Posts for Ticker ‘SPWRA’

Top 10 Analyst Upgrades, Downgrades, Initiations (ADI, ACI, ISRG, BTU, PHM, RIMM, STX, SPWRA, TGT, WDC)

These are this Wednesday’s top ten analyst upgrades, downgrades, and initiations seen in Wall Street research calls:

Analog Devices (NYSE: ADI) Raised to Conviction Buy List at Goldman Sachs.
Arch Coal (NYSE: ACI) Started as Overweight at HSBC.
Intuitive Surgical (NASDAQ: ISRG) Started as Market Perform at Morgan Keegan.
Peabody Energy (NYSE: BTU) Started as Overweight at HSBC.
Pulte Homes (NYSE: PHM) Raised to Buy at Citigroup.
Research-in-Motion (NASDAQ: RIMM) Cut to Market Perform at BMO.
Seagate Technology (NASDAQ: STX) Cut to Underperform at BofA Merrill Lynch.
Sunpower Corporation (NASDAQ: SPWRA) Cut to Neutral at Janney Montgomery Scott.
Target Corp. (NYSE: TGT) Cut to Neutral at Goldman Sachs.
Western Digital Corp. (NYSE: WDC) Cut to Underperform at BofA Merrill Lynch.

You can join our open email distribution list to hear more news on key analyst calls, top day trader alerts, mergers and acquisitions, Buffett and other investment gurus, IPOs, secondary offerings, private equity, and more.

JON C. OGG

Posted on: November 18, 2009 – 7:53 am in Analyst Calls, Pre-Market Activity, Trading Alert, , , , , , , , , ,

Top Day Trader Alerts (NLST, SPWRA, SPWRB, NGSX, PSUN, SMTL, AMAT)

These are this Tuesday’s top day trader and active trader alerts with more details and analysis linked through to each stock over at VSInvestor.com:

Netlist Inc. (NLST) is seeing small profit taking after a 500% run in the last week.

SunPower Corporation (NASDAQ: SPWRA) (NASDAQ: SPWRB) is down 13% on accounting irregularities and two downgrades.

NeurogesX, Inc. (NASDAQ: NGSX) is up 11% but off last night’s highs after an FDA pain patch approval.

Pacific Sunwear (NASDAQ: PSUN) is down 20% on wider losses and poor guidance.

Semitool, Inc. (NASDAQ: SMTL) is up 30% on what has to be record trading volume on the Applied Materials Inc. (NASDAQ: AMAT) acquisition.

You can join our open email distribution list to hear more news on top day trading alerts, key analyst upgrades and downgrades, Buffett and other investment gurus, IPOs, secondary offerings, private equity, mergers, and more.

JON C. OGG

Posted on: November 17, 2009 – 8:58 am in Pre-Market Activity, Trading Alert, , , , , , ,

Top 10 Analyst Upgrades, Downgrades, Initiations (DVN, XOM, HES, ITW, LEA, NFLX, PALM, PARD, SPWRA, VRTX)

These are this morning’s top ten analyst upgrades, downgrades, and initiations seen from Wall Street research calls:

Devon Energy (NYSE: DVN) Raised to Outperform at Wells Fargo.
Exxon Mobil Corp. (NYSE: XOM) Raised to Overweight at Barclays.
Hess Corporation (NYSE: HES) Raised to Buy at UBS.
Illinois Tool Works (NYSE: ITW) Raised to Buy at UBS.
Lear Corp. (NYSE: LEA) Started as Overweight at JPMorgan.
Netflix Inc. (NASDAQ: NFLX) Started as Buy at Collins Stewart.
Palm Inc. (NASDAQ: PALM) Raised to Buy at Kaufman.
Poniard Pharmaceuticals, Inc. (NASDAQ: PARD) Cut to Market Perform at Rodman & Renshaw.
Sunpower Corporation (NASDAQ: SPWRA) Cut to Neutral at Piper Jaffray; Cut to Market Perform at FBR Capital Markets.
Vertex Pharmaceuticals (NASDAQ: VRTX) Cut to Neutral at Merriman Curhan Ford.

