Best Solar Stocks To Buy Right Now

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NEW YORK (TheStreet) -- Beware of all the spooky talk on Halloween about bubbles in the market, Jim Cramer said Thursday on "Mad Money."

The bubble talk is everywhere. "You hear it from smart people who've been around for ages," Cramer said. "You hear it from young whippersnapper short-sellers who need the market to come down so they don't look so stupid when they tell their investors how they're doing at the end of the year."

They were at the top of their game today when the market looked really soggy only to work its way back on the strength of some better-than-expected earnings. Although some people are saying the market is too high, that's not the way Cramer thinks. The market is made of a ton of stocks, some of which can be very overvalued and others that may be undervalued at the same time. Some current bubble stocks include Amazon (AMZN), Netflix (NFLX), SolarCity (SCTY) and Tesla (TSLA), Cramer said. Even though Facebook (FB), a holding in Cramer's charitable trust, Action Alerts PLUS, and Starbucks (SBUX) had positive quarterly reports on Wednesday, by Thursday morning there was already talk of it being time to sell. "Bubble-fearing analysts were determined to slam them down," Cramer said. Cramer's advice: Stick with "best of breed" stocks even while taking some of the position off the table. "Let the rest run," he said. Executive Decision: Dinesh Paliwal In his "Executive Decision" segment, Cramer sat down with Dinesh Paliwal, chairman, president and CEO of Harman International (HAR), the provider of premium audio and infotainment systems that has returned 130% return Cramer last spoke with Paliwal in June 2012. The stock rose 12.5% on Thursday. Paliwal boiled the company's success down to four points: innovation, cost control, looking for new trends and working with other great companies. Then, he said, it's all about execution. "Execution has to become your DNA," he said. As a global company, Harman looks for what Paliwal calls "best cost" countries for manufacturing, like India, China and Ukraine. Mexico is an excellent example of a "best cost" country and has the advantage of being close to the U.S.

5 Best High Tech Stocks To Watch Right Now: Canadian Solar Inc.(CSIQ)

Canadian Solar Inc. engages in the design, development, manufacture, and sale of solar power products in Canada and internationally. The company offers solar cell and solar module products that convert sunlight into electricity for various uses. Its products include a range of standard solar modules for use in a range of residential, commercial, and industrial solar power generation systems. The company also designs and produces specialty solar modules and products consisting of customized modules that its customers incorporate into their products, such as solar-powered bus stop lighting; and specialty products, such as portable solar home systems and solar-powered car battery chargers. In addition, it sells solar system kits, a package consisting of solar modules produced by it and third party supplied components, such as inverters, racking system, and other accessories, as well as implements solar power development projects. The company sells its products under the Canad ian Solar brand name. Canadian Solar Inc. offers its standard solar modules through a direct sales force and sales agents primarily to distributors, system integrators, and original equipment manufacturer customers, as well as to solar projects; and specialty solar modules and products to the automotive, telecommunications, and light-emitting diode lighting sectors. The company was founded in 2001 and is based in Kitchener, Canada.

Advisors' Opinion:

• [By Travis Hoium]

  What: Shares of Canadian Solar (NASDAQ: CSIQ  ) jumped 13% today after signing a deal to expand manufacturing.

  So what: The company agreed to partner with Samsung Renewable Energy to build a solar manufacturing facility in London, Ontario. The plant will begin construction in 2013 and will supply modules to plants like Samsung's 100 MW projects in Haldimand County and Kingston and Loyalist Township. �

• [By Jake L'Ecuyer]

  Leading and Lagging Sectors
  In trading on Tuesday, technology shares were relative leaders, up on the day by about 0.12 percent. Leading the sector was strength from Aeroflex Holding (NYSE: ARX) and Canadian Solar (NASDAQ: CSIQ). Cyclical consumer goods & services shares declined around 0.71 percent in Tuesday's trading.

Best Solar Stocks To Buy Right Now: Hanwha SolarOne Co. Ltd.(HSOL)

Hanwha Solarone Co., Ltd., an investment holding company, engages in the manufacture and sale of silicon ingots, silicon wafers, and PV cells and modules. The company also offers mono crystalline and multi crystalline silicon cells; and provides PV module processing services. It sells its products to solar power system integrators and distributors primarily in Germany, Italy, Australia, the United States, the Czech Republic, Spain, and China. The company was formerly known as Solarfun Power Holdings Co., Ltd. and changed its name to Hanwha SolarOne Co., Ltd. in December 2010. Hanwha Solarone Co., Ltd. was founded in 2004 and is based in Qidong, the People?s Republic of China.

