1 Solar Stock Could Crush Expectations [The Motley Fool]
Last sunpower corp earnings: 7/31 04:05 pm
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US:NASDAQ Investor Relations: investors.sunpower.com
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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News
- Why SunPower's Shares Popped 14.5% Today [The Motley Fool]The Motley Fool
- SunPower Corporation leads tech gainers [Seeking Alpha]Seeking Alpha
- SunPower Co. (NASDAQ: SPWR) was downgraded by analysts at ValuEngine from a "strong-buy" rating to a "buy" rating.MarketBeat
- Sony Pictures Entertainment Puts Solar Centerstage with 1.6-Megawatt Project Planned for Legendary Studio Lot in Culver CityPR Newswire
- SunPower Co. (NASDAQ: SPWR) was downgraded by analysts at BidaskClub from a "buy" rating to a "hold" rating.MarketBeat
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- 8/15/19 - Form 4
- 8/14/19 - Form 4
- 8/14/19 - Form 4
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