{"id":54620,"date":"2014-07-22T06:04:50","date_gmt":"2014-07-22T10:04:50","guid":{"rendered":"http:\/\/countingpips.com\/?p=54620"},"modified":"2014-07-22T06:54:57","modified_gmt":"2014-07-22T10:54:57","slug":"new-spinoff-warrants-your-immediate-attention","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2014\/07\/new-spinoff-warrants-your-immediate-attention\/","title":{"rendered":"New Spinoff Warrants Your Immediate Attention"},"content":{"rendered":"
July 22, 2014<\/div>
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By WallStreetDaily.com<\/span><\/a> \"Solar<\/p>\n

While what\u2019s presently happening inside the solar power industry isn\u2019t particularly unusual, it is<\/em> highly profitable.<\/p>\n

Back in 2006, solar cell manufacturers enjoyed an aggressive rally in prices. They were the darlings of Wall Street, remember?<\/p>\n

First Solar<\/strong> (FSLR<\/a>) alone rocketed 1,157% higher.<\/p>\n

The rally, however, was based solely on potential \u2013 and it ultimately collapsed under the weight of unfulfilled expectations and hideous earnings reports.<\/p>\n

By the spring of 2008, the industry was left for dead.<\/p>

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Well, second-chance fortunes aren\u2019t uncommon, and now the sector is rallying again. Only this time, the momentum is being driven by real demand \u2013 as manufacturing costs of solar panels have dropped 60% to 70% in recent years.<\/p>\n

The cost to install solar modules is plummeting, too.<\/p>\n

How cheap has solar power become? (Brace yourself.)<\/p>\n

Solar is starting to outbid traditional fossil fuels in utility deals!<\/p>\n

Such a reality is pushing demand for a certain material \u2013 one critical to the industry \u2013 to its outer limits.<\/p>\n

Spot prices for solar modules around the world hit $0.63 per watt in the second quarter, marking an all-time low.<\/p>\n

And now, all of the sudden, since the economics of solar make sense, the United States is on pace to install 6.6 gigawatts of solar panels this year, a 39% jump from 2013.<\/p>\n

This bull isn\u2019t exclusively American, either, as lower costs are wreaking havoc with energy markets around the globe.<\/p>\n

In fact, the price of solar is now even with the price of conventional electricity in Italy and Germany.<\/p>\n

Not to be outdone, China is about to break ground on a massive 1,000-megawatt solar plant \u201csuper complex\u201d in the middle of the desert.<\/p>\n

As you\u2019d expect, demand for polysilicon has gone vertical. (Polysilicon is critical to the manufacture of solar cells.)<\/p>\n

Analysts project polysilicon demand to rise 25%, to 282,000 metric tons this year.<\/p>\n

It\u2019s all music to the ears of SunEdison<\/b> (SUNE<\/a>), a major player and manufacturer of silicon wafers to the semiconductor industry for use in solar panels.<\/p>\n

A holder of over 700 patents, the company touts one of the market\u2019s hottest stocks. Shares have pushed from $1.82 to nearly $25 in just two years.<\/p>\n

Now, I could give you 25 reasons why SunEdison shares will push above $30 by Halloween. But I\u2019m not going to do that.<\/p>\n

Why? Because something even better is cooking. That is, a spinoff of SunEdison.<\/p>\n

Inside of the first year, spinoffs outperform their parent companies in every conceivable timeframe\u2026 one week, one month, six months, etc.<\/p>\n

With that in mind, shares of the SunEdison spinoff, TerraForm Power<\/b> (TERP<\/a>), began trading on Friday.<\/p>\n

TerraForm is the realization of SunEdison\u2019s ambition to bundle its existing solar power plants into a single subsidiary.<\/p>\n

The deal is \u201cmultiple times oversubscribed\u201d and \u201cin great shape,\u201d IPO Boutique said in a note before shares hit the market.<\/p>\n

Shares priced at $25 and began trading on Friday at around $33, where they still reside. As a spinoff of a parent stock that\u2019s already soaring, TerraForm demands immediate investment consideration.<\/p>\n

Onward and Upward,<\/p>\n

Robert Williams<\/p>\n

Founder, Wall Street Daily<\/i><\/p>\n

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The post New Spinoff Warrants Your Immediate Attention<\/a> appeared first on Wall Street Daily<\/a><\/p>\n

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Article By WallStreetDaily.com<\/span><\/a><\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

By WallStreetDaily.com While what\u2019s presently happening inside the solar power industry isn\u2019t particularly unusual, it is highly profitable. Back in 2006, solar cell manufacturers enjoyed an aggressive rally in prices. They were the darlings of Wall Street, remember? First Solar (FSLR) alone rocketed 1,157% higher. The rally, however, was based solely on potential \u2013 and […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-54620","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/54620","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=54620"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/54620\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=54620"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=54620"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=54620"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}