SolarCity Corp. (SCTY) has been a Wall Street darling as it has led the solar sector higher. Based on a recent closing price of $41.67 per share, SCTY is up 238% year to date. In comparison, the SPDR S&P 500 Trust ETF (SPY) is up a measly 17%, including dividends, over the same time period.
SCTY is a fully integrated provider of distributed solar photovoltaic solutions to residential and commercial customers. SCTY participates in all parts of the downstream value chain (not to be confused with the upstream value chain which focuses on module manufacturing) ranging from Marketing & Sales to Financing to Design & Installation to Asset Management and Customer Service. This integrated approach allows...
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