Wall Street Fundamentals Releases New In-Depth Stock Reports on FSLR, PWER, SPWR and TSLA
Global clean energy investment totaled $53.1 billion in the second quarter of 2013, an increase of 22 percent when compared to the previous quarter, according to Bloomberg New Energy Finance (BNEF). The increase is a positive sign, but the total is still less than the $63.1 billion spent a year ago. The spike in clean-energy investment was driven by the U.S. where investment in renewables and so-called energy-smart technologies totaled $9.5 billion, an increase of 155 percent. “These figures are a mixture of sweet and sour,” Michael Liebreich, BNEF’s CEO, said in a statement. “On the sour side, 2013 globally is still running below 2012, which was itself down on the 2011 investment record.”
First Solar, Inc. (NASDAQ: FSLR) shares traded in the range of $44.90 to $46.70 Thursday before settling to close at $46.47, an increase of 4.08 percent. The stock appears to be facing some resistance at the $48.83 and $50.50 levels with some support at $46.17. Shares of First Solar have gained approximately 50.6 percent in 2013.
More information on First Solar and access to the free equity report can be found at:
www.WallStreetFundamentals.com/FSLR
Power One Inc. (NASDAQ: PWER) shares traded in the range of $6.33 to $6.34 Thursday before settling to close at $6.34, an increase of 0.16 percent. The stock appears to have stiff support at the $6.37 level. Shares of Power One have gained approximately 54.3 percent in 2013. The company in April agreed to be acquired by ABB for $6.35 a share.
More information on Power One and access to the free equity report can be found at:
www.WallStreetFundamentals.com/PWER
SunPower Corporation (NASDAQ: SPWR) shares traded in the range of $24.31 to $25.38 Thursday before settling to close at $25.35, an increase of 6.33 percent. The stock appears to have support at the $24.04 and $23.00 levels. Shares of SunPower have soared approximately 350.0 percent in 2013.
More information on Plug Power and access to the free equity report can be found at:
www.WallStreetFundamentals.com/SPWR
Tesla Motors Inc. (NASDAQ: TSLA) shares traded in the range of $122.35 to $126.09 Thursday before settling to close at $2.73, an increase of 2.73 percent. The stock appears to be facing some resistance at $132.78 with some support at $121.30. Shares of Tesla Motors have soared approximately 270.0 percent in 2013.
More information on Tesla Motors and access to the free equity report can be found at:
www.WallStreetFundamentals.com/TSLA
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Disclaimer: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. Wall Street Fundamentals has no financial relationship with any company whose stock is mentioned in this release.
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