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Where To Next For Solar PV Stocks?
Posted on June 18, 2009
Charles MorandThere was an interesting post in Barron's tech trader daily on Monday discussing how solar PV stocks are coming under pressure, in part because product prices are falling further than expected. About a month ago, I discussed the potential return effect for households in given states of removing the $2,000 ITC cap.Such measures, it seems, are failing to kickstart demand, and solarrecovery might end up being significantly slower than many had beenexpecting.Case in point, since hitting a high of $11.49 on June 11, the TAN ETF is down about 12%. KWT,for its part, hit a high of $17.3...
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