Energy Conversion Devices (ENER)
We remain optimistic about Energy Conversion Devices' (ENER - Analyst Report) long-term potential success in the high growth alternative energy industry, given increased activity in solar power projects, federal incentives, and extension of the federal ITC.
The company does face ongoing challenges, however, and the company's Q4 2009 earnings results fell short of Zacks' expectations.
Our existing price target of $20.00 reflects a multiple of approximately 28.5x our 2010 earnings estimate. The shares are currently trading at approximately 17.9 our 2010 earnings estimate.
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| Market Summary | Nov 22, 2009 01:51 am ET |

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they also have a JV with china to sell panels to china market
they have a berkshire hatthaway company as a customer
tahts right warren buffets company
does that tell you something about the quality
of this company
i think it should
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