Yingli Green Energy (YGE, STP)

Posted in General 
July 27th, 2009

Yingli Green Energy Holding Co. (NYSE: YGE) shares are up 5 percent to $15.90 in premarket trading of about 5,000 shares as of 8 a.m. Eastern. The company was recommended by CNBC’s Jim Cramer on his “Mad Money” show after Friday’s close, as the China-based solar energy company could benefit from new Chinese subsidies for solar installations in urban areas. Cramer also mentioned Suntech Power Holdings Ltd. (NYSE: STP) as a favorable solar play. Its shares are up nearly 5 percent to $21.48 on premarket volume of 1,100 shares. — Mike Tarsala

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