Deutsche Bank Publishes Report on Cleantech Companies
In its report, Deutsche Bank writes, “Our analysis suggests that the industry supply problem would likely take at least 3 quarters to resolve and solar stocks as such could continue to remain under pressure for the next quarter or so. WFR remains our preferred stock for investors seeking solar exposure. See downside risk in the case of FSLR with 2012 guidance call on 12/14 being the next potential catalyst. International poly suppliers are most vulnerable to deteriorating upstream supply dynamics, in our view.”
Companies included in the Deutsche Bank report are: JinkoSolar Holding Co. (NYSE: JKS), ReneSola (NYSE: SOL), Suntech Power Holdings Co. (NYSE: STP), Trina Solar Limited (NYSE: TSL), MEMC Electronic Materials (NYSE: WFR), and Yingli Green Energy Holdings (NYSE: YGE)
