Jefferies Has Thoughts On The Solar Indsutry (JASO, YGE, SOLF)

Jefferies & Co. is out with a research report this morning on the solar industry. It is reiterating its Buy ratings on Trina Solar

, Yingli Green Energy

, JA Solar Holdings Co., Ltd.

, and Solarfun Power Holdings Co., Ltd.

. In a note to clients, Jefferies writes, "We believe more German/Japanese brands are persuing a white label module approach, sourcing modules from China. We believe JASO and SOLF are primary beneficiaries while TSL and YGE are unlikely to manufacture a module for another brand. Interestingly, we believe white label customers can achieve ASP premiums by leveraging premier brand names from Europe." Get free trades at