$晶科能源(JKS)$ JinkoSolar Holding Co., Ltd. (NYSE:JKS) is up 18.3% in value year to date (YTD), and I expect a further upside to the stock going forward. I initiate the coverage on JinkoSolar with a Buy rating and a target price of $37.9 per share, which is roughly 62.7% higher compared to the company's current stock price. The key assumptions underlying my Buy recommendation for JinkoSolar include growth in third-party module shipment; increasing demand from the US and emerging markets; and expansion in profitability.
作者的看法是晶科目前低估，作者给出的合理价位是37.9美元。支撑股价的原因在于，一是美国和新兴市场的需求，二是盈利能力的扩大，三是third-party module shipment的增长。