Why Residential Solar Stocks May Have a Rough Quarter
Residential solar stocks have been on a massive run higher in 2017 as the market became more bullish on solar stocks in general. Vivint Solar (NYSE: VSLR) has more than doubled, Sunrun (NASDAQ: RUN) is up 36%, and SolarCity-owner Tesla (NASDAQ: TSLA) is up 54%.
The question is: Why? There may be some huge headwinds ahead for residential solar companies, and when they start showing up in second-quarter earnings reports, it may set us up for a weaker-than-expected earnings season.
Source: Fool.com
Tesla Inc Stock
€202.35
-0.520%
Our community is currently high on Tesla Inc with 73 Buy predictions and 29 Sell predictions.
With a target price of 245 € there is a positive potential of 21.08% for Tesla Inc compared to the current price of 202.35 €.