Don't Bet Against SolarCity (NASDAQ:SCTY)
Why I remain bullish on SolarCity
by Jeff Siegel
Thursday, April 17, 2014
It wasn't an April Fool's Day gag when I said it was time to buy SolarCity Corp. (NASDAQ: SCTY) at the beginning of the month.
After a brief standstill, the company's battery-backed solar projects have begun to move forward again.
The State of California Public Utilities Commission has added an important item to its May 15 agenda that will make a huge difference for SolarCity. Utility companies may finally be blocked from imposing big fees on battery-backed solar systems.
For more than a year, ...
It's Time to Buy SolarCity (NASDAQ: SCTY)
I Just Bought THIS Solar Stock
by Jeff Siegel
Wednesday, April 2, 2014
Well, it was a record-breaking day for Texas last week.
On March 26, at 8:48 p.m., nearly 30% of the Lone Star State's electricity was generated by wind.
Most came from West Texas, and there wasn't a single issue regarding integration.
Despite the common refrain of “the grid can't handle all this intermittent power,” Texans had no problem turning on the lights with all those extra wind-powered electrons.
Of course, for those of you who rely on actual data instead of empty rhetoric, ...
Will SolarCity (NASDAQ:SCTY) Rebound?
I Just Bought SolarCity (NASDAQ:SCTY)
by Jeff Siegel
Wednesday, March 19, 2014
SolarCity (NASDSAQ:SCTY) took it on the chin this morning after the company's guidance fell below expectations. The stock fell hard, and I'm certain folks already up big on this one took their winnings off the table.
I'm not saying I blame them, but I'm not convinced it's dark days ahead for SCTY. I personally used this dip to buy more shares. I suggest doing the same.
Currently, Goldman has an $85 price target on the stock, and Deutsche Bank has a $90 price target.
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