The Solar Power Industry Moves Ahead [Trina Solar Limited (ADR), First Solar, Inc., Sunedison Inc, SolarCity Corp, JA Solar Holdings Co., Ltd. (ADR)]

Solar Stocks to Buy: JA Solar Holdings Co. (Nasdaq ADR: JASO) is headquartered in Shanghai and is a designer, developer, manufacturer, and seller of solar cells and solar module products, and the company sells its products to solar module manufacturers.

Consensus estimates for the company’s Q1 earnings report call for earnings per share of $0.06 per share, up from a loss of $0.85 in the previous year. The company is also projected to report revenue of $330 million, which is an increase of 22% from 2013’s Q1.

JASO stock has gained more than 7% in 2014 and more than 108% in the last year. Despite the growth, shares are still affordable at $9.80. The company has a 52-week range of $4.59 to $13.14.

Solar Stocks to Buy: ReneSola Ltd. (NYSE ADR: SOL) is an attractive play for investors looking for small-cap stocks as the company’s shares trade at $2.58. The company also has a market cap of just $223 million.

ReneSola is a Chinese manufacturer of solar wafers and other solar power products with a global network of suppliers and customers. The company sells its products to PV cell manufacturers. While SOL is still projected to have negative earnings this quarter with a loss of $0.08 per share, its earnings should far outpace last year’s loss of $0.45 per share. Revenue is expected to increase nearly 50% to $426 million in the quarter.

SOL stock is up 58% in the last year and because of its share price and market cap is still more of a speculative play.

Money MorningWritten By Kyle Anderson From Money Morning

We’re in the midst of the greatest investing boom in almost 60 years. And rest assured – this boom is not about to end anytime soon. You see, the flattening of the world continues to spawn new markets worth trillions of dollars; new customers that measure in the billions; an insatiable global demand for basic resources that’s growing exponentially; and a technological revolution even in the most distant markets on the planet. And Money Morning is here to help investors profit handsomely on this seismic shift in the global economy. In fact, we believe this is where the only real fortunes will be made in the months and years to come.

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