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First Solar Earnings Should Impress Investors

By Market News Video Staff, Thursday, February 24, 3:41 PM ET
Play Video: The Importance of ETFs


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Polypore International (NYSE: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 (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



ETF CHANNEL LAUNCHES THE "ETF CHANNEL FLEXIBLE GROWTH INVESTMENT PORTFOLIO"

The ETF Channel Flexible Growth Investment Portfolio is designed to seek growth for investors — anywhere and everywhere. The key to the program is our portfolio strategy allows us complete flexibility in terms of asset allocation as there are no predetermined guidelines as to the level of stocks, bonds, cash, regions, countries, sectors, commodities, or even asset classes in the portfolio! In short, this is a completely flexible portfolio designed to follow the performance trail wherever it leads us.


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This Article's Word Cloud:   AMEX   Clean   Definition   ETFs   Earnings   Energy   FSLR   First   Holding   Investment   NYSE   Other   PANL   Polypore   Portfolio   Share   What   Yingli   about   after   allows   asset   classes   complete   completely   countries   designed   during   earnings   flexibility   follow   fourth   fund   growth   have   holdings   majority   manufacturer   manufacturers   performance   portfolio   quarter   shares   short   solar   surpassed   that   this   visit   which
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