Tag Archives: nyld

Oil ‘Contagion’ Tars Solar Stocks; Sell-Off Overdone?

Solar power stocks have been unfairly punished by plummeting oil prices, say Morgan Stanley and Deutsche Bank analysts. Stephen Byrd, a Morgan Stanley analyst, has buy recommendations on SunEdison (SUNE), NRG Yield (NYLD) and Abengoa Yield (ABY). Vishal Shah, an analyst at Deutsche Bank, remains a buyer of SunEdison, Trina Solar (TSL), SolarCity (SCTY) and SunPower (SPWR). IBD’s Energy-solar group is ranked No. 189 out of 197 industry sectors. The

IPO Calendar: 11 IPOs This Week Include 6 Biotechs

Eleven companies plan to make their IPO debuts this week, following the traditionally slow first two weeks of July. The largest initial public offering planned is TerraForm Power (TERP), an owner and operator of solar energy power plants. It’s a SunEdison (SUNE) spinoff. TERP is slated to begin trading Friday. TerraForm Power plans to raise $401 million by offering 20.1 million shares at 19 to 21. Its peers include NRG Yield (NYLD), which is up

IPO Stock Watch: TerraForm Power Adds To IPO Pipeline

The list of companies planning to launch an IPO next week grew to eight with the addition of TerraForm Power (TERP), an owner and operator of solar energy power plants. TerraForm Power, a SunEdison (SUNE) spinoff, plans to raise $401 million with its initial public offering by selling 20.1 million shares at 19 to 21 each. Close peers in the group include NRG Yield (NYLD), which is up 131% since its IPO on July 17, 2013. Another peer is Abengoa