JA Solar (JASO): Valuation Attractive

It was just back in mid-May that JA Solar (JASO) was flirting with a stock price of $25. Now the stock sits just above $15, as solar stocks have tanked in recent weeks (along with the rest of the market). But Oppenheimer would be a buyer of the stock as they see two near term announcements that will beat expectations and be catalysts for JASO:

  • 2009 production targets
  • polysilicon/wafer costs

Oppenheimer maintains OUTPERFORM on JA Solar (JASO).

See Also:
JA Solar (JASO): Limited Political And Supply Risk
JA Solar (JASO): Low Cost Production Make It Attractive

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