Despite the fact solar as a sector has been extremely beaten down, it would be foolish for the long-term investor to ignore the industry as a whole. Photovoltaic manufacturers are hurting because of the overproduction of cells. Additionally, the industry is suffering from a widening tariff war between China, the U.S. and the E.U., an atmosphere that is never good for business.
Buying individual photovoltaic stocks now may be a bit like catching a falling knife, since there will likely be more bankruptcies and other disappointments. Having said that, 15% annual growth cannot be disregarded. A well-diversified portfolio of solar stocks could be an excellent move for the long-term investor.
. . . here’s one of several graphics from the piece:
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