3 Solar Stocks Ready to Shine Into the Future

These solar plays are poised to deliver in 2014

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3 Solar Stocks Ready to Shine Into the Future

SunPower

SunPower (SPWR) and Japan are a match made in heaven. This California-based manufacturer is best known for holding the world record of 24% for solar cell conversion efficiency and can charge a premium for it. Japan’s demand for high efficiency panels helped boost Asia Pacific sales for SunPower by 63% year-over-year in the third quarter. As a result, the company sees a need to expand its capacity by 25%.

SunPower is also very active in commercial installations in the U.S., taking on huge projects for Apple (AAPL), Verizon (VZ) and Macy’s (M). It has a $1 billion backlog in this arena with installations projected to take two to three years to complete. SunPower is up an astronomical 400% year-to-date.


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

©2014 InvestorPlace Media, LLC

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