Wall Street Fundamentals Releases New In-Depth Stock Reports on CSIQ, LDK, TSL and YGE

Asian markets received a boost Monday as China’s government statistics bureau reported GDP grew 7.5 percent in the second quarter, although down from a 7.7 growth in the previous quarter it was in line with economists’ forecasts. Solar stocks were amongst the biggest gainers Monday after the Chinese government announced plans to quadruple solar capacity to 35 gigawatts by 2015, roughly 10 gigagwatts a year from 2013 to 2015. The government has also stated it would encourage banks to continue lending to large profitable solar manufacturers.

Canadian Solar Inc. (NASDAQ:CSIQ - News) shares traded in the range of $11.77 to $14.08 Monday before settling to close at $13.93, an increase of 20.61 percent. The stock appears to have some support at the $13.47, $11.73 and $10.92 levels. Shares of Canadian Solar have gained approximately 310.0 percent in 2013.

More information on Canadian Solar and access to the free equity report can be found at:
www.WallStreetFundamentals.com/CSIQ

LDK Solar Co., Ltd. (NYSE:LDK - News) shares traded in the range of $1.49 to $1.77 Monday before settling to close at $1.75, an increase of 21.53 percent. The stock appears to be facing some resistance at the $1.96 and $2.04 levels with some support at $1.65. Shares of LDK Solar have gained approximately 21.5 percent in 2013.

More information on LDK Solar and access to the free equity report can be found at:
www.WallStreetFundamentals.com/LDK

Trina Solar Limited (NYSE:TSL - News) shares traded in the range of $7.05 to $7.81 Monday before settling to close at $7.74, an increase of 12.66 percent. The stock appears to have some support at the $7.40, $6.68 and $6.38 levels. Shares of Trina Solar have gained approximately 78.3 percent in 2013.

More information on Trina Solar and access to the free equity report can be found at:
www.WallStreetFundamentals.com/TSL

Yingli Green Energy Hold. Co. Ltd. (NYSE:YGE - News) shares traded in the range of $3.85 to $4.17 Monday before settling to close at $4.16, an increase of 11.23 percent. The stock appears to have some support at the $3.93, $3.85 and $3.62 levels. Shares of Yingli Green Energy have gained approximately 77.0 percent in 2013.

More information on Yingli Green Energy and access to the free equity report can be found at:
www.WallStreetFundamentals.com/YGE

Wall Street Fundamentals offers our members a full range of investor services including in-depth equity reports on your favorite companies and timely market updates featuring the hottest stocks trending in the marketplace.

Activate your always free membership by signing up at www.WallStreetFundamentals.com today.

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.

Contact:
Wall Street Fundamentals
Website: www.WallStreetFundamentals.com
Email: editor@wallstreetfundamentals.com

Today's Headlines

Search