MEMC Electronic Materials (WFR) – Bull of the Day
Source: http://www.zacks.com/commentary/9373/MEMC+Electronic+Materials+%28WFR%29+-+Bull+of+the+DayPosted on Wednesday, December 3rd, 2008 | In Stocks to Watch
Contributed by: Zacks Market Commentaries (http://www.zacks.com/) -
MEMC Electronic Materials (WFR) – produces the raw material wafers used by semiconductor manufacturers in the production of integrated circuits (ICs).
The decision to supply wafers to the solar industry is paying huge rewards as demand for polysilicon has raced ahead of supply. The Solar business and the 300mm business are both high-margin products. The price of polysilicon has been cut in half over the past quarter, yet the firm can still earn $3.50 per share in 2009.
The stock is significantly undervalued. We are reiterating our Buy rating on the shares of WFR.
“WFR” Free Stock Analysis: Buy? Sell? Hold?
Zacks Investment Research
Last 5 posts by Zacks Market Commentaries
- SunPower to Build Solar Project - Analyst Blog - March 18th, 2010
- Herman Miller Misses Expectations - Analyst Blog - March 18th, 2010
- Boost for Bristol-Myers - Analyst Blog - March 18th, 2010
- 3Com Grabs Multi-Million Dollar Deal - Analyst Blog - March 18th, 2010
- Scripps Networks Expanding - Analyst Blog - March 18th, 2010
 About Zacks Market Commentaries (http://www.zacks.com/)
Zacks Market Commentaries |
No recommendations, either expressed or implied, are being made to buy, sell, hold or short any of the mentioned stocks. No legal, tax or accounting advice is expressed or implied. Always contact your attorney, CPA, or tax advisor before acting on any legal or tax issues. StraightStocks.com is not responsible for the content, products, or services of any of the advertisers on this site. StraightStocks.com receives compensation from advertisers on this blog. Services and products referred to herein are trademarks, registered trademarks, servicemarks, and/or registered servicemarks of their respective trademark or servicemark owners.