Advisors' Opinion:

• [By Travis Hoium]

  News and notes
  Hanwha SolarOne (NASDAQ: HSOL  ) announced another $100 million in financing this week, this time a term loan from the Export-Import Bank of Korea. �

Best Solar Stocks To Buy Right Now: First Solar Inc.(FSLR)

First Solar, Inc. manufactures and sells solar modules using a thin-film semiconductor technology. It also designs, constructs, and sells photovoltaic solar power systems. The company?s solar modules employ a thin layer of semiconductor material to convert sunlight into electricity. Its integrated solar power systems activities include the project development; engineering, procurement, and construction services; operating and maintenance services; and project finance. The company sells solar modules to project developers, system integrators, and operators of renewable energy projects; and solar power systems to investor owned utilities, independent power developers and producers, and commercial and industrial companies, as well as other system owners. It operates in the United States, Germany, France, Canada, and internationally. The company was formerly known as First Solar Holdings, Inc. and changed its name to First Solar, Inc. in 2006. First Solar was founded in 1999 a nd is headquartered in Tempe, Arizona.

Advisors' Opinion:

• [By Bryan Murphy]

  There's no denying that LDK Solar Co., Ltd (NYSE:LDK) has been a notable laggard this year compared to performances from First Solar, Inc. (NASDAQ:FSLR) and Real Goods Solar, Inc. (NASDAQ:RSOL). RSOL is up nearly 180% year-to-date, with a decent chunk of that gain unfurling in just the last couple of months. FSLR is up 25% for the year so far, though that more modest gain would have been much bigger had it not been for February's 24% plunge. Meanwhile, LDK shares are down 22% year-to-date, and have barely even blipped despite the fact that solar energy has become all the rage again in recent months.

• [By Whitney Kisling]

  Gains were led by stocks that had fallen in 2013. First Solar Inc. (FSLR), the Tempe, Arizona-based power technology developer, has jumped 38 percent since sliding 13 percent in the first quarter. Cliffs Natural Resources Inc. (CLF), the Cleveland-based iron-ore mining company, rallied 8.8 percent on April 9, its biggest increase since September. The shares were down 52 percent for 2013 before last week.

• [By Gary Bourgeault]

  American-based companies like SunPower (SPWR) and First Solar (FSLR) shouldn't be affected by the decisions of Europe, unless it's in response to the industry in general looking chaotic and weak from the media reports flowing out of the damage to solar companies in China. That's because thin-film solar panels won't be affected by duties to be imposed in the EU.

Best Solar Stocks To Buy Right Now: LDK Solar Co. Ltd.(LDK)

LDK Solar Co., Ltd., together with its subsidiaries, engages in the design, development, manufacture, and marketing of photovoltaic (PV) products; and development of power plant projects. It offers solar-grade and semiconductor-grade polysilicon; and multicrystalline and monocrystalline solar wafers to the manufacturers of solar cells and solar modules. The company also provides wafer processing services to monocrystalline and multicrystalline solar cell and module manufacturers; and sells silicon materials, such as ingots and polysilicon scraps. In addition, it engages in the production and sale of solar cells and modules to developers, distributors, and system integrators; and design and development of solar power projects in Europe, the United States, and China, as well as provides engineering, procurement, and construction services. LDK Solar Co., Ltd. operates in Europe, the Asia Pacific, and North America. The company was founded in 2005 and is based in Xinyu City, t he People?s Republic of China.

Advisors' Opinion:

• [By Jeremy Bowman]

  What: Shares of Chinese stocks were getting dumped today following the Shanghai Composite's 5.3% plunge last night. Among those feeling the pain were YY (NASDAQ: YY  ) , Dangdang (NYSE: DANG  ) , Trina Solar (NYSE: TSL  ) , Giant Interactive (NYSE: GA  ) , and LDK Solar (NYSE: LDK  ) , all of which were down by 10% or more at one point today.

