Beacon Equity Research announces the release of Trade Alerts covering Alternative Energy Stocks: Capstone Turbines Inc. (Nasdaq: CPST), Suntech Power Holdings Co. Ltd. (NYSE: STP), Siemens AG (NYSE: SI), General Electric Co. (NYSE: GE), Yingli Green Energy Holding Co. Ltd. (NYSE: YGE) and FPL Group Inc. (NYSE: FPL).
In the Trade Alert, the author highlights Capstone Turbine’s revenue increase of approximately 25% for the third quarter of 2009:
“Capstone Turbine Corp. (CPST) shares dropped 8.08% to hit 56 cents in today’s mid-morning trading. Capstone engages in developing, manufacturing, marketing and servicing microturbine technology solutions. … The company recently reported financial results for its third quarter ended December 31, 2008. Capstone’s revenue for the third quarter was $11.5 million, an increase of approximately 25% from the same period last year. The company shipped 116 units in the third quarter of fiscal 2009, compared to 121 units for the same period last year. … Capstone also announced it has entered into a revolving credit facility with Wells Fargo Business Credit, an operating division of Wells Fargo Bank, National Association.”
The Trade Alert author also featured Suntech’s estimates U.S. solar demand could reach up to 700 megawatts in 2009, depending on stimulus package:
“Suntech Power Holdings Co. Ltd. (STP) shares rose 3.94% to $7.13 in today’s mid-morning trading. Suntech designs, develops, manufactures and markets various photovoltaic (PV) cells and modules to provide electric power for residential, commercial, industrial and public utility applications worldwide. … As it prepares for growth in the United States, France, Italy and Japan in 2009, the company projects a bright outlook. According to Steven Chan, Suntech's chief strategy officer, during a conference call with analysts, Suntech estimates solar panel demand in the United States could reach 400 megawatts to 700 megawatts in 2009, while the global market could take in more than 5 gigawatts. However, Chan cautioned that the U.S. outlook depends largely on the stimulus package that President Obama recently signed.”
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Beacon Equity Research
Jeff Bishop, (469)-252-3505
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