This Day On The Street
Continue to site right-arrow
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
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Spotlight on Technology Earnings


NEW YORK ( TheStreet) -- Earnings season is just around the corner, but this week offers almost 20 market-moving stocks to track closely.

Remember that option premiums generally climb into earnings, so if you want to hedge as a buyer or seller act accordingly.

Before the Open:

 LDK Solar (LDK)

What it Does:

LDK is a manufacturer of multicrystalline solar wafers, which are the principal raw material used to produce solar cells. LDK sells these wafers globally to manufacturers of photovoltaic products, including solar cells and solar modules. The company was founded in 2005 and is based in Xinyu City, China. LDK trades an average of 1.9 million shares per day with a market cap of $285 million.

LDK is anticipated to report weak first-quarter earnings before the market opens on Tuesday. The consensus estimate is currently -$1.14 a share, a decline of $2.09 (220 percent) from 95 cents during the same period last year. Last quarter the estimate was for a loss of 85 cents, but LDK reported $3.78 less than the estimate for a whopping loss of $4.63 per share.

In the last month the stock has fallen 28% and is below all the major moving averages. The most bullish case I can make for LDK is the stock has sold off so much that it's due for a dead cat bounce. Otherwise, unless your time horizon is over 10 years, LDK is dead money.

United States and China may start to go tit-for-tat with trade sanctions in the solar space, and trade wars always end the same way -- lots of losers and no winners. Investing in solar right now is like mowing grass in a field full of landmines; sooner or later it will end badly, and you will only have yourself to blame.

Granted, if solar makes a breakthrough in technology, prices could move higher in a quick hurry. But carbon-based energy is cheap and plentiful, so higher pump prices will not add sunshine into solar stocks in the near future. (See my article .)

Revenue year-over-year has fallen to $2.10 billion in the last fiscal year compared to $2.51 billion in the previous year. The bottom line also has falling earnings year-over-year of -$655.46 million last fiscal year compared to $290.8 million in the previous year.

1 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, 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
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

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.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

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.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,356.87 +288.00 1.69%
S&P 500 2,012.89 +40.15 2.04%
NASDAQ 4,644.3120 +96.4780 2.12%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs