from bill that past the California legislature this week that will require all of the state's utilities to get 33% of their electricity from renewable sources by 2020. The bill was sent to Gov. Jerry Brown's office for signature on Tuesday.

20 Solar Stocks Index as of 3/31/11

Close 12/17/11 Close 3/31/11 Up/Down % Change Close 1/5/09* Close 3/6/09**
Dow Jones DJIA 11491.91 12319.73
+827.82 +7.203% 8952.89 6626.95
NASDAQ 2642.97 2781.07
+138.10 +5.225 1628.03 1293.85






Amtel Systems ASYS 24.54 25.24
+.70 +2.852
4.00 2.73
Applied Materials AMAT 13.61 15.62
+2.01 +14.77 10.67 8.70
Canadian Solar CSIQ 12.68 11.28
-1.40 -12.41 7.00 3.0601
ECD (UniSolar) ENER 4.98 2.26
-2.72 -220.3 29.33 17.45
Entech Solar ENSL.OB .08 .05 -.03 -60.00 .28 .23
Evergreen Solar ESLR .599 1.35
+.751 +25.37 3.60 1.03
First Solar FSLR 133.25 160.84
+27.59 +20.70 157.80 108.49
GT Solar Int. SOLR 8.40 10.67
+2.27 +27.02 4.00 4.02
Hanwha SolarOne HSOL f/k/a Solarfun 8.45 7.58
-.87 -11.47 6.12 2.30

JA Solar JASO
6.67 7.01
+.34 +5.097 5.09 1.91
Kyocera KYO 101.98 100.91
-1.07 -.9909 71.87 54.21
LDK Solar LDK 10.05 12.24
+2.19 +21.79 14.84 4.40
MEMC Elect. WFR 11.08 12.96
+1.88 +16.97 15.76 13.68
Renesola SOL 8.02 10.55
+2.53 +31.54 5.15 2.1201
Satcon SATC 4.27 3.86
-.41 -10.62 1.60 1.23
SunPower SPWRA 13.52 17.14
+3.62 +26.77 45.13 23.39
SunTech STP 8.23 9.86
+1.63 +19.80 13.55 5.34
Trina Solar TSL 22.74 30.09
+7.35 +32.32 10.09 7.23
Westinghouse Solar (Akeena) WEST .55 .475
-.075
-15.78
2.28 .61
Yingli YGE 10.27 12.89
+2.62 +25.51
7.25 3.888
20SSI Weekly Cumulative: Previous 403.97 Current 477.42
Change +73.45/+18.18%
1/05/09* 415.41 3/06/09** 266.01
* The starting date of the 20 Solar Stock Index (20SSI).
** The Concensus "new" bull market began on Monday, March 9, 2009.
NOTE: All above stocks have market capitalization of $100M+ except Westinghouse Solar (formerly Akeena), Amtel Systems
and Entech Solar. This listing is strictly informational and implies neither endorsement or disapproval of any stock listed. Comments are always welcome.


allvoices

1 comment:

  1. Solar power is probably the cleanest, most viable form of renewable energy available and it can be used in several forms to help power your house.
    solar energy

    ReplyDelete

 

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