LDK, at 39.37, is a screaming buy after last earnings release. Will hit $50 bucks very shortly from here, and between now and 9 months from now should be sitting between $60 and $100.
Reported earnings yesterday for 2nd quarter that absolutely destroyed analyst projections, tripling over previous years quarter 2. More importantly, company guided much, much higher for next quarter and for the full year.
For more detail, LDK came in at 1.29 a share earnings. That computes to 5.16 in EPS for 4 quarters (year). At a conservative PE of 20, that computes to $103 a share. LDK is growing at a faster pace that definately demands a multiple above and beyond 20, but i am using a conservative estimate.
This one is gold folks!