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

First Solar (FSLR)

112813FSLR 300x247 5 Solar Stocks That Are Burning Out
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First Solar (FSLR), which manufactures solar modules as well as constructs turnkey solar power plants for utilities, has posted healthy revenue growth lately. Full-year revenues are expected to grow 6% on average between 2012 and 2014.

But earnings are a problem, as intense competition is expected to push down EPS from $4.90 last year to $3.40 in 2014.

FSLR shares are slicing below their 20-day moving average for the first time since August.


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

©2014 InvestorPlace Media, LLC

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