Top Solar Stocks To Invest In 2014

First Solar (NASDAQ: FSLR  ) didn't knock anyone's socks off with first-quarter earnings and today investors are punishing the stock. Revenue of $755.2 million was ahead of the $725 million estimate from Wall Street but $0.69 per share in earnings was below the $0.75 estimate and investors sold in bulk this morning.

To be fair, First Solar did reiterate 2013 guidance it gave in April�so the thesis hasn't changed overnight. At the time, it didn't give quarterly guidance so analysts just got the timing of earnings wrong. I don't think the miss is worth the 10% drop we're seeing in the stock today, but I also thought the euphoria after guidance in April was overdone as well.

A look into the numbers
There are three things I want to highlight from last night's earnings report. First, backlog dropped another 100 MW during the quarter from 2.6 GW to 2.5 GW. Since First Solar is a systems driven business this is key and doesn't give investors confidence in future earnings. Management did say it has another 5.5 GW of projects in development but they're not booked and backlog is shrinking every quarter, not a good sign for a company that counts on systems.

Top Solar Stocks To Invest In 2014: Mencast Holdings Ltd. (5NF.SI)

Mencast Holdings Ltd, an investment holding company, engages in the manufacture, supply, refurbishment, and reconditioning of sterngear equipment. The company's product portfolio comprises propellers, propeller shafts, stern rollers, rudders and rudder stocks, kort nozzles, and marine bearings and bronze sleeves. It also provides various services that include grinding, pitch checking, polishing, static and dynamic balancing, and final inspection; re-pitching of propellers; blue-fitting of keyless propellers, rudder pintle, and rudder stock; casting of replacement tips for damaged propellers; inspection of propellers and analysis of performance; shaft measurement for concentricity, bending, and re sleeving of tail shafts; welding services comprising dredging bucket repair, rudder stock repair, stainless cladding, and roller sheave; general machining services consisting of turning, milling, boring and shaping; and machining of marine bearings. In addition, Mencast Holdings e ngages in the manufacture of marine parts and equipment; and construction and repair of engines, boilers, and machinery. It offers its products and services to the marine and offshore oil and gas industries in Singapore, Malaysia, Brunei, China, Indonesia, the Philippines, Hong Kong, India, Sri Lanka, Maldives, Australia, Europe, the Middle East, and the United States. The company was founded in 1981 and is based in Singapore.

Top Solar Stocks To Invest In 2014: Yangarra Resources Ltd (YGR.V)

Yangarra Resources Ltd., a junior oil and gas company, engages in the exploration, development, and production of resource properties in Western Canada. It has interests in oil and gas properties located in Central Alberta, Medicine Hat, Jaslan, and Viking areas in Alberta. The company also owns approximately 107,536 gross acres of undeveloped land. Yangarra Resources Ltd. is headquartered in Calgary, Canada.

Top Supermarket Stocks To Watch Right Now: Ameris Bancorp(ABCB)

Ameris Bancorp operates as the bank holding company for the Ameris Bank, which provides a range of banking products and services to retail and commercial customers in Georgia, Alabama, Florida, and South Carolina. The company engages in generating deposits and originating loans. Its deposit products and services primarily include commercial and retail checking accounts, regular interest-bearing savings accounts, money market accounts, individual retirement accounts, certificates of deposit, and time deposits. The company?s loan portfolio comprises commercial real estate loans for acquisition, development, or construction of commercial properties; residential real estate mortgage loans; and agricultural financing for crop production, and the purchase of farm-related equipment or farmland, as well as the operations of dairies, poultry producers, livestock, and timber growers. Its loan portfolio also includes commercial and industrial loans to manufacturers, wholesalers and retailers of goods, service companies, and other industries for the acquisition, expansion, and working capital purposes; and consumer loans, such as motor vehicle, home improvement, home equity, and student and signature loans, as well as small personal credit lines. As of March 31, 2011, Ameris Bancorp operated 59 domestic banking offices. The company was founded in 1971 and is headquartered in Moultrie, Georgia.