Why SunPower Is a Better Stock Than Tesla
Tesla (NASDAQ: TSLA) and SunPower (NASDAQ: SPWR) are two of the leading renewable energy stocks in the world despite their vastly different sizes. Tesla is the industry's leader in electric vehicles and has a large battery business, while SunPower is an industry leader in residential and commercial solar deployment.
Investors shouldn't get caught up in the size of each company's operation, but rather focus on the potential for growth each stock has. Today, Tesla has a market cap of $420 billion and SunPower is worth just $1.9 billion. And that size difference is a big reason why I think SunPower has more upside potential long-term.
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Source Fool.com
