SOURCE: The Bedford Report

The Bedford Report

November 17, 2010 08:46 ET

Expect More Volatility for These Solar Stocks

The Bedford Report Provides Analyst Research on JA Solar & GT Solar International

NEW YORK, NY--(Marketwire - November 17, 2010) - Solar stocks are way up for the year, although the last month has been extremely volatile. Huge sales in Germany combined with positive demand overall helped solar companies post record third quarter earnings, but many stocks recently sold off following the earnings reports due to concerns margins have peaked. Chinese solar stocks have been perhaps the most volatile because of growing concerns about U.S. complaints that China is subsidizing solar. The Bedford Report examines the outlook for companies in the Solar Industry and provides research reports on JA Solar Holdings Co. (NASDAQ: JASO) and GT Solar International, Inc. (NASDAQ: SOLR). Access to the full company reports can be found at:

Chinese solar companies posted impressive third quarter earnings this month and these firms have been the fastest growing in the world as they win market share in Europe and North America. JA Solar said earlier this month that its third quarter earnings more than quadrupled to $77 million, or 47 cents per share. The China based company also raised its forecast for shipments to more than 1.45 gigawatts in 2010 from a prior outlook of 1.35 GW. The company says it would add capacity to meet rising global demand, which is being fueled by declining subsidies in Germany as governments pare back spending to support renewable energy systems.

The Bedford Report releases regular market updates on the Solar Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us for free at and get exclusive access to our numerous analyst reports and industry newsletters.

New Hampshire-based GT Solar also posted impressive quarterly earnings this month. The company said net income was $42.8 million, or 28 cents per share, compared with $9.4 million, or 6 cents per share, a year ago. Shares jumped following the news as the company also raised its 2011 guidance to earnings of $1-$1.10 per share, on revenue of $775-$850 million, up from its earlier forecast of earnings of 90 cents-$1 per share on revenue of $700-$775 million.

The Bedford Report provides Analyst Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. The Bedford Report has not been compensated by any of the above mentioned publicly traded companies. The Bedford Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at

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