Sunday, October 12, 2008
On the Radar
On the radar for the second week in a row are Solar stocks. Solar stocks have been beaten down for the past few weeks due to the falling prices of oil. AS for now they are poised to move higher but the question is when. After the 700 billion dollar bailout plan was passed the solar industry was given 8 years tax credits that were included in the bailout plan. With the plan in place it will provide additional resources need to boost the bottom line of many solar companies doing business in the United States. The stocks on the radar are companies such as (WWAT) World Water & Solar Technologies, (AKNS) Akeena Solar, (ASTI) Ascent Solar, (SOLR) GT Solar International, (BSRC) Bio Solar, (RSOL) Real Good Solar, (FSLR) First Solar, (SPWRA) Sun Power, (FSLR) First Solar, and (STP) Suntech Power Holdings.
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