SunPower Is Become a Growth Stock Again
The stock market certainly didn't like SunPower's (NASDAQ: SPWR) earnings report on Wednesday, and the stock dropped double digits as a result. Consensus seems to be that the market wasn't happy with "only" a 35% growth projection for 2021, despite that being the best growth the company has reported in years.
While the initial reaction may have been negative, there were some positive trends for SunPower. The company's margins are improving, energy storage is growing, and the recent blackouts in Texas could open up a massive market to solar and energy storage. Here's what you should know.
Image source: SunPower.
Source Fool.com
