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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 norrab1 (48.51) Submitted: 10/06/06 11:30 AM : Outperform Start Price: $23.95 STP Score: -32.91

Suntech is starting to look a lot more attractive in the low 20's. Given the forecasted growth, the forward multiples all look reasonable. This has definite potential to be a home run stock over the next decade.

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Avatar muirmm (99.51) Submitted: 10/11/06 2:07 PM

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You're probably right. Falling oil prices have led some investors to dump alternative energy stocks. This makes sense in the case of ethanol producers, who compete directly with petroleum products. Suntech's solar panels make electricity, and the price of electricity is not much affected by the price of oil. So this looks like a buying opportunity for solar-panel producers.

I suspect that oil has a lot farther to fall, so the discount on solar power companies may increase for a while. But in the long run, solar will be a huge winner.

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