$4.13 -0.02 (-0.48%)
12/3/2009 4:01 PM

ReneSola LTD (SOL)

CAPS Rating: 5 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.

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Member Avatar TMFKopp (96.98) Submitted: 6/11/2009 2:03:50 PM : Outperform Start Price: $7.07 SOL Score: -58.30

One of my primary complaints about solar stocks is the seemingly endless amount of competition in solar cell manufacturing and the apparent low barriers to entry. When it's difficult to tell one company's operations from the next, it becomes a bit of a crapshoot to pick which will excel and which will fall by the wayside.

ReneSola, however, gets around my complaint by not focusing primarily on manufacturing solar cells, but rather on making the silicon wafers that companies such as Suntech and JA Solar use to make their solar cells. So instead of trying to build the best mousetrap, ReneSola is providing springs to the mousetrap manufacturers. To me, that makes ReneSola a better pick to capitalize on the potential of solar power overall.

http://www.fool.com/investing/general/2009/06/09/great-call-on-conocophillips-whats-next.aspx

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