Evergreen Solar is definitely a very interesting pick for a 2+ year long term investor. Today JP Morgan went through the whole solar sector and upgraded ESLR. They should be a HUGE player in the Solar business and thanks to their cutting edge Wafer technology they should be able to also compete with Thin Film competitors (First Solar is the leader) and they offer great growth margins and potential profits over the long term.
ESLR also has a Backlog of contracts in the area of $2.8 billion to $3.4 billion and is a solid long term revenue potential for Evergreen Solar! We see a $5-$6 price target by years end.
Ludlow Energy Ventures says:
The Company has been beating down with the overall market and energy prices over the past 6 months. But, with the added push for clean tech infrastructure build out over the next few years, and the expected ease to the overall credit markets, ESLR now offers a more reasonable valuation entry point for investors looking to play the US based solar sector.
Market Club has a very interesting take on how ESLR is playing out after the past volume surge. The “Trade Triangles” paint the picture. CLICK HERE and just enter the ticker (ESLR) your name and e-mail address for the FREE No strings Attached Report sent realtime to your in-box!
Market Guardian,
I would love to feature this article on my solar news site – solarfeeds.com – with your permission. I will linkback, etc. and even set up your blog as a contributor if you want. please email me to discuss. thanks!
scott w
solarfeeds.com