MEMC Electronic Materials, Inc. (NYSE:WFR)
The Company is a worldwide producer of wafers for the semiconductor industry.
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Pressure is on to find high quality companies that continue producing excellent products, have little debt and are well-managed. Looking at the indicators, this company is solid, and fills all the requirements. It has strong market growth potential. I am thrilled to find it. Will see if it looks as good Nov. 26th. I think it will go to low $80.'s in a few months, if not by January.
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With all of the energy concerns MEMC is well placed and should explode in a couple of years.
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energy and water
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Looking for an opportunity to add it in real life. What a great stock
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72.40 Target 100 by next year
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continued growth in silicon solar panels will keep them growing for years to come.
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Since MEMC is one of the few suppliers of silicon wafers used in solar panels, and with silicon's short supply (and increasing cost), MEMC stands to benefit from the increasing demand for solar power.
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(WFR) is an arms merchant for solar makers in making wafers for solar panels; too good to pass it up; it's cheap Cramer thinks out of all green stocks that this one is still bargain.
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What a posterboy for solar power. MEMC produces its own supply of silicon wafers and sells to both solar and semiconductor industry. WFR trades at a PE approaching 30 its competitors in the solar industry are trading at 190 PE -- if WFR were just at 50% of its competitors it would be a $180 stock. Look for solar power players to take some winnings off table and start the heavy boarding onto WFR in Q4 of 2007. This stock should be trading at 50 PE by year end 2007 -- as far as 2008 goes, the days of $60 oil are behind us. I doubt OPEC is in a hurry to release reserves to leasen the pain at the pump, with the dollar on the fast decline and no end in sight (interest rates will not be increasing in an election year) oil prices should help spur the solar industry along. WFR is on the launching pad.
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this is vital to solar
a process to slice
thin layers of reflective material more efficiently
5 times cheaper.
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i THINK THEY HAVE THE LEAD. iN TECH HOWEVER THE BARRIER to entry is very low.
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good by when it dips
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No competition. $100 oil. No brainer.
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selling to both the semiconductor and solar industries gives it protection/diversification when one is weak. Excellent financials, growth potential, management etc.
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Suggested personal stock; mainly loked at chart price vs. S&P, put it in my watchlist and was impressed with performance
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Should continue to grow from demand for polysilicon to make semiconductor wafers for producing chips bumping into demand for its poly for the Solar aector.
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Impressive financials; Huge supply contracts; Steller management; Boat loads of cash = BUY BUY BUY!!!!!
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