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.
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