5 Solar Stocks That Are Burning Out

Prepare to sell or even short these five companies as bearish momentum builds

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5 Solar Stocks That Are Burning Out

JA Solar (JASO)

112813JASO 300x247 5 Solar Stocks That Are Burning Out
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Run out of Shanghai, JA Solar (JASO) is another Chinese solar play that is coming under new pressure.

JASO wasn’t able to push to profitability in the third quarter, posting a pre-exception loss of 7 cents per share vs. a 50 cents a share loss in the year-ago period. Analysts are looking for a profitable quarter in Q3 2014, but a full-year 2014 loss of 43 cents per share, less than the $1.05 a share loss expected for full-year 2013.

JASO stock dropped out of its multimonth uptrend Tuesday as this march to profits looks more vulnerable amid a warning from the company that shipments to China would be lower.


Article printed from InvestorPlace Media, http://investorplace.com/2013/11/5-solar-stocks-burning/.

©2014 InvestorPlace Media, LLC

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