LDK Clouds Hang Over Solar Stocks (LDK, SOL, STP, TSL, CSIQ, JKS, JASO)

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SOLAR INVESTING IDEAS

• Popular long ideas: FSLR, STP, LDK
• Popular short ideas: FSLR, JASO, STP
• Top dividend plays: None
• Pro favorites: WFR, GTAT, EMKR

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Companies focused on Solar energy generation and technology

• Small Solar Companies May Experience Hard Landing (SOLR, AMAT, FSLR, SPWRA, JKS, YGE)
• Goldman: First Solar A Better Bet Than SunPower (FSLR, SPWRA, JKS, SOL, YGE, TSL)
• Plenty Of Analyst Chatter On Solar Stocks, Most Of It Negative (TSL, LDK, HSOL, CSIQ, JASO, WFR)

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SOLAR METRICS

Avg. Market Cap:	$525.5M
Avg. P/E Ratio:	10.5
Avg. Div Yield:	0.0%

Shares of Chinese solar firm LDK Solar Company (LDK) are plunging 5% after the company slashed its first-quarter revenue forecast to $745-$755 million from $800-$850 million while also paring its forecast for solar wafer sales in the quarter. LDK now expects sales of 625-635 megawatts, below the 610-660 MW the firm previously forecast.

Solar module sales would also fall short and were now seen between 109 to 114 MW, down from the previous range of 120 to 140 MW, according to Reuters. While LDK stuck by its full-year revenue guidance of $3.5-$3.7 billion, that isn’t enough to help the Solar Stocks Index, which is down 1%.

LDK did note that orders in the first quarter outpaced what the company saw a year earlier and added that it expects polysilicon prices to increase. Despite the bullish sentiment, several of LDK’s rivals are following the company lower.

ReneSola (SOL), Suntech Power Holdings Co (STP) and Trina Solar (TSL) are all down 3% while Canadian Solar (CSIQ), JinkoSolar Holding (JKS) and JA Solar Holdings (JASO) are all lower by 2%.

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Tags: CSIQ, JASO, JKS, LDK, SOL, STP, TSL