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$34.51 1.32 (3.98%)
7/3/2008 1:00 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 vanillasoftserve (36.85) Submitted: 5/17/08 12:11 PM : Outperform Start Price: $46.86 STP Score: -14.80

The enormous potential of solar energy is no secret, and that's why the stocks of so many firms in this field are expensive. One company that may nevertheless pay off is Suntech Power Holdings. China's largest maker of photovoltaic cells, which convert sunlight to energy, has the scale to produce low-cost, high-profit solar equipment for sale in the international market. The firm is profitable, and earnings should grow 25% to 30% annually over the next few years, says fund manager Guinness.


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