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Renewable Energy Stocks Sector Close-Up on Solar Stocks; Solar Investors See Gains From Sector Leaders
Long-Term Outlook for Solar and Renewable Energy Stocks Remains Bullish
| Source: RenewableEnergyStocks.com; XsunX; Clear Skies Holdings, Inc.
POINT ROBERTS, WA and DELTA, BC--(Marketwire - January 25, 2008) -
www.RenewableEnergyStocks.com, a leading investor news and research portal
for the renewable energy sector within Investorideas.com, presents a sector
close-up on solar stocks. With the recent sell-off in the markets in
general, solar stocks also took a major hit, loosing significant gains made
in 2007. Yesterday's trading in solar leaders gave investors renewed
optimism and faith in the long-term prospects for the sector.
Most renewable energy analysts think the long-term outlook is bullish and
investors should look at this as a selective buying opportunity.
To quote our on-site solar expert, J Peter Lynch: "This in no way alters my
bullish view of our bright solar future and solar stocks in general. I just
think we are in a period of transition where there will still be plenty of
money to be made, but investors will just have to be more savvy and
selective in their investments."
Another analyst, Pavel Molchanov, from Raymond James, noted earlier this
week, "While we clearly do not rule out the possibility of further
volatility, we would encourage investors to think long-term, ride out the
current storm, and use this as an opportunity to accumulate shares."
Sector Close-Up as of Trading January 24, 2008
Akeena Solar Inc. (Market,
News) closed at $8.13, up $1.08 on the day and showed further gains in
after market trading.
Evergreen Solar Inc. (Market,
News) shares were up only $ 0.19 on the day but showed a 5.2% gain in
after market trading.
First Solar, Inc. (Market,
News) gave investors a $6.72 upside during market hours, followed by
another 2.65% gain after hours.
LDK Solar ADR (Market, News)
was up 2.64 (7.55%) as of the market close.
Canadian Solar Inc. (Market,
News) posted gains of $1.64, up 9.36%.
SunPower Corporation (Market,
News) broke the daily trend with the stock down $5.04 (6.79%) during
market trading, but showing gains after hours. The stock was under pressure
on the news of a first-quarter adjusted profit outlook.
For investors following solar stocks, the RenewableEnergyStocks.com website
provides a comprehensive list of photovoltaic and solar stocks to research.
Investorideas.com and RenewableEnergyStocks.com will be hosting an online
investor conference, March 21, 2008, giving investors free online access to
industry and investing perspective in the greentech sector. Solar companies
Akeena Solar, Clear Skies Group, Inc. (OTCBB : CSKH ) and XsunX: (OTCBB : XSNX ) will present in the company of some of the leading experts in the
industry. Conference Info:
http://www.investorideas.com/Forums/Portals/Green2.aspx
Featured Showcase Solar Company: Clear Skies Holdings, Inc. (OTCBB : CSKH ),
through its wholly-owned subsidiary, Clear Skies Group, Inc. ("CSG")
provides full service renewable energy solutions to commercial, industrial,
and agricultural clients across the United States. CSG's combination of
proprietary technology and high-tech solutions with construction expertise
has enabled CSG to become one of the nation's premier solar electric
installation companies. More info can be found on the Investorideas.com Company Showcase, or the
company website at www.clearskiesgroup.com.
Featured Showcase Solar Company XsunX (OTCBB : XSNX ): Based in Aliso Viejo,
Calif., XsunX is developing amorphous silicon thin film photovoltaic (TFPV)
solar cell manufacturing processes to produce TFPV solar modules. To
deliver its products the Company has begun to build a multi-megawatt TFPV
solar module production facility in the United States to meet the growing
demand for solar cell products used in large scale commercial projects,
utility power fields, and other on-grid applications. Employing a phased
roll out of production capacity, it plans to grow manufacturing capacities
to over 100 megawatts by 2010. More info on XsunX, Inc. can be found on our
media profile at: http://www.investorideas.com/co/xsnx/default.asp or
http://www.xsunx.com/
About Our Green Investor Portals:
www.RenewableEnergyStocks.com is one of several green investor portals
within Investorideas.com and provides investors with stock news, exclusive
articles and financial columnists, audio interviews, investor conferences,
Blogs, and a directory of stocks within the renewable energy, clean tech
and fuel cell sectors.
Disclaimer: Our sites do not make recommendations. Nothing on our sites
should be construed as an offer or solicitation to buy or sell products or
securities. We attempt to research thoroughly, but we offer no guarantees
as to the accuracy of information presented. All Information relating to
featured companies is sourced from public documents and/ or the company and
is not the opinion of our websites. This site is currently compensated by
featured companies, news submissions and online advertising. * XsunX and
Clear Skies Holdings compensate the website $5000 per month.
www.InvestorIdeas.com/About/Disclaimer.asp