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Good News: Solar Stocks Pop Again (Update)

Stock quotes in this article: YGE , CSIQ , LDK , STP , SOLF , JASO , SPWRA  

Updated from 4:27 p.m. EDT, May 26

Shares of solar-energy companies rose sharply for a second straight day Wednesday as optimism appeared to flow again into a sector known for its volatility and speculative interest.

On Tuesday, Yingli Green Energy(YGE Quote) received an upgrade from an analyst at Lazard Capital Markets, and Canadian Solar(CSIQ Quote) reported a narrower-than-expected loss. Both stocks popped and took the sector higher with them.

Yingli shares jumped as much as 20% yesterday, and have continued to rise since, changing hands in afternoon action Wednesday at $12.26, up 10%, or $1.12, on volume of 8 million shares. Average daily volume is 6 million. ...

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