ReneSola Ltd (NYSE:SOL)

CAPS Rating: 2 out of 5

ReneSola Ltd (ReneSola) is a manufacturer of solar wafers, which are thin sheets of crystalline silicon material primarily used in the production of solar cells.

Recs

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Player Avatar viconquest (22.20) Submitted: 1/5/2009 12:54:29 PM : Outperform Start Price: $5.37 SOL Score: -146.67

I believe they will survive and thrive; this company is transforming before our very eyes. Their previous strategy was as a niche waste silicon wafer producer, now they have shifted over completely into producing the lowest cost silicon wafers possible. They have heavy competition in this area, but they have new cost-effective technologies and a factory coming online in 2009 to drastically reduce costs. They are priced for indefinite negative growth which is astounding. I'm taking a chance.

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