You can join our open email distribution list to hear more news on key analyst calls, top day trader alerts, Buffett and other investment gurus, IPOs, secondary offerings, mergers and more.

JON C. OGG

Posted on: November 17, 2009 – 8:01 am in Pre-Market Activity, Trading Alert, , , , , , , , , ,

Top Day Trader Alerts (AMZN, BRCM, FRE, MSFT, SPWRA, SYNA)

These are this Friday morning’s top day trader and active trader alert stocks.  We have more detailed data on price, volume, and historical data with links through to each story at VSInvestor.com:

Amazon.com Inc. (NASDAQ: AMZN) blew through earnings estimates and is actually challenging all-time highs not seen since the 1998 to 2000 tech bubble.

Broadcom Corp. (NASDAQ: BRCM) is being left out of the rally as guidance was disappointing.

Freddie Mac (NYSE: FRE) is actually up marginally this morning despite an SEC Filing this morning showing that its mortgage delinquencies continued to rise in September.

Microsoft Corporation (NASDAQ: MSFT) is up almost 10% and hitting 52-week highs.

SunPower Corporation (NASDAQ: SPWRA) is feeling the downside of the solar trade and down almost 10%.

Synaptics Inc. (NASDAQ: SYNA) is up sharply and creating a serious short squeeze.

You can join our open email distribution list to get updates on top analyst upgrades and downgrades, top day trader alerts, IPO’s, secondary offerings, Warren Buffett and other guru activity, M&A and more.

JON C. OGG
OCTOBER 22, 2009

Posted on: October 23, 2009 – 9:05 am in Pre-Market Activity, Technology Companies, Trading Alert, , , , , ,

Top 10 Analyst Upgrades, Downgrades, Initiations (ACOR, IP, OPEN, PBR, SPWRA, ASML, LAZ, PETD, TRW, WDC)

These are this morning’s top 10 pre-market analyst upgrades, downgrades, and initiations which we have seen early from Wall Street research firms:

Acorda (NASDAQ: ACOR) Raised to Buy at Merriman Curhan Ford; Raised to Outperform at Baird.
International Paper (NYSE: IP) Started as Outperform at RBC.
OpenTable (NASDAQ: OPEN) Raised to Buy at Citigroup.
PetroBras, or Petrobras Brasileiro (NYSE: PBR) Started as Outperform at Bernstein.
Sunpower (NASDAQ: SPWRA) Raised to Outperform at Baird.
ASML (NASDAQ: ASML) Cut to Sell at Citi.
Lazard (NYSE: LAZ) Cut to Perform at Oppenheimer.
Petroleum Development (NASDAQ: PETD) Cut to Neutral at Sun Trust.
Travelers Cos (NYSE: TRV) Cut To Market Perform at KBW.
Western Digital (NYSE: WDC) Cut to Hold at Stifel Nicolaus.

You can join our open email distribution list to get updates each morning on analyst upgrades and downgrades, top day trader alerts, IPO’s and secondary offerings, Warren Buffett and other guru activity, M&A and more.

JON C. OGG
OCTOBER 15, 2009

Posted on: October 15, 2009 – 8:27 am in Analyst Calls, , , , , , , , , ,

A Solar Win in California, Sort Of (STP, FSLR, SPWRA, PCG, EIX, SRE)

Solar Roof ImageThe solar sector appears to be lightly benefiting from California legislation efforts that would secure above market rates as a feed-in tariff for small solar power generators.  California already has mandates calling for larger utilities to generate more power from alternative energy sources (as much as one-third by 2020).  The state already offers relatively high utility rates and solar subsidies and this will take what already one of the top solar markets to somewhat of a German model.

