How SunPower's Stock Price Could Double in 2018
Shares of SunPower Corp. (NASDAQ: SPWR) surged as much as 16% in trading Monday on little more than an analyst upgrade and word that a competitor had received an offer to take it private. It was just another episode in a year during which SunPower's stock has oscillated dramatically on little more than speculation or industry sentiment.
But if we take a step back, there's reason to think this solar cell maker may turn its business around in 2018, and drive the stock higher for more fundamental reasons. There are a lot of risks, but here's how SunPower's stock could keep the momentum going, and maybe even double in 2018.
Image source: SunPower.
Source: Fool.com
Sunpower Corp. Stock
€0.87
-2.550%
Our community is currently low on Sunpower Corp. with 9 Buy predictions and 20 Sell predictions.
However, we have a potential of 587.99% for Sunpower Corp. as the target price of 6 € is above the current price of 0.87 €.
