Stock Alert – LDK, TSLA

Harris Roen, Editor
Roen Financial Report
September 18, 2012

Two companies experienced heavy trading yesterday in reaction to significant news. One was an earnings release for the flailing Chinese solar company LDK Solar (LDK), and the other was a stock upgrade for the innovative auto designer Tesla Motors (TSLA).

For detailed reports on about 250 alternative energy companiessubscribers may click here.

LDK Solar Co., Ltd. (LDK) More Info

Earnings release shows quarterly revenues up 18%, but revenues remain half of what they were the same quarter last year. EPS continues to decrease, and third quarter guidance shows level or declining sales. Stock beat down 3% for the day on heavy trading, which takes LDK to an annual loss of 71%.

LDK Solar Co., Ltd. (LDK 1.23 ↑2.50%) is a vertically integrated solar manufacturer. Its photovoltaic products include multicrystalline, and monocrystalline solar wafers, solar cells and solar modules. LDK Solar designs and develops solar power projects in Europe, the United States and China. With over 20,000 employees, LDK Solar is one of the largest solar product producers.

SEC Filing

Tesla Motors Inc (TSLA) More Info

Morgan Stanley Auto Analyst Adam Jonas upgrades TSLA to “overweight” and raises price target 11% to $50. Shares surge 7% for the day, and up 14% for the month.

Tesla Motors is a development-phase company that develops and sells electric vehicles. It currently produces the Tesla Roadster and is developing other products such as the Model S and Model X. Tesla also sells advanced electric vehicle components, such as lithium-ion battery packs, electric motors and gearboxes.

Bloomberg Article



Individuals involved with the Roen Financial Report and Swiftwood Press LLC do not own or control shares of any companies mentioned in this article.

It should not be assumed that recommendations made in the future will be profitable or will equal the performance of the securities mentioned in this article. Any advice and/or recommendations made in this article are of a general nature and are not to be considered specific investment advice. Individuals should seek advice from their investment professional before making any important financial decisions.


Comments are closed.

Subscribe to the Roen Financial Report and receive two free reports!

Get access to members-only areas of the website, including up-to-date stock reports in addition to alternative energy mutual fund & ETF rankings.

Get Your Free Report
First Name
Last Name

We promise never to sell or share your email address!

Like Us on Facebook

Subscribe to the Roen Financial Report today

and get two free reports!

  • - Access to members-only areas of the website.
  • - Up-to-date stock reports.
  • - Alternative energy mutual fund & ETF rankings.
  • - Satisfaction Guaranteed!