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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 KatWoman50 (< 20) Submitted: 11/22/06 1:52 PM : Outperform Start Price: $28.98 STP Score: -35.34

Solar plus China play. Penny has a persuasive argument. A huge deal in Spain says this is the time to get into Suntech. The sun isn't going away. China will be building out it's infrastructure and having solar or wind farms regionally makes more sense than thousands of miles of wires. Sort of the same thinking as cellular vs wireline service. If the US weren't so imbedded with our legacy systems, this technology would be more prevalant here. Needs more government subsidies to kick start it but I see more solar roofs and the technology is better than 5 years ago when I put my system in. Love seeing the meter run backwards.

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