Bear of the Day: JinkoSolar (JKS)
From Nasdaq: 2025-05-02 04:00:00
JinkoSolar (JKS) is a Chinese manufacturer of solar PV products with a focus on sustainability. However, the ongoing trade war between the US and China has created uncertainty in the industry. President Trump alleges that China is dumping cheap products, leading to high solar tariffs. JKS earnings are expected to plummet this year, and the stock price has declined significantly.
Overall, JinkoSolar faces bearish headwinds due to trade tensions, with analysts predicting a significant drop in EPS. The company’s stock performance has been weak, lagging behind the S&P 500 Index. Despite challenges, JKS remains a key player in the solar industry with a global presence in residential, commercial, and utility projects.
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