SolarCity Corp (SCTY)’s Prediction, First Solar, Inc. (FSLR)’s Debt Levels & SunPower Corporation (SPWR)

Editor’s Note: Related tickers: SolarCity Corp (NASDAQ:SCTY), First Solar, Inc. (NASDAQ:FSLR), SunPower Corporation (NASDAQ:SPWR), Goldman Sachs Group, Inc. (NYSE:GS), Credit Suisse Group AG (NYSE:CS), Bank of America Corp (NYSE:BAC), Tesla Motors Inc (NASDAQ:TSLA), China Sunergy Co Ltd (NASDAQ:CSUN), LDK Solar Co., Ltd (ADR) (NYSE:LDK)

Barron’s Takes Potshot At SolarCity, Misses By Wide Margin (Forbes)
A story in today’s issue of Barron’s newspaper predicting the end of times for SolarCity Corp (NASDAQ:SCTY) is the literary equivalent of a donkey trying to do calculus. Barron’s exercise in drive-by journalism misses the mark – and does so by a wide margin. The problem has less to do with Barron’s treatment of SolarCity Corp (NASDAQ:SCTY) than its ludicrously inadequate command of the basic mechanics of America‘s electric power industry.

Tesla Motors Inc (TSLA) Gets Five-Star Rating: Should Ford Motor Company (F), Other Competitors Worry?

First Solar Stock Rating Reaffirmed by TheStreet (FSLR) (UtahPeoplesPost)
First Solar, Inc. (NASDAQ:FSLR)‘s stock had its “hold” rating restated by TheStreet in a research note issued on Tuesday, American Banking & Market News reports. The analysts wrote, “First Solar, Inc. (NASDAQ:FSLR) has been reiterated by TheStreet Ratings as a hold with a ratings score of C. The company’s strengths can be seen in multiple areas, such as its solid stock price performance, largely solid financial position with reasonable debt levels by most measures and reasonable valuation levels.

Commit To Purchase SunPower Corp At $12, Earn 15% (Forbes)
Investors considering a purchase of SunPower Corporation (NASDAQ:SPWR) shares, but tentative about paying the going market price of $21.66/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2015 put at the $12 strike, which has a bid at the time of this writing of $1.80. Collecting that bid as the premium represents a 15% return against the $12 commitment, or a 10.8% annualized rate of return (at Stock Options Channel we call this the YieldBoost).

SolarCity looks to raise $223.5m selling shares and notes (NewEnergyWorldNetwork)
SolarCity Corp (NASDAQ:SCTY) will offer 2.8m shares at $33.69 each, and underwriters Goldman Sachs Group, Inc. (NYSE:GS), Credit Suisse Group AG (NYSE:CS), and Bank of America Corp (NYSE:BAC) will have the option to purchase a further 420,000 shares within 30 days, SolarCity said in a filing with the US Securities and Exchange Commission. The company is additionally selling $100m in convertible notes in a concurrent offering. If the underwriters exercise an overallotment option, that amount could increase to $115m. CEO Lyndon Rive and Tesla Motors Inc (NASDAQ:TSLA) founder Elon Musk plan to buy a combined 550,000 shares from the underwriters. Musk owns 27 per cent of SolarCity Corp (NASDAQ:SCTY), while Musk’s cousin Rive owns 3.5 per cent.

China Sunergy Presses India to Abandon Dumping Probe (Bloomberg)
China Sunergy Co Ltd (NASDAQ:CSUN) and First Solar, Inc. (NASDAQ:FSLR) of the U.S. urged India to end an investigation into solar equipment dumping, saying the probe is undermined by errors. India, which has increased solar capacity more than 70-fold in less than three years, began examining claims last November that imported photovoltaic cells and modules had been sold below cost, hurting local manufacturers.

Why Solar Stocks Retreated – SunPower, First Solar, SolarCity Corp, Trina Solar, LDK Solar, Yingli Green Energy, JA Solar, JinkoSolar, Suntech, Canadian Solar (PRCarbon)
SunPower Corporation (NASDAQ:SPWR) stock traded lower following the inadequate LDK Solar Co., Ltd (ADR) (NYSE:LDK) earnings which droppedalmost 7.33% in last trading session and is trading at $21.10 with average volume 4.10 million shares. Stocks of SunPower Corporation (NASDAQ:SPWR) fell -1.56% in last current session and is closed $21.48.

blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

The 10 Laziest Countries in the World

The 10 Most Polluted Countries in the World

The 10 Most Dangerous Cities in America 2014

The Top 10 Gold Producing Countries in the World

The 10 Tallest Buildings in the World

The 10 Richest Stand Up Comedians in the World

The 10 Fattest Countries in the World

The 5 Best Summer Jobs for Teens

The 10 Most Religious Countries in the World Keeping the Faith

The 10 Most Educated Countries in the World

The 10 Most Popular Cell Phones in the World

The 10 Drunkest Countries in the World

The 10 Most Expensive Private Schools in the World

The 10 Smallest Countries in the World

Walking Dead Season 5 Spoilers You’ll Wish You Didn’t Know

The 10 Poorest Countries in the World

The 10 Greenest Countries in the World

The Top 10 Countries with the Highest Population in the World

The 10 Most Visited Countries in the World

The Top 10 Star Wars Characters in the Iconic Series

The 10 Most Expensive Android Phones in the World

5 Reasons Why The Illuminati Is Real and a Threat to Society

The 6 Scariest Halloween Costumes Ever Screamed At

The 4 Biggest Hedge Fund Managers in the World Today

The 15 Most Densely Populated Countries in the World

The 10 Biggest Tea Drinking Countries in the World

Top 6 Ways to Improve Your Checkout Process and Close Sales

The 5 Most Profitable Online Businesses You Can Start Today

The 20 Most Profitable Hospitals in the US

The 5 Most Profitable Home Businesses to Start

The 7 Teams that Will Win the Stanley Cup in 2015

The Top 10 Most Expensive Digital Cameras to Snap Stunning Shots With

The 10 Highest Quality Fast Food Restaurants In America Today

The 8 Best Halloween Decorating Ideas to Spook Up Your House

10 Marvel Women that Should Get a Movie Right Now

The 20 Best Remixes of Popular Songs that Will Make You Forget the Originals

7 Most Expensive Cities in the World

5 Least Expensive Cities in the World

10 Celebrities Who Believe In Scientology

10 High Margin Food Products to Build a Business Around

The 10 Most Expensive Clothing Stores in the United States to Get Decked Out At

The 5 Biggest Kickstarter Scams That Swindled Backers’ Donations

The 10 Most Expensive Boarding Schools In the World

50 Crazy Facts About Japan You Won’t Believe

Top 10 Least Expensive Hybrid Cars to Save the Planet With

The 10 Biggest ‘Gate’ Controversies in History

The 10 States with the Highest Nursing Shortages Leaving Their Hospitals Depleted

The 10 Best Value Investment Blogs that Every Investor Must Read

The 6 Cheapest Boarding Schools in Europe 2015

The 5 Most Expensive Cars To Insure in the World

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!