Here’s Why Investors Are Buzzing About NXP Semiconductors, Ophthotech, Trina Solar, and Two Other Stocks

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Chinese solar companies JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) and Trina Solar Limited (ADR) (NYSE:TSL) are in the spotlight after Gordon Johnson, Axiom analyst, upgraded both stocks to ‘Buy’ from ‘Sell’. Johnson upgraded the stocks specifically because he believes China’s proposed tariff cuts beginning July 1, 2017 could bring in substantial ‘pull-in’ demand from various customers seeking to take advantage of the generous subsidies before they are tapered. Johnson thinks that there could be as much as 25 GW of ‘pull-in’ demand in the first half of 2017. In addition, a potential win by Hillary Clinton come November could also improve sentiment in the beaten-up sector. Axiom also raised its rating on the broader solar sector to ‘Market Overweight’ from ‘Market Underweight’. Among the funds we track, eight funds were long JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) and 15 funds were bullish on Trina Solar Limited (ADR) (NYSE:TSL) at the end of June.

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Disclosure: None

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