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Corporate America's Biggest Names are Going Solar

Wal-Mart, Costco, and Apple are going solar in a big way, and solar powerhouses SolarCity and SunPower are getting new business as a result.

By Travis Hoium – Dec 3, 2013 at 1:05PM EST

Solar power is becoming more cost effective by the day, and some of the biggest companies in the U.S. are buying into its potential. Wal-Mart (WMT +0.09%), Costco (COST +1.68%), and Apple (AAPL 0.04%) are now three of the biggest corporate solar installers in the U.S., and they continue to build more solar every year. 

How can investors play this? SolarCity (SCTY +0.00%) and SunPower (SPWR +0.00%) are the two biggest players in commercial solar, with SolarCity partnering with Wal-Mart and Apple using SunPower's technology. Erin Miller sat down with solar analyst Travis Hoium to learn more about this trend in the solar industry. 

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About the Author

Travis Hoium
Travis Hoium is a contributing Motley Fool stock market analyst covering solar energy, technology, and growth stocks. Before The Motley Fool, Travis was a mechanical engineer at 3M and founded a virtual reality company. He holds a bachelor’s degree in mechanical engineering and a master’s degree in business administration from the University of Minnesota.
TMFFlushDraw
X@travishoium

Erin Miller owns shares of Apple. Fool contributor Travis Hoium manages an account that owns shares of Apple and SunPower and personally owns shares of SunPower and has the following options: long January 2015 $5 calls on SunPower, long January 2015 $7 calls on SunPower, long January 2015 $15 calls on SunPower, long January 2015 $25 calls on SunPower, and long January 2015 $40 calls on SunPower. The Motley Fool recommends Apple, Costco Wholesale, and SolarCity. The Motley Fool owns shares of Apple, Costco Wholesale, and SolarCity. 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.

Stocks Mentioned

Apple Stock Quote
Apple
NASDAQ: AAPL
$287.40
(-0.04%)-$0.11
Walmart Stock Quote
Walmart
NASDAQ: WMT
$130.20
(+0.09%)+$0.12
Costco Wholesale Stock Quote
Costco Wholesale
NASDAQ: COST
$1,012.48
(+1.68%)+$16.73

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

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