For Immediate Release Chicago, IL – November 25, 2015 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog includeSunEdison, Inc. (SUNE), First Solar, Inc.(FSLR), SunPower Corporation(SPWR), JA Solar Holdings Co., Ltd.(JASO) and Canadian Solar Inc.( CSIQ). Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free. Here are highlights from Tuesday’s Analyst Blog: 4 Solar Stocks to Brighten Your Portfolio Solar stocks have not been having the best of times recently. Equities across the board, particularly those of yieldcos, have gotten hammered. This has become a perplexing phenomenon, given that this year has seen a discernible increase in the number of projects. However, this may only be a short-term phenomenon caused by a number of disparate factors. Even conventional energy heavyweights are acknowledging the importance of alternative energy sources. Given the ethics involved in renewable investment, it would still be prudent to add select stocks from the sector to your portfolio. Yieldcos Hit Hardest Yieldcos are entities hived off by the parent energy company in order to provide steady cash flows. In most cases this involves combining different classes of renewable energy or both renewable and conventional energy assets. This asset class has been hit the hardest, with SunEdison, Inc.’s ( SUNE) yieldcos TerraForm Power and TerraForm Global falling 75% and 58% beneath their highest levels. market watchers believe that the phenomenon is restricted to SunEdison, which tried to expand hastily. Others believe that yieldcos were positioned as growth products, instead of the fixed income instruments they were intended to be in the first place. Long-Term Approach Needed However, other solar stocks, which do not suffer from the yieldco problem, have also suffered. One explanation for this is that the contagion which began with conventional energy stocks has spread to the alternative energy sector. Industry insiders believe that they need to engage investors properly and convince them that this sector is a long-term play. The reason why these stocks are losing is because of the widespread belief among investors that they will continue to suffer from the slump in energy prices. But the truth is this sector is one which offers stable returns and good scope for growth. This is due to several reasons, including fixed long-term contract prices, performance guarantees on panels and the high quality of end buyers. Most importantly, solar power is becoming a cheaper source of electricity compared to conventional options across the U.S. Obama’s Clean Energy Focus "Clean energy" has long been the focus of the current administration. President Obama’s "Climate Change Action Plan" and the favorable green energy trends have already done a lot in pushing the sector northward. The solar industry received its biggest boost in recent times after the White House revealed the final version of its ambitious climate policy on Aug 3, 2015. This Environmental Protection Agency (EPA) program seeks to cut CO2 emissions from the nation's power plants. The Obama administration has vowed to reduce CO2 emissions by 28% come 2025 and 32% by 2030, from 2005 levels. This version turns out to be a little stronger than the draft proposal released last summer, wherein the EPA had proposed total CO2 reduction of 29% by 2025 and 30% by 2030. Our Choices Despite the difficulties it has been facing, solar stocks are still a good option for those with the ability to remain invested for a longer period. Its strong fundamentals and supportive government policy continue to make the sector an attractive option. That is why picking certain stocks from the sector is still a good idea. We have narrowed down our search based on a good Zacks Rank and other relevant metrics. First Solar, Inc. (FSLR) designs, manufactures, and sells solar electric power modules using a proprietary thin-film semiconductor technology. First Solar has a Zacks Rank #2 (Strong Buy) and projected growth for the current year is 19.9%. The forward price-to-earnings ratio (P/E) for the current financial year (F1) is 12.44. Its earnings estimate for the current year has increased 47% over the last 30 days. SunPower Corporation (SPWR) designs, develops, manufactures, markets and sells high-performance solar electric power technology products, systems and services. SunPower has a Zacks Rank #2 (Buy) and expected earnings growth of 64.6% for the current year. It has a P/E (F1) of 14.23. The company’s earnings estimate for the current year has increased 26.4% over the last 30 days. JA Solar Holdings Co., Ltd. (JASO) is a China-based manufacturer of high-performance solar cells. JA Solar has a Zacks Rank #1 (Strong Buy) and its estimated growth for the current year is 72.8%. It has a P/E (F1) of 5.51. The company’s earnings estimate for the current year has increased 22.8% over the last 30 days. Canadian Solar Inc. (CSIQ) is a vertically integrated manufacturer of silicon ingots, wafers, cells, solar modules (panels) and custom-designed solar power applications. Canadian Solar has a Zacks Rank #2 (Buy) and it has a P/E (F1) of 8.24. It has a PEG ratio of 0.41, lower than the industry average of 0.63. The company’s earnings estimate for the current year has increased 28.9% over the last 30 days. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >> About Zacks Equity Research Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term. Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons. Zacks "Profit from the Pros" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today. Find out What is happening in the stock market today on zacks.com.
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SUNEDISON INC (SUNE): Free Stock Analysis Report
FIRST SOLAR INC (FSLR): Free Stock Analysis Report
SUNPOWER CORP-A (SPWR): Free Stock Analysis Report
JA SOLAR HOLDGS (JASO): Free Stock Analysis Report
CANADIAN SOLAR (CSIQ): Free Stock Analysis Report
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