Shares of SolarCity Corp. (NASDAQ:SCTY) jumped almost 18% yesterday on news that they would be acquiring solar module start-up Silevo for $200 million with another $150 million potential in earn-outs. This acquisition will be the company's first move into the solar panel manufacturing side of the business.
That leads me to the poll question today.....
Loading ...Please take a moment to vote and share your thoughts on this emerging market.
Every Success,
Jeremy Lutz
INO.com and MarketClub.com
ig gold goes up then these stocks are boungd to go up too.
Solar is limited in it cost effectiveness right now.
If said company is smart enough to focus on investing in marketing in south western states, here in the U.S. market, were they can get the biggest bang for there buck, due to days of sun exposure, then yes if the business model works.
Like any business the NUMBERS have to work first and you need to include ALL costs when figure this out.
Think critically with all the reliable info you can get. This should go with out saying.
I think that SUNE has great promise.