Q: Hi gang ,
Looking into buying TAN . It’s 52 weeks low. Any reason? Would you buy at this price? Any thoughts ?
Thanks. Alnoor
Looking into buying TAN . It’s 52 weeks low. Any reason? Would you buy at this price? Any thoughts ?
Thanks. Alnoor
5i Research Answer:
The sector has been weak with weak results from companies such as CSIQ and ENPH. There is also investor concern over how the sector might do in a Trump election victory. Its three year return is now -24.98% so it is hard to give it a strong endorsement under these conditions.