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SunPower Stock: Why It's Crashed 94% and 2 Better Solar Stocks to Buy Now

Residential solar is in a brutal downturn. We think there's opportunity, but in other stocks than SunPower.

By Jason Hall and Tyler Crowe – Jan 28, 2024 at 6:02AM EST

In this video, Motley Fool contributors Jason Hall and Tyler Crowe take a closer look at SunPower (SPWR +0.00%), its spinoff of Maxeon Solar Tech (MAXN +2.67%), and why Enphase Energy (ENPH +2.01%) and First Solar (FSLR +0.13%) look like better stocks to buy right now.

*Stock prices used were from the afternoon of Jan. 23, 2023. The video was published on Jan. 27, 2023.

Read Next

About the Author

Jason Hall
Jason Hall is a contributing Motley Fool stock market analyst with more than a decade of experience writing about dividend stocks and long-term investing. He has been with the company since 2012 and previously spent over 10 years in technical sales in the printing and information services industry. Jason also founded and operated a small food manufacturing business.
TMFVelvetHammer
X@thesmattering

Jason Hall has positions in First Solar, SolarEdge Technologies, and SunPower. Tyler Crowe has positions in First Solar and SolarEdge Technologies. The Motley Fool has positions in and recommends Enphase Energy. The Motley Fool recommends First Solar and SolarEdge Technologies. The Motley Fool has a disclosure policy. Jason Hall is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

Stocks Mentioned

First Solar Stock Quote
First Solar
NASDAQ: FSLR
$200.65
(+0.15%)+$0.30
Enphase Energy Stock Quote
Enphase Energy
NASDAQ: ENPH
$32.00
(+2.01%)+$0.63
Maxeon Solar Technologies Stock Quote
Maxeon Solar Technologies
NASDAQ: MAXN
$1.54
(+2.67%)+$0.04

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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