Best Electric Utility Companies To Watch In Right Now

Best Electric Utility Companies To Watch In Right Now: Suntech Power Holdings Co. LTD.(STP)

Suntech Power Holdings Co., Ltd., a solar energy company, engages in the design, development, manufacture, and marketing of photovoltaic (PV) products. The company also provides engineering, procurement, and construction services to building solar power systems for certain related party and third party customers. Its products include monocrystalline and multicrystalline silicon PV cells; PV modules; and building-integrated photovoltaics products. In addition, the company provides PV system integration services, including designing, installing, and testing PV systems used in lighting for outdoor urban public facilities, as well as in farms, villages, and commercial buildings; and project development services. Its products are used to provide electric power for residential, commercial, industrial, and public utility applications. The company sells its products through value-added resellers, such as distributors and system integrators; and to end users, such as project develo pers primarily in Germany, Italy, Spain, France, Benelux, Greece, the United States, Canada, China, the Middle East, Australia, and Japan. Suntech Power Holdings Co., Ltd. is headquartered in Wuxi, the People?s Republic of China.

Advisors' Opinion:

• [By Paul Ausick]

  Stocks on the Move: BlackBerry Ltd. (NASDAQ: BBRY) is down 16.4% at $6.50 after announcing that no buyout bid will be forthcoming. Penn National Gaming Inc. (NASDAQ: PENN) is down 76.7% at $13.75 after spinning-off its real-estate holdings into a REIT. Suntech Power Holdings Co. Ltd. (NYSE: STP) is up 15.5% at $1.53 following the acquisition of its major operations in Wuxi.

• [By Michael Lewis]

  Formerly the biggest maker of solar panels in the world, with more than 10,000 employees, China-based Suntech Power Hold! ings (NYSE: STP  ) has witnessed a long fall from grace. The nail in the coffin came in March, when the company failed to pay a $513 million debt obligation. Shortly following its default, the company sailed into Chinese bankruptcy protection. Fast-forward to this week and the company is trading more than 30% higher on a largely speculative rumor that Warren Buffett is looking to buy it.

• [By Travis Hoium]

  Is Suntech still alive?
  Rumors swirled this week that Suntech Power (NYSE: STP  ) would be acquired by Warren Buffett's subsidiary MidAmerican Energy. Suntech has defaulted on U.S. loans, and its Chinese operations are in insolvency, so it's unknown exactly what Buffett would be buying. Then there's the fact that Suntech doesn't meet any of Buffett's normal investing rules, so there are few industry observers who think an acquisition would go through.

source from Top Stocks For 2015:http://www.topstocksblog.com/best-electric-utility-companies-to-watch-in-right-now.html