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Stock impact report

1 Solar Stock Could Crush Expectations [The Motley Fool]

SunPower Corporation (SPWR) 
Last sunpower corporation earnings: 2/12 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.sunpower.com
Company Research Source: The Motley Fool
SunPower has gotten a lot of good news in the last few months, yet the stock keeps dropping. On September 18, 2018, the Trump administration announced a tariff exemption for SunPower Corporation 's ( NASDAQ:SPWR ) high-efficiency solar panels, currently being produced in Asia. The exemption will allow the company to bring panels used for high-value rooftop solar into the U.S. tariff-free, making them more competitive with primarily Asian-made commodity solar panels. The amazing news is that the exemption should save SunPower about $100 million in tariff costs over the next year .  You might think the market would respond positively to news like that, but instead SunPower's stock has dropped 14.7% since the announcement. Sometimes the market does wild things, and what I think it's missing is that newly lowered costs and strong demand have SunPower set up to crush expectations in the second half of the year.  Image source: SunPower. 2018 is shaping up to be a go Show less Read more
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