Financial Review on LDK Solar and Yingli Green Energy - Solar Stocks
Could Heat up With Obama
NEW DELHI, INDIA -- (Marketwire) -- 11/12/12 -- For companies with
operations in the solar energy field, such as LDK Solar and Yingli
Green Energy Holding, the re-election of President Barack Obama looks
to be beneficial. Obama's energy stance has been heralded as greener
than Mitt Romney's, and companies well positioned to take advantage
of the current market conditions could outperform their peers.
Street-Wire posted analysis on LDK Solar Co. Ltd. (NYSE: LDK) and
Yingli Green Energy Holding Company Limited (NYSE: YGE) at
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U.S. companies also have the upholding of import duties levied
against certain foreign companies to look forward to. The U.S.
International Trade Commission set final duties on Chinese solar
imports to level the playing field, which had been skewed by Chinese
government subsidies allowing producers to sell products below cost.
For certain companies in China, this news is not as positive. LDK
Solar and Yingli Green Energy financial analysis are available at
There are currently several tailwinds for the industry, but it is not
without its own set of problems. Solar remains expensive relative to
a number of other energy options, and with governments, businesses
and individuals still struggling economically, some are putting off
solar purchases until they are more financially stable. This trend is
being reflected in the quarterly earnings of a number of companies,
as sales and earnings remain solid yet subdued.
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Anthony K. Merchant
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