SOURCE: Paragon Financial Limited

Paragon Financial Limited

February 22, 2012 08:20 ET

Renewable Energy Stocks Continue to Skyrocket Despite Weak Forecasts

The Paragon Report Provides Equity Research on American Superconductor & Power-One

NEW YORK, NY--(Marketwire - Feb 22, 2012) - Renewable energy stocks have been on fire of late. The PowerShares Wilderhill Clean Energy Portfolio (PBW) has surged more than 22 percent year to date - outperforming the Dow Jones Industrial Average by roughly 72 percent in 2012. The Paragon Report examines investing opportunities in the Alternative Energy Sector and provides equity research on American Superconductor Corporation (NASDAQ: AMSC) and Power-One, Inc. (NASDAQ: PWER). Access to the full company reports can be found at:

According to a US energy sector report from EIC Consult, solar and wind power are leading the way in renewable energy. While there is a need for renewable technologies to become more competitive when compared with cheap gas, the report predicts that renewables will have an increasingly important role in the future US energy mix. EIC Consult's Country Overview report found that one of the key challenges for renewable development in the US is the need for technologies to become more cost-competitive when up against cheap gas.

The Paragon Report provides investors with an excellent first step in their due diligence by providing daily trading ideas, and consolidating the public information available on them. For more investment research on the Alternative Energy sector register with us free at and get exclusive access to our numerous stock reports and industry newsletters.

American Superconductor Corporation, together with its subsidiaries, provides wind and power grid products and services primarily in North America, Europe, and the Asia-Pacific. Earlier this month the company posted its fourth straight quarterly loss and gave a lower-than-expected outlook, as it continues to reel under the loss of Sinovel Wind Group "with no respite in sight," Reuters reports. AMSC forecast fourth-quarter adjusted loss of less than 39 cents a share, with revenue exceeding $27 million.

Power-One, Inc. designs, manufactures, and markets power conversion and power management solutions for the renewable energy (RE), communications infrastructure, and other technology markets. The company posted better-than-expected fourth-quarter results, but forecast weak first-quarter sales. October-December profit fell to $32 million, or 21 cents a share, compared with $53.5 million, or 35 cents a share, in the year-ago period. For the first quarter, the company forecast revenue of $190 million to $210 million.

The Paragon Report has not been compensated by any of the above-mentioned publicly traded companies. Paragon 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