Hot Stocks To Watch – Trina Solar (TSL), ReneSola (SOL), SunPower (SPWR), China Sunergy (CSUN)

Posted by on Jan 13, 2014

Trina Solar Limited (ADR) (NYSE:TSL)has been upgraded by TheStreet Ratings from sell to hold. Trina Solar Limited (ADR) (NYSE:TSL) stock opened at $15.94 in last trading session, and closed at $16.26, trading in the range of $15.62 – $16.47. The stock showed a positive weekly performance of 5.93%.

ReneSola Ltd. (ADR) (NYSE:SOL), a leading brand and technology provider of solar photovoltaic (“PV”) products and solar integrator Strata Solar today marked a year of projects that cumulatively utilize over 50MW of solar power across several sites in North Carolina and that are powered by ReneSola’s high-efficiency 300W 72-cell polycrystalline solar modules. ReneSola Ltd. (ADR) (NYSE:SOL) shares closed at $3.94 on last trade day, by decreasing -3.43%. Stock 52 week range is $1.25 – $6.00. Company’s market capitalization is $400.48 billion.

SunPower Corporation (NASDAQ:SPWR)‘s stock had its “outperform” rating restated by Zacks in a research note issued on Friday, AmericanBankingNews.com reports. They currently have a $39.00 target price on the stock. Zacks‘ price target points to a potential upside of 18.94% from the company’s current price. SunPower Corporation (NASDAQ:SPWR) stock decreased -1.19% and finished the last session at $32.40. The EPS of the stock remained -0.80. Company’s market capitalization is $5.30 billion.

China Sunergy Co Ltd (NASDAQ:CSUN), a specialized solar cell and module manufacturer has completed the sale of a solar farm project to Lightsource Renewable Energy Ltd., a solar energy generator in the U.K. China Sunergy Co Ltd (NASDAQ:CSUN) stock opened at $7.06 in last trading session and closed at $ 7.04. The 52 week range of the stock is $1.25 – $10.19 and the day range was $7.00 – $7.20.

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