JA Solar Holdings Co., Ltd. ( JASO ) was a big mover last session, as the company saw its shares rise more than 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $8.49 to $9.60 over the past one-month time frame.
None of the estimates for this solar industry stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
JA Solar Holdings carries a Zacks Rank #3 (Hold), while its Earnings ESP
However, some better-ranked stocks in the same industry include ReneSola Ltd. ( SOL
), Canadian Solar Inc. ( CSIQ
) and Enphase Energy, Inc. ( ENPH
). While ReneSola sports a Zacks Rank #1 (Strong Buy), Canadian Solar and Enphase Energy carry a Zacks Rank #2 (Buy).
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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free reportJA SOLAR HOLDGS (JASO): Free Stock Analysis ReportRENESOLA LT-ADR (SOL): Free Stock Analysis ReportENPHASE ENERGY (ENPH): Free Stock Analysis ReportCANADIAN SOLAR (CSIQ): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research