Just not the time to play the solar trade?
When President Obama took office many believed it would be a boon for green investors, as the President has made green energy a marquee of his Presidential platform. However, most green stocks, such as those in solar companies, have mostly been a bust, and many analysts believe they will remain a bust, at least until higher energy prices return.
One solar stock that has done well recently, however, has been
Yingli Green (YGE). Yesterday, however, the stock was hit hard due to poor margins according to Fast Money's Pete Najarian.
Unfortunately, Najarian didn't comment on when the margin problem would improve.
Labels: green investing, solar power
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