This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

5 Stocks Slump to 52-Week Lows: Wynn, First Solar

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player


"Once again, management said they believe DVU new enrollment declines are bottoming, but that they can't call a positive inflection point yet; they think deflated consumer confidence, not rising competition, remains the primary headwind," Credit Suisse analysts wrote in an April 25 report. "While offering no specific guidance, they said they expect FY13 YoY earnings decline on flat-to-down revenue; they remain bullish on long-term growth prospects."

Shares of DeVry hit a 52-week low on Monday of $28.16. The stock's 52-week high of $66.85 was set on July 21.

DeVry's forward P/E is 9.28; the average for specialty consumer services companies is 13.12.

Ten of the 19 analysts who cover DeVry rated it buy; nine analysts gave the stock a hold rating.

The stock has fallen 25.38% year to date.

First Solar

"The significant growth in U.S. solar installations (111% in 2011) has been fueled by dropping prices of solar panels," Cantor Fitzgerald analysts wrote in a May 18 report. "This made everything from residential solar to utility-scale solar financially viable. We believe that many projects will now be in limbo as developers try to make the business case with increased costs. This takes the nascent U.S. solar industry evolution out of the hands of entrepreneurs and technologists and into the hands of politicians, bureaucrats, and lawyers."

Shares of First Solar hit a 52-week low on Monday of $13.37. The stock's 52-week high of $142.22 was set on June 30.

First Solar's forward P/E is 3.39; the average for renewable energy equipment companies is 8.09. For comparison, SunPower (SPWR) has a higher forward P/E of 19.66.

Twenty-seven analysts who cover First Solar rated it hold. Six analysts gave the stock a buy rating and another six rated it sell.

The stock has fallen 59.14% year to date.

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

-- Written by Alexandra Zendrian

>To contact the writer of this article, click here: Alexandra Zendrian

>To submit a news tip, send an email to:

>To follow the writer on Twitter, go to Alexandra Zendrian.
3 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
DV $16.00 -2.80%
EXC $35.37 0.31%
FSLR $51.95 0.33%
SYMC $16.60 -0.45%
WYNN $90.50 -0.80%


Chart of I:DJI
DOW 17,660.71 +9.45 0.05%
S&P 500 2,050.63 -0.49 -0.02%
NASDAQ 4,717.0940 -8.5450 -0.18%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs