+ Watch SUNE
on My Watchlist
The Company is a worldwide producer of wafers for the semiconductor industry.
Only way for it to go is UP!
This company is fiercely competitive in the USA home markets and is rapidly diversifying in both capabilities and geography. Their ambition is to be come a new model for a utility and the dividend is most attractive. They're also targeting India which, to my mind, has more respect for foreign property-rights and due process than China. Will buy some shortly.
Picked up some shares in the $18 range. I believe in this company and so does David Einhorn.
short term trading opportunity, 10-15% potential
S&P 5 star 19.47
Based on rec by Kirk Spano.
Solar market.. & Growth prospects..
This stock has had it ups & downs seems it is a crazy stock to understand bought it for my ira at $4.5 road it to $15 then drop back to $13 then to $ 11 but with the reports i read staying it is going to $20 bought again for my ira
shaky making this pick but until sentiment chanes it'll continue up.
Solar market + semiconductor + spinoff in early Jan 14
Solar is the future.
"MEMC Electronic Materials Misses Where it Counts" : fool.com/investing/general/2013/05/09/memc-electronic-materials-misses-where-it-counts.aspx "The 10-second takeaway: For the quarter ended March 31 (Q1), MEMC Electronic Materials beat slightly on revenues and missed expectations on earnings per share. Compared to the prior-year quarter, revenue shrank significantly. Non-GAAP loss per share dropped. GAAP loss per share didn't move. Gross margins expanded, operating margins grew, net margins dropped."
Net profits are falling and stiff competition within this industry.
Fossil fuels can't last forever
WFR just introduced the innovative MEMC Silvantis M330 Solar Module. It is the first product to be manufactured exclusively with MEMC-produced polysilicon and CCz p-type mono wafers leveraging the company's strategic vertical integration. The 16.9% module efficiency delivers over 5% savings per watt BOS improvement over multi-crystalline. Through its wholly-owned SunEdison subsidiary, MEMC is also a developer of solar power projects and a global leader in solar energy services, and as such has a built-in channel for the utilization of their solar modules.
Solar EPC - engineering, procurement and construction - are the place to be as these companies have just started to rebound after restructuring and absorbing the costs of industry shake out courtesy of China panel makers. Solar installations are growing at a high rate and companies that can design and install utility and commercial grade projects will do well, i.e. WFR, FSLR, GE, SPWR... I have been aggressively selling puts and have a 4% long position established recently.
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