TSL-An undervalue Chinese Solar Stock
Posted: Thu Sep 25, 2008 3:34 pm
Solar industry has enter a new future since Solar tax credit renewals get green light from Senate(September 23, 2008 3:49 PM PDT )
The news brought up all solar stock.
Future more,Trina Solar Limited (NYSE: TSL; "Trina Solar" or the "Company"), a leading integrated manufacturer of solar photovoltaic products from the production of ingots, wafers and cells to the assembly of PV modules, founded in 1997, today announced that shipments began this month to provide more than 13,400 solar PV modules to power the Atlantic City Convention Center ("ACCC"). This supply comes as part of a signed agreement with general contractor American Capital Energy, who is managing project integration and installation for Pepco Energy Services and the Atlantic City Convention & Visitors Authority ("ACCVA"). The agreement provides for up to four additional megawatts ("MW") to be supplied during 2009.
From the fundamental, TSL has low P/E with increasing revene and income erery quarter and year.
I would like to give this stock a buy rating. Any thoughts?
The news brought up all solar stock.
Future more,Trina Solar Limited (NYSE: TSL; "Trina Solar" or the "Company"), a leading integrated manufacturer of solar photovoltaic products from the production of ingots, wafers and cells to the assembly of PV modules, founded in 1997, today announced that shipments began this month to provide more than 13,400 solar PV modules to power the Atlantic City Convention Center ("ACCC"). This supply comes as part of a signed agreement with general contractor American Capital Energy, who is managing project integration and installation for Pepco Energy Services and the Atlantic City Convention & Visitors Authority ("ACCVA"). The agreement provides for up to four additional megawatts ("MW") to be supplied during 2009.
From the fundamental, TSL has low P/E with increasing revene and income erery quarter and year.
I would like to give this stock a buy rating. Any thoughts?