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First Solar Earnings Should Impress Investors

By Market News Video Staff, Thursday, February 24, 3:41 PM ET
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Polypore International (PPO) was one of the biggest gainers on the NYSE on Thursday after it reported fourth quarter earnings that beat analysts’ estimates by 27%. Volume on the battery component manufacturer was more than two times its 65-day average of 546,809, as shares of Polypore rose over 17% to a new 52-week high of $58.70 during the trading session.

The Powershares WilderHill Clean Energy Portfolio (AMEX:PBW) advanced 0.88% to $10.70 following Polypore’s performance. Other top holdings of the fund include Universal Display Corp (NASDAQ:PANL) and Yingli Green Energy (NYSE:YGE), which gained 4.29% and 3.02%, respectively.

Not to go unnoticed is that First Solar Inc (FLSR), which makes up about 3% of the fund’s holdings, is set to report earnings after the bell. Given that the majority of solar manufacturers have far surpassed expectations during this earnings season, shares of the world’s leading manufacturer of solar panels traded higher by 1.23% to $165.03.

For a complete list of holdings, visit the PBW Holdings page on ETFChannel.com

ETFs Holding FSLR

ETFs Holding PANL

ETFs Holding YGE

ETFs Holding PPO



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