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The Are Concerning Signs For Solar Manufacturers After Earnings


The Are Concerning Signs For Solar Manufacturers After Earnings

Being one of the biggest solar manufacturers in the world should be a strength at this point in the solar industry. But for JA Solar (NASDAQ: JASO) the position hasn't led to a valuable company or a business that appears to have any real chance at long-term profitability. 

Second quarter results released this week showed why JA Solar and other large competitors like JinkoSolar (NYSE: JKS), Canadian Solar (NASDAQ: CSIQ), and Hanwha Q-Cells (NASDAQ: HQCL) are in a tight spot in a highly competitive solar market

Image source: Getty Images.

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Source: Fool.com

Canadian Solar Inc. Stock

€16.30
-0.180%
Canadian Solar Inc. shows a slight decrease today, losing -€0.030 (-0.180%) compared to yesterday.
Our community is currently high on Canadian Solar Inc. with 10 Buy predictions and 4 Sell predictions.
Based on the current price of 16.3 € the target price of 44 € shows a potential of 169.94% for Canadian Solar Inc. which would more than double the current price.
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