SunPower Corporation (SPWR) was a big mover last session, as the company saw its shares rise more than 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company as the stock is now down 1.75% in the past one-month time frame.
None of the estimates for this solar industry stock were revised over the past 30 days. The Zacks Consensus Estimate hasn’t been in trend either. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
SunPower Corporation carries a Zacks Rank #2 (Buy), while its Earnings ESP is 0.00%.
Investors interested in the solar industry may also consider stocks like Canadian Solar Inc. (CSIQ), JinkoSolar Holding Co., Ltd (JKS). and ReneSola Ltd. (SOL). While Canadian Solar sports a Zacks Rank #1 (Strong Buy), JinkoSolar and ReneSola carry a Zacks Rank #2.
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