The message today is simple: Buy energy (oil and alternative). Sell financials. I watched Cramer pound the table last week for First Solar and I thought the next bubble is really beginning.Suntech Power (NYSE: STP) missed earnings this morning and shares are paying the price. The solar player posted $0.34 EPS, $0.02 worse than the First Call consensus of $0.36 EPS. Its revenues rose 82.5% year over year to $397.5 million, but the consensus estimate there was $419.6 million. To top it off, Suntech issued lower guidance for Q1-2008: it sees revenues of $370 to $380 millio[...]
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[Source: The Money Blogs]
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