Solar stocks are in focus this earnings season, as the space continues to struggle. Earnings estimate revisions haven’t been too favorable for this group and the solar industry is now looking at a bottom 50% industry rank too.
However, not every company in this group is facing the same issues and you need to know which are poised to face the most pressure this earnings season. In particular, we take a closer look at two of the bigger names in this segment for a few more clues about this sector’s near term direction…
JA Solar
Shares of JASO have been in a relatively narrow range for years, even though the company does have a relatively solid track record in earnings season. The problem here is that JASO doesn’t have any growth when it comes to earnings estimates, so it is hard to like a company in a growth sector that isn’t improving earnings. The company was just bumped up to ‘hold’ territory so that is a plus, while its fundamental score of ‘A’ is impressive, so it isn’t all bad for JASO.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Solar stocks are in focus this earnings season, as the space continues to struggle. Earnings estimate revisions haven’t been too favorable for this group and the solar industry is now looking at a bottom 50% industry rank too.
However, not every company in this group is facing the same issues and you need to know which are poised to face the most pressure this earnings season. In particular, we take a closer look at two of the bigger names in this segment for a few more clues about this sector’s near term direction…
JA Solar
Shares of JASO have been in a relatively narrow range for years, even though the company does have a relatively solid track record in earnings season. The problem here is that JASO doesn’t have any growth when it comes to earnings estimates, so it is hard to like a company in a growth sector that isn’t improving earnings. The company was just bumped up to ‘hold’ territory so that is a plus, while its fundamental score of ‘A’ is impressive, so it isn’t all bad for JASO.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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