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Nov 16-20: Solar Tops Dow, Nasdaq
By: David Brands   Saturday, November 21, 2009 4:16 PM

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Third straight positive week for solar

The 20 Solar Stock Index (20SSI) gained just over 6 points for the week but it was enough for a 1.58% rise since last Friday. The Dow hopped about 48 points for about a .5% gain; the NASDAQ actually lost 22 points, slightly over a 1% drop.

MarketWatch reports most U.S. stocks ended the week with losses but small gains in health care stocks and consumer-related shares kept things from being worse. Although solar stocks did fairly well, most tech stocks were the biggest losers.

Twelve companies in the 20SSI finished ahead; average increase per stock was 2.64%. It was the third consecutive week of gains for the index and LDK Solar, SolarFun, Canadian Solar, Trina Solar and Akeena Solar lead the pack. SunPower was the week's biggest loser, dropping 23%.

20 Solar Stocks Index Week of Nov 16-20, 2009

Monday Open Friday Close Up/Down % Change Close 1/5/09* Close 3/6/09**
Dow Jones DJIA 10270.47 10318.16 +47.66 +.4643% 8952.89 6626.95
NASDAQ 2167.88 2146.04 -21.84 -1.017 1628.03 1293.85






Akeena Solar AKNS .95 1.07 +.12 +12.63 2.28 .61
Amtel Systems ASYS 5.80 6.15 +.35 +6.034 4.00 2.73
Applied Materials AMAT 12.72 12.28 -.44 -3.583 10.67 8.70
Canadian Solar CSIQ 18.45 21.01 +2.56 +13.87 7.00 3.0601
ECD (UniSolar) ENER 10.94 10.57 -.37 -3.500 29.33 17.45
Entech Solar ENSL.OB .1200 .1071 -.0129 -12.04 .28 .23
Evergreen Solar ESLR 1.48 1.47 -.01 -.6802 3.60 1.03
First Solar FSLR 118.30 121.18 +2.88 +2.434 157.80 108.49
GT Solar Int. SOLR 4.72 4.74 +.02 +.4237 4.00 4.02
JA Solar JASO 4.12 3.96 -.16 -4.040 5.09 1.91
Kyocera KYO 81.11 78.90 -2.21 -2.801 71.87 54.21
LDK Solar LDK 6.39 8.00 +1.61 +25.19 14.84 4.40
MEMC Elect. WFR 13.07 12.08 -.99 -8.195 15.76 13.68
Renesola SOL 4.05 4.08 +.03 +.7407 5.15 2.1201
Satcon SATC 1.92 2.02 +.10 +5.208 1.60 1.23
SolarFun SOLF 5.59 6.64 +1.05 +18.78 6.12 2.30
SunPower SPWRA 26.42 21.48 -4.94 -22.19 45.13 23.39
SunTech STP 13.72 15.18 +1.46 +10.64 13.55 5.34
Trina Solar TSL 39.70 44.43 +4.73 +12.67 10.09 7.23
Yingli YGE 13.45 13.75 +.30 +2.230 7.25 3.888
20SSI Weekly Cumulative: Previous 383.02 Current 389.09 Change +6.07/+1.58% Avg Stock +2.64% 1/05/09* 415.41 3/06/09** 266.01
* The starting date of the 20 Solar Stock Index (20SSI).
** The Concensus "new" bull market began on Monday, March 9, 2009.
NOTE: All above stocks have market capitalization of $100M+ except Akeena Solar, Amtel Systems
and Entech Solar. This listing is strictly informational and implies neither endorsement or disapproval
of any stock listed. Comments and suggestions are always welcome.

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The above story is the opinion of the author only and it does not reflect iStockAnalyst opinion. Further, the author is not personally advising you regarding the suitability of the story for your investment needs. In no event iStockAnalyst will be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from or arising out of, or in connection with the use of this information. Please consult your investment advisor before making any investment decision.
  
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