Energy Q&A Part IV: Investing In Energy Stocks And More…
June 22, 2008 at 09:30 AM EDT
Q: “Please comment on Suntech Power Holdings. Comparing STP with KHD Humboldt Wedag, which is the better investment at this time?” Suntech Power Holdings (STP: NYSE) has taken us on a wild ride since we added it in January 2007. Its stock price more than doubled toward the end of 2007. Then the stock dropped steeply with the market meltdown in early 2008. The stock is up about 15% overall in the past 16 months or so. Long term, I think that Suntech is a good investment with great potential. The world is building out its solar infrastructures, especially in Asia,…