Beat the Street: Solar Shorts Outshine Retail
TheStreet.com'sBeat the Street contest has a new leader, relying on the solar sector.
Retail stocks had bolstered the leading portfolios Tuesday and Wednesday, but on Thursday Epharis' portfolio grew to $280,518 on the strength of moves in five alternative energy stocks:
Solarfun
(SOLF)
,
Yingli
(YGE)
,
LDK Solar
(LDK)
,
JA Solar
(JASO)
and
Suntech Power
(STP)
.
The contest will come down to sector performance. Retail remained a prominent sector among the our second and third-place contestants, JTrooper30 at $279,823 and LL122393 at $279,671. JTrooper is long
Dell
(DELL) - Get Report
, which could serve him well judging by the
aftermarket reaction to the company's earnings
. On the other hand, our leader and the fourth- and fifth-place players -- Wiseman1M at $279,040 and RogerJ at $278,399 -- have all-short portfolios focused on solar stocks.
Registered players can go to the Beat the Street
and see what stocks the other players have chosen, and all players should keep abreast of the game in the
.
The next Beat the Street game will be held next week, so if you missed this week, you can sign up this evening, and also be sure to keep an eye for our announcement of this week's winner.
The current week includes 7112 players who made 27,932 long stock picks and 9095 short picks. In this short week, 1467 players took advantage of the opportunity to adjust their portfolios, including two of our leaders. The five most popular stocks were
AMR
(AMR)
,
Apple
(AAPL) - Get Report
, Solarfun,
US Airways
(LCC)
and
United
(UAUA)
.
This article was written by a staff member of TheStreet.com.