Yingli Green Energy
Robust best describes China’s biggest solar module manufacturer. Yingli Green Energy (YGE) posted third-quarter revenue of $593 million, up 63% year-to-date. Its shipment growth jumped 43.7% in the same time frame, especially among Japan, China and the Americas. Shipments to China and the Americas accounted for 50% of its total.
Deutsche Bank recently raised its price target on Yingli to $8. Other analysts suggest $9 per share is conservative. If YGE can grow operating income to $450 million by 2017—a mark hit during peak European demand—it could be a $25 stock.