These stocks have had a decent bounce since the beginning of the year, with SunPower getting the biggest jolt, up more than 138% at its peak in mid-February. Since then, shares have pulled back to a still-respectable year-to-date gain of 121%.
First Solar peaked in at the same time, up about 17% and has since moved steadily down to a year-to-date loss of more than 13%.
Trina Solar peaked in early January, up about 34%, and has trailed downward ever since to lose of about 3%.
And Suntech also peaked in early January, up about 22% and now down about 22%. Suntech has some unique problems, which we covered earlier today.
All except Trina Solar are already trading above their consensus price targets, even with the steep declines since the first of the year. None is a buy-and-hold candidate.
Want to Retire Early? Start Here (Sponsor)
Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?
Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.