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$7.31 -0.69 (-8.63%)
12/4/2008 4:00 PM

Suntech Power Holdings Co., Ltd. (ADR) (STP)

CAPS Rating:
****

A solar energy company that designs, develops, manufactures and market a variety of PV cells and modules. Also provides PV system integration services in China.

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Avatar ceyhun28 (< 20) Submitted: 8/05/07 10:50 PM : Outperform Start Price: $38.30 STP Score: -40.06

Don't be confused with the inefficient panels of the 80's. Time has changed. There are several factors going for Suntech
1) Alternative energy spending is on the rise
2) China is growing in blistering speed, and continues to export low cost, competetivly adventageous products.
3) David Gardner owns it.
4) its obvious that the Us sarting from CA, will provide a huge virgin market that will be fueled by environmental awareness, and increasing energy prices.
4) Our only star in our solar system is not going anywhere anytime soon.

Lets hope we can sip our drinks while watching the Olympics in Beijing'08, keeping in mind that some of that glamour was provided by Suntech. Cheers.

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