JKS: Potential catch-up in Solar and a play on China
Recently China's been catching a bid and Solar's been one of the leading industries in the market.
One thing I don't like is JKS has been one of the weakest players in solar. I always want to be focused on the strongest name in any sector. In the medium to long term that trend is likely to stay in place.
But short term we might see some catch up in JKS vs other solar names. I also like the recent bid in China names which might help boost this thesis.
Some comparison against ENPH and FSLR:
JKS vs ENPH
JKS vs FSLR
As long as price can get and stay above 64.70 on a weekly closing basis, I'd want to be long JKS. If long ENPH or FSLR, I wouldn't replace those, but would view this position as an added layer of solar upside + China exposure.
One thing I don't like is JKS has been one of the weakest players in solar. I always want to be focused on the strongest name in any sector. In the medium to long term that trend is likely to stay in place.
But short term we might see some catch up in JKS vs other solar names. I also like the recent bid in China names which might help boost this thesis.
Some comparison against ENPH and FSLR:
JKS vs ENPH
JKS vs FSLR
As long as price can get and stay above 64.70 on a weekly closing basis, I'd want to be long JKS. If long ENPH or FSLR, I wouldn't replace those, but would view this position as an added layer of solar upside + China exposure.
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