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Solar Up Thanks to Eye Popping Gains; Renewable Electricity Too

Posted on May 12, 2008

Author: Mark HenwoodBroad market indices (Emerging Markets, EAFA,S&P 500) all fell this week. Camino s PurePlay indices were mixed,commodities (DJP) rose strongly. The PurePlay Solarindex, comprised of 34 companies, reversed last week's 2.0% loss with a0.9% gain. The index members were mixed with 13 stocks increasing and21 stocks declining. In contrast to last week, two stocks, Energy Conversion Devices (ENER) and Canadian Solar (CSIQ), increased by over 20%. Energy Conversion Devices eye popping45.2% gain for the week was largely responsible for lifting the index.The company stock ...

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