LDK Solar (NYSE: LDK ) missed another debt payment in late August after missing payments in April and June. The company is quickly going the way of Suntech Power (NASDAQOTH: STPFQ ) , which is restructuring a debt laden business. Solar analyst Travis Hoium goes over the challenges facing LDK Solar in the video below.
LDK Solar and Suntech are both stocks to avoid but other parts of the energy sector are booming right now. To get the name and detailed analysis of a company that will prosper for years to come, check out the special free report: "The Only Energy Stock You'll Ever Need." Don't miss out on this limited-time offer and your opportunity to discover this under-the-radar company before the market does. Click here to access your report -- it's totally free.