“Solar Stocks Explode”; Renewable and Solar Energy Perspectives with J. Peter Lynch
Point Roberts, South Salem, New York- - Investorideas.com March 27th issue of Renewable and Solar Energy Perspectives with J. Peter Lynch.
Renewable and Solar Energy Perspectives with J. Peter Lynch
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Solar Stocks Explode
As I have said many times in the past, solar stocks are FAR MORE volatile than the average stock and that we can expect this above average volatility to continue because of the early stage of the industry and the general nature of the market we are in today. However, the past 4 trading days have been nothing less than spectacular for solar stocks. The 21 companies we track are up an AVERAGE of 42%, which to the best of my knowledge is an unprecedented move by any market sector in my experience. The average gain is close to 5 FOLD greater than the movement of the Dow, the S&P and the NASDAQ.
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