The solar industry has had a lot of negative headlines recently but it still offers big opportunities for investors. Keeping an eye out for differentiated products and superior balance sheets is key. Erin Miller sat down with Motley Fool contributor Travis Hoium to discuss what to look for in a solar stock and see what stocks he has his eye on.

Erin Miller does not own shares in any of the companies mentioned. Motley Fool contributor Travis Hoium manages an account that owns shares of SunPower. Travis Hoium personally owns shares of SunPower and has the following options: Long Jan 2015 $7 Calls on SunPower, Long Jan 2015 $5 Calls on SunPower, and Long Jan 2015 $15 Calls on SunPower. The Motley Fool owns shares of Power-One. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.