Solar Stocks Weekly Report – Week ending December 10, 2006
Down week for Oil meant that the only the quality and profitable solar stocks ended the week up in positive territory.
Key highlights:
- Crude Oil closed the week down 2.19%
- Suntech Power (NYSE: STP) had another strong week as the stock closed the week up 8.19%. I updated my list of positive news for Suntech Power Holdings.
- MEMC Electronics (NYSE: WFR) jumped on positive comments from an Soleil Securities Group analyst.
- Canadian Solar Inc (Nasdaq: CSIQ) continued to drift lower.
- SunTech Power: 8.19%
- MEMC Electronics: 5.58%
- SunPower Corp: 4.22%
- Nasdaq: 1.00%
- S&P 500: 0.94%
- Dow: 0.93%
- PS WILDERHILL ENR: 0.67%
- Spire Corp: -0.61%
- First Solar Inc: -1.29%
- Crude Oil: -2.19%
- Energy Conv: -2.96%
- Evergreen Solar: -3.86%
- Hoku Scientific: -7.17%
- Canadian Solar Inc: -8.84%
- Daystar Tech: -13.99%
* I am long STP and ESLR
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