MEMC Electronic Materials, Inc. (WFR)

MaxProfit81 (< 20) Submitted: 4/28/08 12:21 AM : Start Price: $70.09 WFR Score: -42.02

With revenues expected to increase by 26% in 2008 and growth estimated to get boost from increased production of solar wafers, MEMC Electronic Materials has alot going for it. The recent decline in stock price, while not due to anything critical can and should be seen as a buying opportunity. Demand for solar energy and solar energy products is likely to exceed supply, driving prices, and profits up. It is also expected that MEMC Electronic Materials will complete the expansion of one of its key manufacturing plants in the latter half of 2008 which will increase its total capacity. That and with all the analysts screaming strong buy, this time ill agree with them and call outperform on WFR.

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