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$24.62 2.62 (11.91%)
10/13/2008 1:24 PM

MEMC Electronic Materials, Inc. (WFR)

CAPS Rating:
****

The Company is a worldwide producer of wafers for the semiconductor industry.

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Avatar lojet (37.08) Submitted: 8/13/07 9:09 PM : Outperform Start Price: $56.10 WFR Score: -22.58

While this stock carries a high P/E it has been beaten down (with a lot of other stocks) lately. So long as the company continues to execute and keeps margins and returns up, they should continue to grow shareholder value. I hope they don't jump on the solar bandwagon too hard. While silicon is the low cost favorite for solar chips now, there are a lot of companies working on a low cost alternative technology right now. Also, I have heard reports of silicon supply getting tight and I don't know how this may affect the company's growth either. But I can't pass it up here.

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