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ENER A BUY AT THIS LEVEL!!!!!!!!!!!!!!!!!!!!
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[QUOTE]Originally posted by a surfer: [QB] sort of a mixed up statement. AP Ahead of the Bell: BofA Starts Solar Tuesday March 27, 7:13 am ET Banc of America Securities Starts Coverage of Solar Sector With 2 "Buy"-Rated Companies NEW YORK (AP) -- Banc of America Securities began coverage of the solar cell sector, saying that a mix of government incentives, declining production costs and rising oil prices bode for "substantial growth" in the industry. ADVERTISEMENT However, analyst Eric K. Brown cautioned late Monday that investors should be selective about the solar stocks they choose, given the increased ease of entry into the industry which could mean tougher competition ahead. The emergence of solar cell production in China, increased supply of polysilicon -- the material used to make photovoltaic cells -- and new technologies could attract new players to the market, Brown wrote in a note to clients. More solar cell supply could undermine prices, too, and hurt margins. The analyst rated Sunpower Corp. a "Buy," calling the company his top pick in the solar PV group. First Solar Inc. also garnered a "Buy" rating. Brown started China's Suntech Power Holdings Co. and Energy Conversion Devices Inc. at "Neutral," but rated Evergreen Solar Inc. at "Sell" with an $8 price target, citing the company's lack of visibility on growth as a competitive disadvantage. [/QB][/QUOTE]
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