5 Best Solar Stocks To Watch Right Now: Canadian Solar Inc.(CSIQ)
Canadian Solar Inc. engages in the design, development, manufacture, and sale of solar power products in Canada and internationally. The company offers solar cell and solar module products that convert sunlight into electricity for various uses. Its products include a range of standard solar modules for use in a range of residential, commercial, and industrial solar power generation systems. The company also designs and produces specialty solar modules and products consisting of customized modules that its customers incorporate into their products, such as solar-powered bus stop lighting; and specialty products, such as portable solar home systems and solar-powered car battery chargers. In addition, it sells solar system kits, a package consisting of solar modules produced by it and third party supplied components, such as inverters, racking system, and other accessories, as well as implements solar power development projects. The company sells its products under the Canad ian Solar brand name. Canadian Solar Inc. offers its standard solar modules through a direct sales force and sales agents primarily to distributors, system integrators, and original equipment manufacturer customers, as well as to solar projects; and specialty solar modules and products to the automotive, telecommunications, and light-emitting diode lighting sectors. The company was founded in 2001 and is based in Kitchener, Canada.
Advisors' Opinion:- [By John Udovich]
Small cap solar stock Canadian Solar Inc (NASDAQ: CSIQ) rose another 13.35% yesterday and is up 841.2% since the start of the year, soundly beatingthe performance ofsolar ETFsGuggenheim Solar ETF (NYSEARCA: TAN) and Market Vectors Solar Energy ETF (NYSEARCA: KWT). But why has this solar stock gone parabolic and what are (if any) potential dark clouds that investors need to be aware of?
- [By Aaron Levitt]
Solar stocks are finally baski! ng in the sun once again. New subsidies from key markets like China and Japan, as well as low module pricing, have taken hold over the last year or so. Plus, the number of PV installations has surged. As a result, solar stocks like Canadian Solar(CSIQ) and First Solar (FSLR)have beensome of the best names, with the industry gaining about 141% this year.
source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/5-best-solar-stocks-to-watch-right-now-2.html
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