June 24 -
Renewable Energy Stocks Sector Close-Up Includes XsunX
Raised Targets, Japan Reinstating Solar Subsidies and Technical Trading Incite Run
www.RenewableEnergyStocks.com, a leading investor news and research portal for the renewable energy sector within Investorideas.com, presents a sector close-up on solar stocks with commentary from solar expert J. Peter Lynch, Adam Krop, Vice President-Equity Research at Ardour Capital Investments and Robert Wilder, Manager of the WilderHill Clean Energy Index.
Among the stocks featured is XsunX Inc. (OTCBB: XSNX), a thin-film photovoltaic (TFPV) company, focused on developing thin film photovoltaic (TFPV) amorphous silicon solar cell manufacturing processes to produce TFPV solar modules.
Renewable Energy Stocks solar expert, J. Peter Lynch, commented, "Solar stocks are beginning to come back from their recent correction. About half of the stocks I follow have broken above their 50-day moving averages. If the tax credits get extended the whole sector will run up, but it will require a close eye and the ability to exit quickly if the extension fails."