Three Solar Buys To Look At
3 Growth Stocks in Solar Energy; Growth isn't equally distributed in the solar energy industry and there are three companies that stand out from the competition, each in their own way.
Travis Hoium, March 19, 2018 (Motley Fool)
“The solar energy industry is on a massive growth swing, increasing installations from 7.7 GW to over 100 GW annually over the past decade…Three companies that I think have the right strategy behind them and growth ahead of them in 2018 are SolarEdge Technologies Inc (NASDAQ:SEDG), SunPower Corporation (NASDAQ:SPWR), and Vivint Solar Inc (NYSE:VSLR)…[SolarEdge has] arguably been the best value creator for investors over the last few years…[R]evenue has nearly tripled since 2014 and it has generated consistent profits…[SunPower] finally seems to have a strategy it can grow with long term…Residential solar has stagnated in the U.S., but that doesn't mean Vivint Solar isn't going to grow significantly in 2018. Growth will be driven by a transition from solar leases…to cash and conventional loan sales, where cash is received upfront and the developer no longer owns the panels themselves. The financial impact is that Vivint Solar's revenue can grow even if megawatts installed stay flat…[I]nvestors should keep in mind that growth hasn't always been the only measure of value creation to pay attention to in the solar industry long term. Keep an eye on margins and profitability…” click here for more