Seeking Alpha

While most of its solar peers sell off, SolarCity (SCTY +11.1%) has soared to new post-IPO highs...

While most of its solar peers sell off, SolarCity (SCTY +11.1%) has soared to new post-IPO highs after five IPO underwriters launched coverage with bullish ratings. As a solar panel installer/electricity seller, SolarCity's business model is very different from those of module/wafer/polysilicon sellers struggling with major overcapacity, demand, and pricing problems. (2013 guidance)
Comments (1)
  • 1) Underwrite IPO
    2) Initiate coverage with BUY
    3) ...
    4) Profit.
    7 Jan 2013, 03:48 PM Reply Like
DJIA (DIA) S&P 500 (SPY)