Solar Isn't Dead: Power-One Crushes It
Power-One (NAS: PWER) , a holding of Jim's Messed-Up Expectations portfolio, had a very strong second quarter, beating estimates for both revenue and earnings. Not only that, but it also guided for Q3 revenue ahead of where analysts had pegged. IMS says demand is growing worldwide despite the slowing economies and reductions in tariffs. Watch the following video to see why Jim thinks it's time to add more shares as solar continues to become a larger slice of the world's energy pie.
Profiting from our increasingly global economy can be as easy as investing in your own backyard. Our free report "3 American Companies Set to Dominate the World" shows you how. Click here to get your free copy before it's gone.
The article Solar Isn't Dead: Power-One Crushes It originally appeared on Fool.com.Jim Mueller and The Motley Fool own shares of Power-One. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.