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July 15, 2013

Solar and Alternative Energy Stocks

The alternative energy sector is continuing to perform well. I found a couple small companies with good charts that I like. Primarily I like the charts. Jinko Solar (JKS) is one of the solars I posted on Twitter awhile back and it ran 17% today on good volume.

The first new one is Ballard Power Systems (BLDP) with a market cap of around 200 million. BLDP sells fuel cells which is a very promising alternative energy. The stock price just broke out of a triangle consolidation.

The second one I like is Suntech Power (STP). STP is a 250 million dollar company that also just broke out of a long triangle. Both of these stocks look ready to keep running.