10 Minute Investing Canada
10 Minute Investing Canada
10 Minute Investing Canada
014 - Solar Power Sector - Solar Alliance vs Canadian Solar
17 minutes Posted Feb 21, 2021 at 12:01 am.
price to revenue. It has established earnings and could look to profit from the recent administration change south of our border. I also like that management is consistently conservative with their guidance on earnings and revenue. They are not out here trying to pump the stock price with false promises. 
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Comparing two solar power companies. One big and one little.
Solar Alliance is a penny stock that trades on the Canadian venture exchange, and has operations in USA. It has had a rapid price appreciation as of late, up 2300%
I have my concerns with Solar Alliance as it has declining revenues, trades at 125x current revenues and has shown no material changes to justify the crazy recent price appreciation. I'm fairly new to the sector admittedly, but I don't see a real raw to this company.
Canadian Solar, while a Canadian company, trades on the NASDAQ in USD. I like this option much better as it trades at a reasonable 15 P/E, and
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