Stock Alert: ARCI, HQCL
by Harris Roen Editor
Roen Financial Report
Friday, May 29, 2015
Today’s Alert:
Appliance Recycling Centers of America, Inc (ARCI)
Hanwha SolarOne Company (HQCL)
Despite mixed earnings reports, the stocks of these two pure-play green companies climb.
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Appliance Recycling Centers of America jumps 18% in two days despite a weak earnings report. Revenues are down 17%, causing a net loss of $1.7 million. This volatile stock is 69% below its highs of 2011. We consider ARCI to be Overvalued. | Greentech Media |
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Hanwha Q Cells jumps 9% despite releasing a mixed earnings report. Sales and profits are up, but net losses widen. This solar stock has gained 90% in the past three months, but is still down 14% for the year. | PR Newswire |
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