Solar Tariffs on China: Good for FSLR and SPWR
The Commerce Department affirmined its ruling yesterday that certain Chinese companies dumped their products on the U.S. market and received unfair subsidies from the Chinese government.
The department adjusted some of the tariffs it wants to impose on the Chinese makers, with some companies seeing a slightly lower burden and others a slight increase. The tariffs generally range from about 24% to nearly 36% for leading Chinese makers.
The department said Chinese solar-panel makers including Suntech Power Holdings Co. (STP) -2.31% and Trina Solar Ltd. (TSL) have been selling panels at unfairly low prices.
What does this mean for U.S. Solar Sector stocks such as First Solar (FSLR) and SunPower (SPWR)?
Obviously, there will be less supply dumped on the market, so Solar Panel margins won't continue their death spiral to 0.
Mastery Bottom Line:
It could be a great time to get back in to Solar. The Masters recommend FSLR and SPWR.
Best of the Blogs
Scanning and identifying the best blog entries every hour
- Veteran S&P Futures Trader: "I Am 100% Confident That Central Banks Are Buying S&P Futures" | ZeroHedge
- Sell, Sell, Sell... The Central Bank Madmen Are Raging | ZeroHedge
- Goldman's Two-Word Summary Of The PBOC Rate Cut: "Slightly Useful" | ZeroHedge
- Morning Moves | iBankCoin.com
- 10 Things I Learned While Interviewing Tony Robbins About His New Book “Money” | Altucher Confidential
- STTG Market Recap November 20, 2014 | FundMyMutualFund
- The Astonishing Rise of Central Bank Fear | ZeroHedge
The most relevant financial news and articles from the Internets
- OBAMA: 'I Forgot My Blackberry' | Business Insider
- Old Navy Says It's Controversial Plus-Size Pricing Won't Change | Business Insider
- 22 Gifts That The Modern Gentleman Actually Wants This Year | Business Insider
- The ‘Freemium’ Model Is Brilliant, But It’s Ruining My Life | Business Insider
- Here's Why Formula One Superstar Lewis Hamilton Could... | Business Insider
- Teens Are Tweeting Unappealing Photos Of Their School Lunches With The Hashtag #... | Business Insider
- The New Head Of Cadillac Says It Isn't An... | Business Insider