There is a larger effort at the California Public Utilities Commission, or CPUC, that may benefit larger players like Suntech Power Holdings Co. Ltd. (NYSE: STP), First Solar, Inc. (NASDAQ: FSLR), and SunPower Corp. (NASDAQ: SPWRA).  The discrepancy comes in over which companies will or will not benefit from the move if a smaller benefit comes into play or if it is the larger benefit.
Read More »

Posted on: October 12, 2009 – 9:56 am in Alternative Energy, Law, , , , , ,

Alternative Energy Shares Troubled (YGE, SPWRA, TSL, ENER, AONE, CRTP)

oilThis morning’s report on unemployment has cooled enthusiasm for shares across the board. Solar stocks are, for the most part, no exception. Yingli Green Energy Holding Co. Ltd. (YGE) is down nearly 3%, SunPower Corp. (SPWRA) is off more about 2.25%, Trina Solar Ltd. is down about 3.5%, and Energy Conversion Devices, Inc. (ENER) is off more than 3%. Two stocks, A123 Systems Inc. (AONE) and China Ritar Power Corp. (CRTP) are flying against the headwinds. A123 is up more than 7% and Ritar is up about 2% in early trading. Read More »

Posted on: October 1, 2009 – 10:42 am in Alternative Energy, Green Biz, , , , ,

Top Analyst Downgrades (ASH, CSIQ, CMM, VALE, ENER, SPWRA)

These are the early analyst upgrades and downgrades seen from Wall Street analysts early this Tuesday morning:

Ashland (ASH) Cut to Neutral at Susquehanna.
Canadian Solar (CSIQ) Cut to Neutral at Macquarie.
China MAss Media (CMM) Cut to Neutral at B of A Merrill Lynch.
Companhia Vale do Rio (VALE) Cut to Underperform at HSBC.
Energy Conversion (ENER) Cut to Underperform at Macquarie.
SunPower (SPWRA) Cut to Underperform at Macquarie.

JON C. OGG

Posted on: August 25, 2009 – 7:57 am in Analyst Calls, , , , , ,

Analysts Duel Over Solar Stocks (ASTI, CSUN, ENER, ESLR, FSLR, SFUN, STP, SPWRA, YGE)

solar-panel-picJefferies has made some key downgrades in the solar sector this morning.  There are few other calls that were upgrades from rival firms, but the downgrade seems to be more front and center as it was a sector call.

Ascent Solar (NASDAQ:ASTI) Cut to Underperform at Jefferies.
China Sunergy (NASDAQ:CSUN) Cut to Underperform at Jefferies.
Energy Conversion (NASDAQ:ENER) Cut to Underperform at Jefferies.
Evergreen Solar (NASDAQ: ESLR) Cut to Underperform at Jefferies.
First Solar (NASDAQ: FSLR) Cut to Hold at Jefferies.
SolarFun Power (NASDAQ: SFUN) Cut to Underperform at Jefferies.
SunPower (NASDAQ: SPWRA) Raised to Buy at Merriman Curhan Ford; Cut to Hold at Jefferies.
Suntech Power (NYSE: STP) Cut to Underperform at Jefferies; Cut to Neutral at Cowen.
Yingli Green Energy (NYSE: YGE) Raised to Overweight at HSBC.

JON C. OGG
AUGUST 21, 2009

Posted on: August 21, 2009 – 8:26 am in Alternative Energy, Analyst Calls, , , , , , , , ,

Top 10 Analyst Upgrades and Downgrades (AMGN, AVY, COLM, DSGX, EJ, JASO, KG, SCSS, SPWRA, THC)

These are the ten top analyst upgrades,downgrades, and initiations we have seen early this Friday morning with roughly two hours until the market opens:

Amgen (AMGN) Cut to Hold at Citigroup.
Avery Dennison (AVY) Raised to Overweight at JPMorgan.
Columbia Sportswear (COLM) Raised toOverweight at Barclays.
Descartes Systems (DSGX) Started as Overweight at Thomas Weisel.
eHouse China (EJ) Raised to Outperform at Oppenheimer.
JA Solar (JASO) Cut to Equal Weight t Barclay.
King Pharma (KG) Cut to Hold at Needham.
Select Comfort (SCSS) Reinitiated as Buy at KeyBanc.
SunPower (SPWRA) Started as Buy at Needham.
Tenet Healthcare (THC) Raisd to Outperform at Baird.

