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SATC Satcon Technology Corp. (MM)

0.4275
0.00 (0.00%)
Pre Market
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Satcon Technology Corp. (MM) NASDAQ:SATC NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.4275 0 01:00:00

American Superconductor and Satcon Technology Brace for Asian Economic Slowdown

26/10/2011 1:16pm

Marketwired


Satcon Technology Corp. (MM) (NASDAQ:SATC)
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Alternative energy stocks have been volatile in recent months as concerns of slowing North American and European economies has led to increased subsidy worries. In addition, the economy in China -- once viewed as a renewable energy hotbed -- has begun to cool off. The Bedford Report examines the outlook for companies in the Alternative Energy Sector and provides research reports on American Superconductor Corporation (NASDAQ: AMSC) and Satcon Technology Corporation (NASDAQ: SATC). Access to the full company reports can be found at:

www.bedfordreport.com/AMSC www.bedfordreport.com/SATC

Despite being one of the world's most prominent polluters, China's investments into clean technology far surpass the United States -- due in part to China's $11.5 billion in asset-financing for clean technology in the second quarter of this year. However, China's third-quarter gross domestic product was up 9.1% from a year earlier, slowing from 9.5% growth in the second quarter and 9.7% growth in the first, China's National Bureau of Statistics said last week. Growth fell short of the median 9.2% forecast of 14 economists surveyed by Dow Jones Newswires.

The Bedford Report releases stock research on the Alternative Energy Sector so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.bedfordreport.com and get exclusive access to our numerous analyst reports and industry newsletters.

Alternative energy stocks are considered exceptionally vulnerable during economic downturns as these companies are dependent on subsidy programs. In addition, with global economic concerns at a high, climate change worries have been pushed to the backburner.

Analysts have not lost all confidence in the renewable energy sector. Analysts at S&P go on to note that crisis at Japan's Fukushima nuclear plant created "tremendous potential" in the land of the rising sun.

The Bedford Report provides Market Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. The Bedford Report has not been compensated by any of the above mentioned publicly traded companies. The Bedford Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at http://www.bedfordreport.com/disclaimer

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1 Year Satcon Technology Corp. (MM) Chart

1 Year Satcon Technology Corp. (MM) Chart

1 Month Satcon Technology Corp. (MM) Chart

1 Month Satcon Technology Corp. (MM) Chart