Stock Alert: DQ, JKS
by Harris Roen Editor
Roen Financial Report
Wednesday, July 8, 2015
Today’s Alert:
Daqo New Energy Corp (DQ)
JinkoSolar Holding Co, Ltd (JKS)
Significant price drops for these two Chinese solar stocks.
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| Daqo New Energy Corp is down 22% in a week, despite an analyst upgrade from a “strong sell” to a “hold” rating. This Chinese solar panel producer is off 38% for the year, but has risen more than 10 fold from its lows of 2012. | The Legacy |
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| JinkoSolar drops 11% in two days on mixed earnings estimates revisions and downward price momentum. This volatile Chinese solar stock is now down 5% for the year, and is 31% below its high reached in 2014. | Zacks |
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