JinkoSolar has been showing up repeatedly in my scans. JKS had a nice 300% run followed by a strong sell-off, then a 30% run and has recently consolidated with some recovery. Because of the volatility and not being at a particularly strong buy point, I wouldn't recommend it for a buy and hold position now. But the fundamentals are compelling.
Earnings-wise, JKS has gone from declining losses last year to increasing profitability this year: $0.16, .13, .36, .45 with estimates of $1.62 and 1.25 (both > 850% YoY) $/share for the next two quarters, dropping its P/E from 26.2 to 7.8. That's triple digit YoY earnings growth for six quarters. Estimates have been revised upward and analyst opinions are favorable.
There's triple-digit YoY quarterly sales growth too for the last three quarters, and estimated for the next two (152% two quarters out).
I'm going to start a position here and probably buy more either on dips or strength.
Stanley Black & Decker is also sporting triple digit sales growth (around +150%) for the last three quarters. SWK is resuming profitability and will shed some losses that will drop its P/E from 106 to 18.9.
SWK is at the top of its chart now, so I wouldn't buy here but it's got a spot in my watch list.
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