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Stock Pick by Zi Pan

SOL: SOL has strong growth and here's the support

Start trading SOL with real money!

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3 ratings
Posted 3337 days ago on 5/05/08

SOL will go UP
$6.00 on 8/05/08
$2.63 (-23.99% from time of market call)
$22.89 (561.56%)
on 5/22/08

Renesola. I believe SOL is one of the cheapest (by valuation) solar plays in the sector. I expect the company to deliver a large upside surprise when they release earnings this month. Q1 2007 Revenue: $36.6M Q1 2007 Earnings: $8.9M Q4 2007 Revenue: $96.0M Q4 2007 Earnings: $17.5M It is reasonable to assume they will grow their top and bottom lines by at least 30% from last quarter (Q4 2007). With this in mind, you can project Q1 2008 numbers: Q1 2008 Revenue (estimated): $124.8M Q1 2008 Earnings (estimated):$ 22.7M Being conservative, they are on track to beat Q1 2007 revenue by 300% and earnings by 250%. Keep in mind they have raised 2008 guidance and output capacity just a few weeks ago, and reiterated margins will remain stable through 2008.

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Posted 5/9/2008, 4:45 pm

i think i just received SOMETHING for april. I beat the S&P by 3% and don't know how much i received for it..

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