Solar-Panel Makers Will Avoid ‘Hard Landing,’ Goldman Sachs Says
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Solar-panel makers will avoid a “hard landing” in 2011 and forecast that the industry will expand by 13 percent, Goldman Sachs Group Inc. said.
The New York-based bank recommended investors buy shares of First Solar Inc., SMA Solar Technology AG and GCL-Poly Energy Holdings Ltd. because the market is priced for a decline in demand this year, according to a research note published today.