It was a banner day for alternative energy stocks yesterday, due to extension of the investment tax credit and other factors.
|First Solar pops up 10%, getting a lift from news of renewal of the Investment Tax Credit (ITC). FSLR stock is at an annual high, up 55% in the past 12 months.||Motley Fool|
|The YieldCo Pattern Energy Group gaps up 12% on the largest volume since the summer. Recent analysis considers it by far the best valued YieldCo. PEGI is still down 12% for the year, but has gained 26% from its lows reached earlier in December.||AltEnergy Stocks|
|Solar City skyrockets 34% in one day. The stock benefited from many factors, including newly released analysis from the company, extension of Investment Tax Credit (ITC), analyst upgrades, and a severe short squeeze. SCTY stock is now in positive territory for the year, but is still 38% below its 2014 highs.||Seeking Alpha|
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