Should Trina Solar Be Looking Over Its Shoulders?

Updated
Should Trina Solar Be Looking Over Its Shoulders?

Trina Solar recently posted its first profit in nine quarters but the 700% rally in its shares in just one year is alarming (this was a $2 stock last year). Earnings were fantastic for Trina, but could competition hurt future growth? The company has been helped by a bigger presence in Europe thanks to trade agreements with China and stronger margins from Japan. While many were focused on Trina's earnings, First Solar quietly upped its investment to operate solar power plants in Japan, a move I feel should have Trina looking over its shoulders. Also, First Solar's new relationship with General Electric forged in August can't be overlooked, especially with access to General Electric's sales force as part of deal that could present more synergistic opportunities for both parties than was assumed when the partnership was first announced.

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The article Should Trina Solar Be Looking Over Its Shoulders? originally appeared on Fool.com.

John Licata has no position in any stocks mentioned. You can follow John on Twitter @bluephoenixinc. The Motley Fool owns shares of General Electric Company. Try any of our Foolish newsletter services free for 30 days. We Fools may not 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.

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