Hey guys just a quick question regarding a certain solar co. Who are FSLR's direct competitors? What companies are most closely related to FSLR in terms of stock movement? I looking for the most highly correlated stocks to FSLR for some research I'm putting together. Thanks, I look forward to your responses... Happy Easter
http://bigcharts.marketwatch.com/in...d_period=3mo&bcind_symb_change=FSLR+&x=27&y=9 look under the chart, click on Show All Stocks In This Industry
Most correlated for the past year. JASO JA SOLAR HOLDINGS 65.96 % ESLR EVERGREEN SOLAR I 59.36 % CY CYPRESS SEMICONDU 56.17 % STP SUNTECH POWER HLD 55.91 % PBR PETROLEO BRASILEI 55.82 % SPWR SUNPOWER CORPORAT 55.21 % TSL TRINA SOLAR LTD A 53.16 % LAQ LATIN AMER EQUITY 52.76 % ROK ROCKWELL AUTOMAT 52.13 % As you can see, they aren't that correlated. Past 3 months: JASO JA SOLAR HOLDINGS 73.79 % CSIQ CANADIAN SOLAR IN 70.84 % SPWR SUNPOWER CORPORAT 68.76 % STP SUNTECH POWER HLD 66.9 % EMR EMERSON ELEC CO 66.66 % BGC GEN CABLE CP 65.78 % 9.40 LAQ LATIN AMER EQUITY 65.43 % ATI ALLEGHENY TECH NE 65.24 % AA ALCOA INC 64.64 % AGU AGRIUM INC. 64.46 % ESLR EVERGREEN SOLAR I 64.32 % CY CYPRESS SEMICONDU 64.11 % PDE PRIDE INTL INC 63.64 % RIG TRANSOCEAN INC 63.54 %