AndhraNews.net
Home » Business News » 2011 » June » June 9, 2011

Looking for Recovery in Advancing Technology -- Equity Research on American Superconductor Corporation and Satcon Technology Corporation


June 9, 2011 - Hong Kong

Today, www.WorldStreetFundamentals.com released its industry report highlighting American Superconductor Corporation (NASDAQ: AMSC) and Satcon Technology Corporation (NASDAQ: SATC). Full fundamental and technical analysis is available at www.WorldStreetFundamentals.com/Reports.php.

New innovations within the technology sector are fostering the arrival of increased investor attention. Equity indexes within technology industry have increased over 28% in the past year, and analyst expectations looking forward project fundamental growth of 7.5% for 2011. With the global economy in recovery and economic reports showing signs of renewed economic growth, analyst outlook remains positive for the sector through to 2012.

World Street Fundamentals has emphasized American Superconductor Corporation as a power technology company offering a range of technologies and solutions spanning the electric power infrastructure from generation to delivery to end-use. The recent price drop of AMSC, due to an unplanned non-delivery from a major supplier (Sinovel Wind Group), may be appropriate; however, there is one curious circumstance that suggests there may be an opportunity here. AMSC has a strong balance sheet with $500M in equity out of $640M in total assets, and has almost no debt. The entire report on American Superconductor Corporation (NASDAQ: AMSC) is available here: www.WorldStreetFundamentals.com/ViewFullReport.245.php.

World Street has highlighted Satcon Technology Corporation for its focus on clean energy technologies and its provision of utility grade power solutions for the renewable and distributed energy markets. As a leading edge provider of utility-scale power conversion solutions, Satcon announced today that it has achieved the number one position in market share for the North American solar inverter market. The data, published in IMS Research's Q1 2011 PV Inverter Quarterly Market Tracker Report, shows that Satcon shipped the most total megawatts of any inverter manufacturer in the Americas in Q1 2011. The entire report on Satcon Technology Corporation (NASDAQ: SATC) is available here: www.WorldStreetFundamentals.com/ViewFullReport.138.php.

About World Street
World Street Fundamentals is an online portal for professionals, investors and new-comers to the markets to find in depth comprehensive research and research tools to help guide you through the ever changing financial markets. Covering the top performers in the hottest sectors and providing clarity to investors around the world.

Contact:

Adam Redford
Email Contact
www.WorldStreetFundamentals.com

MarketWire

Comment on this story

Share