Can This Solar Energy Stock Keep Up Its Growth Streak?

When SunPower (NASDAQ: SPWR) released earnings last week, investors focused a lot of their attention on the fact that the commercial solar business is still in an uncertain position. Management said they're considering alternatives to the commercial business, but it's clear that residential solar energy is the company's future.

Financial results in the third quarter of 2021 show exactly why SunPower is making the move. Residential installations are up, prices are up, margins are up, and profitability is improving. It's a good time to be a residential solar company.

Image source: Getty Images.

Source Fool.com