Opinions
Drummond Brodeur
Suntech Power Holdings Co. Ltd.
STP-N
PAST TOP PICK
Sep 26, 2008
(A Top Pick July 24/07. Up 24%.) Bullish on the solar sector. When you look at the energy demand that is coming out of China and emerging markets there is no way this can be provided on a carbon-based system. One of the largest in the space and lowest cost operator. Good buy below $40.
$38.480
Stock price when the opinion was issued
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One of the biggest cell manufacturers globally. Have an integrated model where they are playing in each part of the value chain and can protect their gross margins going forward. 2 or 3 months ago, they pre-released that the 2008 production would be 530 MW, below expectations. Long-term, they are one of the best-positioned companies. Good price.
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