Market Overview

Solar Stocks Rallying On Monday (FSLR, CSIQ, JASO, SOLF, TSL, LDK, JKS)

Significant accumulation is taking place in the solar complex on Monday. The entire sector is rising, led by LDK Solar (NYSE: LDK) and JinkoSolar Holding (NYSE: JKS). LDK increased its guidance this morning for the third quarter and full year. JKS was upgraded from Hold to Buy at Collins Stewart. Subsequently, both of these stocks have been off to the races, and lifted the entire sector. LDK Solar shares have surged 15.41% to $11.31. JinkoSolar has gained 14.39% and is currently trading at $30.61.

Here is a look at some other leading solar names today:

First Solar (NASDAQ: FSLR) +2.17% to $140.61

Canadian Solar (NASDAQ: CSIQ) +6.72% to $16.53

JA Solar (NASDAQ: JASO) +4.31% to $9.49

Solarfun Power Holdings (NASDAQ: SOLF) +6.10% to $12.34

Trina Solar (NYSE: TSL) +5.89% to $30.21

Posted-In: Intraday Update Movers

 

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