SolarCity (NASDAQ: SCTY ) has emerged as a dominant force in residential solar and gives investors great exposure to the downstream solar market. After announcing guidance of up to 90% next year and projecting higher retained value per watt, the company is set up for increased long-term profitability in the future. Erin Miller sat down with solar analyst Travis Hoium to see why this is such an attractive solar stock right now.
A top stock for 2013
SolarCity isn't the only stock on a tear this year. The market stormed out to huge gains across 2013, leaving investors on the sidelines burned. However, opportunistic investors can still find huge winners. The Motley Fool's chief investment officer has hand-picked one such opportunity in our new report: "The Motley Fool's Top Stock for 2013." To find out which stock it is and read our in-depth report, simply click here. It's free!