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