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Emerging-Market ADRs Recover

Stocks in this article: IGTE CTSH PTI CHBT CSKI SORL CAAS

5. Yingli Green Energy (YGE) is a vertically integrated photovoltaic (PV) product manufacturer. Under its own brand name, the company modules, and designs, assembles, sells and installs PV systems. The stock leaped 6.7% last week.

During the last week, Yingli and U.S. Soccer announced its multi-year agreement that establishes Yingli Green as the first official renewable energy partner of U.S. Soccer and the U.S. Men's, Women's, and Youth National Teams through the end of 2014.

As per a Digitimes report, despite photovoltaic (PV) prices falling and countries continuing to trim subsidies for the expensive technology, solar producers in China are smart enough to make investments currently in order to push down the costs later. High efficiency PV manufacturers like Yingli, JA Solar Holdings and Renesola are seeking for capacity expansion at least through 2012.

Of the 28 analysts covering the stock, 32% recommend a hold while the rest rate a buy on it. Analysts polled by Bloomberg project 43.8% upside to $9.13 in value from current levels.

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