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Why Canadian Solar Stock Just Popped 10.5%


For the longest time, analysts at GLJ Research, a group with a confirmed bent toward solar energy research, has been skeptical of valuations among the major solar energy stocks. That is, until today. Today, GLJ finally found a solar stock it likes, and shares of Canadian Solar (NASDAQ: CSIQ) are rising on account of it -- up 10.5% as of 12:50 p.m. EDT.

This is surprising for a couple of reasons.

Can this analyst interest you in buying a solar stock? Image source: Getty Images.

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Source Fool.com

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