GT Solar (SOLR) shares are trading at $12.36. GT Solar is a leading maker of manufacturing equipment used in the solar industry. The 50 day moving average is about $11.03 and the 200 day moving average is $9.67. Earnings estimates for SOLR are expected to be $1.18 for 2011 and $1.41 for 2012.
Why GT Solar could be an attractive target: SOLR might be an interesting target for a major company to buy. Some believe that perhaps Applied Materials (AMAT) or MEMC (WFR), could be a potential suitor. Some believe that SOLR will buy other companies and grow through acquisitions.
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