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

friendOfTrend (< 20) Submitted: 12/05/06 2:37 AM : Start Price: $30.50 STP Score: 4.20

Here are the bullet points:

* STP has a low PEG ratio
* They are building a new R&D facility at present. China with surpass Japan in R&D spending this year, so this is in keeping with the trend. China's R&D spending has doubled in 5 years, growing faster than the economy. This R&D should lead to manufacturing efficiencies and increased PVC efficiencies that will benefit STP's bottom line.
* They have locked in a long term silicon supply at competitive prices.
* They have recently inked major deals to supply PVCs to Spain and California.
* It appears the oil correction may be over due to winter supply demands in the US and OPEC production cuts, making alternative energy spending attractive.

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