I do hope alternative energy companies continue to grow as it will bring more awareness and higher stock prices.
CSUN has been up and down for a while and been public for about 8 months now and still not reached the point where it is trading at a price equivalent or above its IPO price. Given the alternative energy demand though, it may climb above $16 early next year. The last thing China cares about is solar energy as a new coal powerplant is coming online, what, every week or so?! Alternative energy demands are coming from the States and EU, not China.
For FSLR, that stock is running. Dec 21st it was $249 and now it is trading above $280 and was up over $8 today. Their profit margin is over 28% of their business and in the 3rd quarter had $159M in revenue, up from $134M in all of 2006. Their total assets have also doubled since 2006. From Arizona.
SOLF is another company up 30% since Dec 21st. I don't know what is driving this, but with a stock price of $36, it sure is pretty. Their rate of growth is slower than FSLR, but still strong. Based out of China as well.
AKNS looks good but they make solar energy panels for the consumer and small business. With the housing crunch, many people will not be going for it and most small business won't be able to afford such types of power. The other above companies help create powerplants.
SPWR also makes parts for powerplants but has only gained about $10 per share since Dec 21. The total revenue is still not as strong, gain wise, as FSLR or SOLF.
Me being a newb, I think that they look pretty attractive to ride for a bit. Feel free to rip me if I'm wrong though
