Five Solar Stocks That Could Triple
Updated from 6:59 a.m. EDT
Every investor's dream is to find a stock that could rise three-fold or more and get long the name before it happens. Of course, we all know that finding these explosive stocks isn't always an easy task. It takes a great deal of research to find the right stock in the right industry that is growing fast and has the potential to make such a large move.
One sector that I believe is ripe with three-fold potential gainers is the solar complex. Worldwide, the solar space is expected to grow by 25% every year for the foreseeable future. Some analysts think that solar power could account for 10% of the electricity generated in the U.S. by 2025.
The growth in the solar sector is still in the early innings of what should be a very long game. Investors who find the gems in this sector have the potential to be awarded with large gains.Recently, we wrote about five solar stocks with great potential to make investors a lot of money, including Trina Solar (TSL) and Canadian Solar (CSIQ). This week we're focusing on five more solar stocks, which we think have the potential to triple in the next couple of years. For the rest of the story, and for five solar stocks that could go up three-fold by 2010, please click here.
A note from James Altucher: Every weekend I send an email to Jim Cramer and several hedge fund managers about the most interesting portfolios posted on Stockpickr that week. Usually those portfolios not only list stocks according to a theme but also offer significant analysis as to why the stocks are cheap. Here are some examples:
- Stocks related to drilling the Marcellus Shale
- MLPS with yields above 7%
- Microcaps trading for less than tangible book
- Stocks that do well after Hurricanes
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV