A potential ray of light in Solar Energy

Thursday, July 13, 2017

The energy sector is the market's biggest laggard this year. Looking at the past 3 months, energy continues to underperform with the Energy Select Sector SPDR fund (XLE) down 7.30%. Digging deeper into the energy sector we have noticed some renewable energy stocks that are in fact outperforming their sector and the overall market.
SunPower (SPWR) is the second largest U.S solar equipment manufacturer which has seen its stock price increase almost 50% in the last 3 months.  What pushed SunPower higher last month was Donald Trump's talk of putting solar on the proposed border wall. SunPower is one of a small number of potential suppliers for the solar wall... Read the full article here.