JON C. OGG
August 14, 2009

Posted on: August 14, 2009 – 7:51 am in Analyst Calls, , , , , , , , , ,

Top 10 Analyst Upgrades and Downgrades (SCHW, HSY, LEAP, PCS, MSFT, NFLX, POT, PLD, RSH, SPWRA)

These are the top ten analyst upgrades and downgrades we have seen from Wall Street this Friday morning with about two hours until the market opens for trading:

Charles Schwab (SCHW) Cut to Hold at Citigroup.
Hershey Foods (HSY) Cut to Sell at Deutsche Bank, but was Raised to Neutral at Credit Suisse.
Leap Wireless International (LEAP) Started as Buy at SunTrust Robinson Humphrey.
MetroPCS (PCS) Started as Buy at SunTrust Robinson Humphrey.
Microsoft (MSFT) Cut to Market Perform at FBR.
Netflix (NFLX) Cut to Underperform at Oppenheimer.
Potash Corp. (POT) Cut to Neutral at JPMorgan.
ProLogis (PLD) Raised to Neutral at JPMorgan.
RadioShack (RSH) Raised to Outperform at RBC.
SunPower (SPWRA) Raised to Outperform at FBR.

JON C. OGG
JULY 24, 2009

Posted on: July 24, 2009 – 6:45 am in Analyst Calls, , , , , , , , , ,

SunPower Surprise Leads Solar Shares Higher (SPWRA, FSLR, STP, ENER)

Solar Panel PicSunPower Corp. (NASDAQ: SPWRA) has managed to do what many were not expecting.  It blew the doors off of estimates.  Non-GAAP operating income for the quarter was $26.8 million, or $0.24 EPS.  Its revenues came in at $298 million, up from $214 million in Q1 but down from $383 million a year ago.  We had estimates pegged from Thomson Reuters at $0.14 EPS and $263.25 million in revenues.  It is also giving some solid guidance.  This is going to give a good hard boost for other larger solar players like First Solar, Inc. (NASDAQ: FSLR), Suntech Power Holdings Co. Ltd. (STP), and Energy Conversion Devices, Inc. (NASDAQ: ENER)

Posted on: July 23, 2009 – 4:12 pm in Alternative Energy, Earnings, Green Biz, , , ,

Will China Subsidies Save Solar Stocks? (LDK, STP, TSL, CSUN, JASO, FSLR, WFR, SPWRA, ENER, SOLR, CSIQ)

Solar Panel PicIf you saw how solar power stocks ran up today, you might think it was tied to higher energy prices from last week.  But the news that that ran shares is that the Chinese government plans to offer what appears to be some rather high subsidies for solar projects.  Due to the sizes and location of the Chinese companies and the desire for China to help Chinese companies, it seems that LDK Solar Co. Ltd. (NYSE: LDK), Suntech Power Holdings Co. Ltd. (NYSE: STP), Trina Solar Ltd. (NYSE: TSL), China Sunergy Co. Ltd. (NASDAQ: CSUN), and JA Solar Holdings, Co., Ltd. (NASDAQ: JASO) would be the largest beneficiaries.   Today is proof that many others can win outside of earnings news during earnings season.
Read More »

Posted on: July 21, 2009 – 5:09 pm in ADR, Alternative Energy, China, Green Biz, Politics, , , , , , , , , , ,

When Solar Leaders Fall More Than Oil Giants… On Oil (FSLR, STP, SPWRA, TAN, XOM, SLB, OIH)

Solar Panel PicOil Well ImageSolar stocks are again trading no differently than a leveraged bet on oil prices.  This is something we have noted on many occasions and with oil down by another -$2.59 at $64.14 per barrel in NYMEX WTI, that is looking to be the case again.  An analyst call on First Solar, Inc. (NASDAQ: FSLR) is not helping, and these two outside issues are bringing down Suntech Power Holdings Co. Ltd. (NYSE: STP) and SunPower Corporation (NASDAQ: SPWRA).

