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What: Shares of China-based solar energy specialist JinkoSolar Holding
So what: The brutal earthquake in Japan caused partial meltdowns in two nuclear reactors, sending investors today to the safe cover of green and non-threatening solar stocks. Trina Solar
Now what: This reaction to the Japanese calamity probably won't last, if you ask me. Partial meltdowns may sound scary, but chances are that the Fukushima reactors will make it through this ordeal only partially damaged, ready for production again in a matter of months. That would be a serious vote of confidence for the safety of nuclear energy in general, given that the reactors were only built to withstand a calamity one-fifth the power of this quake. Tread lightly in solar territory today, but give unfairly punished Hitachi a second look.
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