Suntech Power Holdings Co., Ltd. (STP) is a leading solar energy company in the world as measured by both production output and capacity of solar cells and modules and one of the top-ranked companies in the building-integrated photovoltaic (BIPV)
The stock is trading at a discount because some how the American investors are obsessed with oil. However, the future of the oil is limited. For most commodities, when the supply drops, the price raise. It is true too for oil in a short term. For long term, one must look at the entire energy spectrum. Oil is mostly used as energy. The other energy resources exist thus the oil will actually become less valuable when it gets scares.
The FatCat has recommended a solar energy company in the US whose market is mostly in Europe. Suntech Power Holdings Co., Ltd. (STP) is Asia oriented. Its production and market is mostly in Japan and China.
Bottom line: FatCat adds Suntech Power Holdings Co., Ltd. (STP) to her portfolio.
