Solar Stock Report: Jan. 12-16, 2009

Another shaky Wednesday...

The Dow Jones Industrial Average is off to its worst January start ever. Wednesday's drop of 248.42 points was even worse than the previous Wednesday drop of 245.4. This week's drops for both DJIA (-181.6, -2.25%) and NASDAQ (-12.2, -.08%) could have been worse if not for a rally today when both indexes were up slightly from the end of trading yesterday.

Of all 20 solar stocks in this list only Applied Materials, GT Solar and WorldWater/Entech finished up from this week's beginning. On Monday, WorldWater officially changed its name to Entech Solar and is moving its headquarters from Ewing, New Jersey to Ft. Worth, Texas to manufacture concentrated photovoltaic modules. CPV appears to be the next generation of lower-cost modules for utility-scale projects.

It was decided to stay with this list of stocks as 19 are available on at NYSE or NASDAQ and one (WW/Entech) on the over-the-counter board.

It will be interesting to see how the stock market, solar stocks in particular, will be affected by America's new political direction starting Tuesday. Stay tuned for the next four years!


Week of: Jan 12-16, 2009

Symbol/Name Monday Friday +/- % Change

DJIA/Dow Jones 8474.05 8292.45 -181.6 -2.15

NASDAQ 1538.79 1526.59 -12.2 -.08

Akeena Solar AKNS 2.20 2.17 -.03 -1.37

Amtel Systems ASYS 4.35 4.19 -.16 -3.68

Applied Mat. AMAT 10.00 10.13 +.13 +.013

Canadian Solar CSIQ 5.92 5.27 -.65 -10.98

ECD (UniSolar) ENER 26.43 26.00 -.43 -1.63

Evergreen Solr ESLR 3.01 2.85 -.16 -5.32

First Solar FSLR 149.93 145.5 -4.43 -2.96

GT Solar Int. SOLR 3.60 4.44 +.88 +23.3

JA Solar JASO 4.11 3.07 -1.04 -25.31

Kyocera KYO 72.63 69.19 -4.44 -4.74

Symbol/Name Monday Friday +/- % Change

LDK Solar LDK 14.24 13.92 -.32 -2.25

MEMC Elect. WFR 15.92 14.76 -.32 -7.29

Renesola SOL 4.14 3.82 -.32 -7.73

Satcon SATC 1.61 1.51 -.10 -6.22

SolarFun SOLF 5.31 5.20 -.11 -2.08

SunPower SPWRA 34.89 33.46 -1.43 -4.10

SunTech STP 10.96 10.88 -.08 -.73

Trina Solar TSL 9.05 8.43 -.62 -6.86

WW-Entech WWAT.OB .345 .40 +5.55 +15.94

Yingli YGE 6.42 5.69 -.73 -10.38

Average % change for all solar stocks for week: -3.22


NOTE: All above stocks have market capitization of $100M+ except Akeena Solar, Amtel Systems and WorldWater/Entech Solar. This listing is strictly informational and implies neither endorsement or disapproval of any stock listed. Comments and suggestions are always welcome.