Tremendous gains in solar stocks yesterday as investors buy at the bottom.
|First Solar stock surges 12% on large volume after releasing a positive earnings report. Annual earnings came in at $5.37 per share, which was at the high end of analyst estimates. FSLR is now up 19% for the year, and is within 6% of its high reached in 2014.||The Street|
|SolarCity gains 5% on news of a shakeup in rival SunEdison (SUNE). This could increase business opportunities for SolarCity, including installation capacity and residential solar assets. SCTY remains down 64% for the year, and is 78% below its highs reached in 2014.||Motley Fool|
|SunPower Corporation jumps 11%, bouncing off a low last week. The technical chart shows a compressing saw-tooth trend, with lower highs, and higher lows going forward. SPWR is down 31% for the year, though we still consider the stock to be Overvalued.||Google finance|
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