Yingli Green Energy Shares Popped: What You Need to Know

Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.

What: Shares of Yingli Green Energy (NYS: YGE) surged more than 12% after three analysts upgraded their ratings on the stock, Barron's reports.

So what: Piper Jaffray upgraded Yingli to "overweight" while Avian Securities bumped the stock from "negative" to "positive." Still skeptical, HSBC would only upgrade Yingli from "underweight" to "neutral." Impressive Q2 results apparently weren't impressive enough for analysts there.

Now what: Common investors nevertheless piled into the stock, unsurprising when Chinese peers JA Solar (NAS: JASO) and LDK Solar (NYS: LDK) reported underwhelming Q2 results and disappointing guidance. Yingli also trades for less than half the long-term earnings growth rate analysts expect. Most signs point to a bargain -- even with today's rally. Do you agree? Would you buy at these levels? Weigh in using the comments box below.

Interested in more info on Yingli Green Energy?Add it to your watchlist.

At the time this article was published Fool contributorTim Beyersis a member of theMotley Fool Rule Breakersstock-picking team. He didn't own shares in any of the companies mentioned in this article at the time of publication. Check out Tim'sportfolio holdingsandFoolish writings, or connect with him onGoogle+or Twitter, where he goes by@milehighfool. You can also get his insightsdelivered directly to your RSS reader.Try any of our Foolish newsletter servicesfree for 30 days. We Fools may not all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.

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