1 Solar Stock Could Crush Expectations [The Motley Fool]
SunPower Corporation (SPWR)
Last sunpower corporation earnings: 2/12 04:05 pm
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US:NASDAQ Investor Relations:
investors.sunpower.com
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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
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SPWR
News
- 12 Best Stocks to Buy in Falling Markets According to Analysts [Yahoo! Finance]Yahoo! Finance
- Nearly Half of Homeowners Say It's Hard to Find a Solar Installer They Trust [CNET News]CNET News
- SunPower Receives Notification of Deficiency from Nasdaq Related to Delayed Filing of Annual Report on Form 10-K [Yahoo! Finance]Yahoo! Finance
- SunPower Receives Notification of Deficiency from Nasdaq Related to Delayed Filing of Annual Report on Form 10-KPR Newswire
- Is SunPower Stock Going to $2.50? 1 Wall Street Analyst Thinks So. [Yahoo! Finance]Yahoo! Finance
SPWR
Earnings
- 2/15/24 - Miss
SPWR
Sec Filings
- 3/27/24 - Form 144
- 3/26/24 - Form 144
- 3/25/24 - Form 144
- SPWR's page on the SEC website