Even the Claymore/MAC Global Solar Energy (NYSE: TAN) is getting hit.   Where this gets interesting is that oil giants Exxon Mobil Corp. (NYSE: XOM) on the integrated side is down only 1.6% and Schlumberger Limited (NYSE: SLB) on the services side is down less than 3% at $51.00.
Read More »

Posted on: July 6, 2009 – 10:11 am in Alternative Energy, Green Biz, Oil & Gas, Trading Alert, , , , , , ,

JPMorgan Solar Picks and Pans (ENER, ESLR, FSLR, ASTI, SPWRA)

Solar Panel PicJPMorgan has decided to make some key solar ratings changes this morning.  The firm is cautious on the valuation of some in the position of a declining market trend right now, but there are some key takeaways here that are up as well.  Energy Conversion Devices, Inc. (NASDAQ: ENER) and Evergreen Solar Inc. (NASDAQ: ESLR) are up, while shares of First Solar Inc. (NASDAQ: FSLR) are getting slapped on this call today.
Read More »

Posted on: July 2, 2009 – 7:22 am in Alternative Energy, Analyst Calls, Green Biz, , , , ,

Short Sellers Pile Harder Into Large Solar Stocks (FSLR, STP, LDK, SPWRA, ENER, SOLR, JASO)

Solar Panel PicShort Selling looked higher in some of the key solar and alternative energy stocks.  Of the top 7 solar stock plays we track by market cap, six of the seven saw increased short selling for June 15 from May 29:

  • First Solar, Inc. (NASDAQ: FSLR) 7,659,466 shares short, a gain of 9.5% from 6,995,776.
  • Suntech Power Holdings Co. (NYSE: STP) 9,772,350 shares short, a drop of 8.7% from 10,706,960.
  • LDK Solar Co. Inc. (NYSE: LDK) 15,863,243 shares short, a gain of 15.6% from 13,719,877.
  • SunPower Corporation (NASDAQ: SPWRA) 14,181,909 shares short, a 2% gain from 13,885,421.
  • Energy Conversion Devices, Inc. (NASDAQ: ENER) 12,780,664 shares short, a gain of 1.04% from 12,649,722.
  • GT Solar International, Inc. (NASDAQ: SOLR) 6,163,075 shares short, a gain of 10.9% from 5,558,018.
  • JA Solar Holdings, Co., Ltd. (NASDAQ: JASO) 9,871,347 shares short, a gain of 48% from 6,652,651.

Jon C. Ogg
June 25, 2009

Posted on: June 25, 2009 – 8:56 am in Alternative Energy, Green Biz, Short Interest, , , , , , ,

Solar Players Looking Again Like Leveraged Oil Trades (FSLR, STP, SPWRA, LDK, ENER, TAN, PBW, CSIQ)

Solar Panel PicOffshore Rig PicInvesting in solar and alternative energy stocks comes with many risks.  We have often referred to many of these companies as being essentially nothing more than very leveraged speculative oil investments because when energy prices are low most forms of alternative energy are not competitive on a cost structure.  The drop of $2.62 per barrel to $66.93 in NYMEX WTI Crude is causing havoc in some of the mid-cap and speculative oils stocks.  It is also hitting shares of First Solar, Inc. (NASDAQ: FSLR), Suntech Power Holdings Co. Ltd. (NYSE: STP), SunPower Corporation (NASDAQ: SPWRA), LDK Solar Co.Ltd. (NYSE: LDK), and Energy Conversion Devices, Inc. (NASDAQ: ENER).  This is also seen directly in the ETFs of Claymore/MAC Global Solar Energy (NYSE: TAN) and PowerShares WilderHill Clean Energy (NYSE: PBW).  Speculative stocks like Canadian Solar Inc. (NASDAQ: CSIQ) look even worse.
Read More »

