SolarCity (SCTY.DL) 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.
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3 Reasons to Buy Solar City
SolarCity has been on a tear this year, but there are still reasons to like this stock.
Erin Miller has no position in any stocks mentioned. Fool contributor Travis Hoium has no position in any stocks mentioned. The Motley Fool recommends SolarCity. The Motley Fool owns shares of SolarCity. 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.
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