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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.

Article printed from InvestorPlace Media, http://investorplace.com/2013/12/solar-stocks-to-buy-tsl-spwr-yge/.

©2015 InvestorPlace Media, LLC

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