Based on the aggregated intelligence of 170,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, solar-wafer maker ReneSola
With that in mind, let's take a closer look at ReneSola's business and see what CAPS investors are saying about the stock right now.
|Headquarters (founded)||Jiashan, China (2003)|
|Market Cap||$850.25 million|
|Trailing-12-Month Revenue||$1.21 billion|
CEO Xianshou Li (since 2005)
CFO Julia Xu (since 2010)
|Return on Capital (average, past 3 years)||7.7%|
|Cash/Debt||$294 million / $522.3 million|
MEMC Electronic Materials
Yingli Green Energy
Sources: Capital IQ (a division of Standard & Poor's) and Motley Fool CAPS.
Just last month , Jonebone tapped ReneSola's recent price weakness as an opportunity to pounce: "$15 by summer, going to be one of the leaders in the Chinese solar market. Perfect fundamentals as well as an awesome technical pullback, this is a no-brainer."
In fact, ReneSola currently sports a particularly paltry forward P/E of 4.8. That represents a clear discount to rivals such as MEMC (8.8), Trina Solar (6.7), and Yingli Green (7.9).
Everything looks good with ReneSola Ltd (SOL).
Revenue increased by 136% in 2010. Growth was driven by strong sales of the company's popular solar modules. For the full 2011 year, analysts project revenue will increase 11.3% to $1.3 billion, then another 4.1% to $1.4 billion, by 2012, as shipments and customer orders continue to increase.
Along with high growth outlook, SOL has an equally as bright earnings outlook. And to top it off, the stock has a low trailing price-to-earnings ratio (P/E) under 5.
What do you think about ReneSola, or any other stock for that matter? If you want to retire rich, you need to put together the best portfolio you can. Owning exceptional stocks is a surefire way to secure your financial future, and on Motley Fool CAPS, thousands of investors are working every day to find them. CAPS is 100% free, so get started!
We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Fool's disclosure policy always gets a perfect score.