Monday, November 24, 2008

Sector Snap: Solar stocks rise with broader market

From the AP via Yahoo Finance:

Solar stocks lift with market; analysts highly rate industry on strong US demand outlook
Shares of solar companies rose on Monday along with the broader market and after analysts predicted strong future demand for the industry in the U.S.

Shares of SunPower Corp. rose $7.45, or 36.2 percent, to $28.04. Raymond James analyst Pavel Molchanov said the solar cell and panel maker is well positioned to capitalize on strong long-term demand for photovoltaic modules in the U.S. utility market....MORE