Posted on: June 22, 2009 – 10:05 am in Alternative Energy, Oil & Gas, Trading Alert, , , , , , , ,

Top Early Bird Analyst Upgrades & Downgrades (BIDU, BAX, CCL, IBM, LDK, MSFT, SPWRA)

money-stack-imageThese are the top big analyst calls from Wall Street we have seen very early this Friday morning with over two and a half hours until the market opens:

Baidu (BIDU) Started as Underweight with $244 target at HSBC.
Baxter (BAX) Started as Buy at BofA/Merrill Lynch.
Carnival (CCL) Raised to Outperform at Wachovia.
Hershey (HSY) was named as a Top Pick at Citigroup.
IBM (IBM) Started as Outperform at Cowen.
LDK Solar (LDK) Cut to Neutral at UBS.
Microsoft (MSFT) Added to Goldman Sachs Conviction Buy List.
SunPower Corp. (SPWRA) Raised to Buy at UBS.

Jon C. Ogg
June 19, 2009

Posted on: June 19, 2009 – 6:02 am in Analyst Calls, , , , , , ,

Baird Unexcited About Green and Less-Dirty Energy (FSLR, ENOC, MXWL, ITRI, SPWRA, ORA, CCC)

solar-panel-picRobert W. Baird has started several of the green or less-dirty energy players and water-plays in new coverage this morning.  Most of these are very unexciting ratings with a “Neutral” rating.  Among these are First Solar Inc. (NASDAQ: FSLR), EnerNOC (NASDAQ: ENOC), Maxwell Technologies Inc. (NASDAQ: MXWL), Itron Inc. (NASDAQ: ITRI), and SunPower Corporation (NASDAQ: SPWRA).  Ormat Technologies Inc. (NYSE: ORA) and Calgon Carbon (NYSE: CCC) were started with “Outperform” ratings at the firm.

Jon C. Ogg

Posted on: June 17, 2009 – 6:57 am in Alternative Energy, Analyst Calls, Green Biz, Water, , , , , , ,

Short Sellers Confused in Alternative Energy Bets (CSIQ, CPST, CLNE, ENER, ESLR, FSLR, FCEL, SOLR, JASO, LDK, SFUN, SPWRA, STP)

Solar Panel PicWe have seen the new short interest data out of the NASDAQ and NYSE for the end of May reports.  There are many mixed bets in the alternative energy sector.  While some of these are large bets on the surface, overall there was a very small change in the latest short interest data compared to months past.

COMPANY NAME (TICKER)……….. MAY 29… Change from May 15
Canadian Solar Inc. (CSIQ)…………2,549,840   -4.3%
Capstone Turbine Corp. (CPST)…… 17,568,058   +5.8%
Clean Energy Fuels Corp. (CLNE)….3,919,108   -0.1%
Energy Conversion Devices (ENER) 12,649,722  +3.7%
Evergreen Solar, Inc. (ESLR)………. 20,225,435  +0.5%
First Solar, Inc. (FSLR)………………  6,995,776    -2.4%
FuelCell Energy, Inc. (FCEL)………. 5,861,532   +1.7%
GT Solar International (SOLR)……. 5,558,018   -9.7%
JA Solar Holdings, Co. (JASO)……. 6,652,651   +10.4%
LDK Solar Co. Inc. (LDK)……………  13,719,877   +4.1%
Solarfun Power Holdings Co. (SFUN)  1,337,324 -7.1%
SunPower Corp. (SPWRA)……………. 13,885,421   +9.7%
Suntech Power Holdings Co. (STP)… 10,706,960  +8.1%

Usually you see a clear trend or direction in the alternative energy sector.  That does not appear to be the case.  As oil has risen steadily, the downside of betting against these may be to steep and managers telling their clients they bet against the rally after all the pain seen already is probably more than a tough sell.

JON C. OGG
JUNE 10, 2009

Posted on: June 10, 2009 – 9:03 am in Alternative Energy, Green Biz, Short Interest, , , , , , , , , , , , ,