I have some good news and some bad news. The bad news is that SunPower (SPWR - Last trade $49.92), the darling of the solar sector, trades at a P/E ratio of 133+. With the industry average P/E ratio at 25.70, not everyone can afford SPWR. The good news is that you can still gain exposure to SPWR at a lower cost.
ESLR - Takeover Chatter Should be Taken With a Grain of Salt Written By: Eben Esterhuizen 2007-03-09 13:53:59 Should we brace ourselves for a wave of consolidation in the solar sector? At the end of 2006 we saw SunPower (SPWR – Last trade $43.40), makers of the most efficient solar cell on the market, buy PowerLight, the world’s biggest manager of large-scale commercial solar projects. Some analysts expect more deals like this, where “upstream” manufacturers buy “downstream” players.
From the Ken-n-n-n-tucky Coal Mines to the California Sun Written By: Mark Bershatsky 2007-08-20 12:49:54 With crude oil continuing to trade at stratospheric prices, conflicts in the Middle East not showing any signs of abatement, and fears of climate change spreading, the alternative energy boom presses on. While each segment of the industry has begun to carve out its respective niche in the marketplace, we are nevertheless reminded that the potential of this space is still largely untapped. Indeed, the outlook for investors in this sector is rosy, and it is hardly too late to get on board.
Happy New Year for Solar? Written By: Eben Esterhuizen 2008-01-09 22:52:43 Photo:niznoz, Creative Commons, Flickr
Happy new year! May the good fortune bore you in 2008.
