Thursday, June 5, 2008

Energy Conversion shares rise to new high (ENER)

One of our favorites, the other being TSL.
From the AP via Yahoo:

Energy Conversion shares jump as Lehman sees less exposure to volatile European markets
Shares of Energy Conversion Devices surged to an all-time high on Thursday, as a Lehman Brothers analyst said he expects the company to be less affected than some by volatility in European solar markets.

Analyst Vishal Shah noted Energy Conversion has relatively low exposure to the volatile Spanish market and to spot polysilicon prices, which have been climbing....MORE