Thursday, April 9, 2009

MEMC: Betting On Two, Two, Two Recoveries At Once! (WFR) LDK; SOLR

Tech Trader Daily has three, three solar stories at once! Here the WFR post:
With MEMC Electronic Materials (WFR), investors have the opportunity to pick the bottom in just not one troubled market sector, but two of them: semiconductors and solar cells.

MEMC sells both raw polysilicon and silicon wafers to both the chip and solar sectors. The recession has crushed demand in the end market for both, putting immense pressure on WFR shares. (Or at least, until recently.) But that also sets the company up for a double-recovery, Broadpoint.Amtech analyst John Hardy reports in a research note this morning.

Hardy today repeated his Buy rating on the stock, while upping his price target to $25, from $16....MORE
And the others:
LDK Solar: Wedge Sees Q1 Revs Falling Way Short
GT Solar: Barclays Launches With Equal Weight Rating