• [By Travis Hoium]

  Solar tariffs in Europe started at a low 11% rate last week, but if a deal between Europe, China, and even the U.S. isn't reached by Aug. 6 then they could go up to as much as 68%. This is clearly a negative development for Chinese manufacturers like Yingli Green Energy (NYSE: YGE  ) , LDK Solar (NYSE: LDK  ) , and Trina Solar (NYSE: TSL  ) , but it's not necessarily good for U.S. companies either. First Solar (NASDAQ: FSLR  ) has little presence in Europe right now and SunPower (NASDAQ: SPWR  ) won't see much benefit from tariffs either. In the end, tariffs are bad for nearly everyone, a sentiment Travis Hoium covers in the video below.�

• [By Travis Hoium]

  LDK Solar (NYSE: LDK  ) is on the brink of failure after another terrible performance in the first quarter. The company is paying more than half of its revenue in interest payments and is begging creditors to refinance debt so that it can stay alive. For equity investors there is little upside given the company's high debt load and massive losses. Fool.com contributor Travis Hoium weighs in on LDK's situation.

Best Solar Stocks To Buy Right Now: Renesola Ltd.(SOL)

ReneSola Ltd, together with its subsidiaries, engages in the manufacture and sale of solar wafers and solar power products. It offers virgin polysilicons, monocrystalline and multicrystalline solar wafers, and photovoltaic cells and modules. The company also provides cell and module processing services. Its products are used in a range of residential, commercial, industrial, and other solar power generation systems. The company sells its solar wafers primarily to solar cell and module manufacturers. It principally operates in Mainland China, Singapore, Taiwan, Hong Kong, Korea, India, Australia, Germany, Italy, Spain, Belgium, France, the Czech Republic, and the United States. The company was founded in 2003 and is based in Jiashan, the People?s Republic of China.

Advisors' Opinion:

• [By Gary Bourgeault]

  Other companies of note that will be hurt will be LDK Solar (LDK), Suntech Power (STP), JA Solar Holdings Co., Ltd. (JASO) and Renesola (SOL) among others. Some these are already hanging on by a thread because of taking on too much debt and defaulting on bonds.

Best Solar Stocks To Buy Right Now: Peabody Energy Corporation(BTU)

Peabody Energy Corporation engages in the mining of coal. It mines, prepares, and sells thermal coal to electric utilities and metallurgical coal to industrial customers. The company owns interests in 30 coal mining operations located in the United States and Australia, as well as owns joint venture interest in a Venezuela mine. It is also involved in marketing, brokering, and trading coal. In addition, the company develops a mine-mouth coal-fueled generating plant; and Btu Conversion projects that are designed to convert coal to natural gas or transportation fuels; and clean coal technologies. As of December 31, 2011, it had 9 billion tons of proven and probable coal reserves. The company was founded in 1883 and is headquartered in St. Louis, Missouri.

Advisors' Opinion:

• [By Matt Thalman]

  Outside the Dow, we once again saw some big moves lower from the coal stocks. Shares of Peabody Energy (NYSE: BTU  ) fell another 3.26%, while Consol Energy (NYSE: CNX  ) slid another 2.97%. Both companies are big players in mining coal and with the slowing Chinese economy, which is a huge customer for the industry and Obama's recent comments on climate control, the stocks have been bounded. While many experts had been expecting the president to make a stand against coal-fired power plants, a speech he gave on Tuesday was the first time we heard a plan to slow the carbon output caused by burning coal in electric power plants. Obama is aiming to put further restrictions on coal-fired power plants by forcing them to reduce their carbon emissions, a move that most would argue will cost more than it is worth and essentially force utility companies to shut down the plant or convert it to operate on another form of fuel. If his plan goes into effect, the move will surely hurt the coal industry as demand for the resource will take a nosedive.�

• [By Jonathan Yates]

  Investors have certainly been "fearful" of the coal sector. The exchange traded fund for coal, Market Vectors Coal (NYSE: KOL), is off nearly 20 percent for the year. Stocks such as Arch Coal (NYSE: ACI) and Alpha Natural Resources (NYSE: ANR) are also down sharply for 2013. But Peabody Energy (NYSE: BTU) just surprised Wall Street in beating forecasts for the most recent quarter: as a result, its share price is up more than 7 percent for the week.

• [By Rich Duprey]

  Peabody Energy� (NYSE: BTU  ) realizes 25% of its revenues from Asia (up from 18% the year before) while earlier this year�Consol Energy completed the largest shipment ever of metallurgical coal to China.

• [By Jon C. Ogg]

  Peabody Energy Corp. (NYSE: BTU) jumped more than 9% initially after the news of its earnings. This stock is up 4% at $20.85 in late-Monday trading. This would be the first time that Peabody would be staying over $20 as a stock since May. Drivers have been stronger demand in Europe and China and with lower production costs. These trends may vary widely from producer to producer, and we would be very leery of trusting that universally.