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
- Putin To Western Elites: Play-Time Is Over | ZeroHedge
- How Long Can The Shale Revolution Last? | ZeroHedge
- Small Caps Surge Green Year-To-Date; VIX Decoupling | ZeroHedge
- Late Night Strategy for Thursday | iBankCoin.com
- A Massive FX Quake Hits Japan: This Is What It Looked Like | ZeroHedge
- Martin Armstrong: "At What Point Does Revolution Take Place?" | ZeroHedge
- Don't Show The "Deflation Isn't Going To Happen" ECB Germany's Declining October Prices | ZeroHedge
The most relevant financial news and articles from the Internets
- OBAMA: Here's When Republicans Will Stop Calling It 'Obamacare' | Business Insider
- Virginia Town is Best Place in the U.S. to Raise Kids | BusinessWeek
- EU, Ukraine must agree gas debt deal for talks to... | Business Insider
- Burkina President Compaore says not resigning, open to... | Business Insider
- Here's How To Get A Job At The CIA | Business Insider
- Tour The Cemetery Where New York's History Is Buried | Business Insider
- Why 2014 Is The Best Year Ever To Be A Teenage Girl | Business Insider