Solar Stocks Have Price Momentum, But Lag On EPS

By | January 17, 2014

Scalper1 News

Solar stocks comprised the No. 1 industry group six weeks ago, three weeks ago and in Friday’s IBD. What’s happening in this space? One thing that isn’t happening is great earnings growth. Not one stock in the 20-stock group has an EPS Rating of 80 or better. A rating of 80 or higher puts a stock in the top quintile of earnings growth. Industry group rankings are based on six-month price action, and in that respect, solar rules. Traditionally, Scalper1 News

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