What You Need to Know About SunPower's Latest Results
SunPower (NASDAQ: SPWR) continues to transform its business in 2021, partly as a result of new technologies coming out and partly because it's no longer in the business of building solar panels after spinning off its panel manufacturing to Maxeon Solar Technologies. That makes any given quarter difficult to assess because the changes taking place don't take hold overnight.
As we've seen before, there were some good trends for SunPower and some weak points for the business. Overall, I think this is a solar energy stock that has a lot of potential, but the stock's performance will depend on how the company executes its growth strategy.
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Source Fool.com
