Yingli Green Energy (YGE): Never Mind Stock Collapse, Says Piper, This Is Best Solar Co Of All

Yingli Green Energy (YGE), a China-based vertically integrated photovoltaic (PV) product manufacturer, has plummeted below $15, about 1/3 of its price at the beginning of 2008.

That collapse is pretty much the status quo for the solar industry right now amid worries about solar subsidy cuts and a broader bear market. But Piper, who rarely sees a solar stock it doesn’t like, is again undeterred.

Piper believes YGE is the best positioned stock in solar long term because it has the lowest non-silicon processing cost. And, of course, Piper sees YGE beating consensus estimates for Q2.

Piper reiterates BUY on Yingli Green Energy (YGE).

See Also:
Solarfun Power (SOLF), Yingli Green Energy (YGE) and Others: 50%+ Exposure To Spain (YGE, SPWR, STP, CSIQ, SOLF)
Spain Solar Subsidy Proposal Crushes Yingli Green Energy (YGE), Solarfun (SOLF), First Solar (FSLR), et al
Yingli Green Energy (YGE): News Sales Contracts Positive, But Pricing Key (YGE)


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