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For now, SunPower (SPWR +1.2%) is holding onto the gains produced by yesterday's epic rally;...

For now, SunPower (SPWR +1.2%) is holding onto the gains produced by yesterday's epic rally; shares are up 53% on the week. Lazard is reiterating a Buy today, arguing SunPower and MEMC (WFR +0.6%) should benefit from plans to securitize solar panel leases. The firm also thinks large-scale solar projects, such as those First Solar (FSLR -0.1%) depends heavily on (SunPower and MEMC handle some as well), could qualify for REIT structures.
Comments (3)
  • Michael Bryant
    , contributor
    Comments (5379) | Send Message
     
    Didn't Buffet buy a stake in (SPWR) a month ago.
    15 Feb 2013, 11:55 AM Reply Like
  • SA Editor Eric Jhonsa
    , contributor
    Comments (758) | Send Message
     
    Not exactly - he bought two solar plants SunPower is developing, while giving SunPower contracts to build/operate them.

     

    http://seekingalpha.co...
    15 Feb 2013, 12:15 PM Reply Like
  • Michael Bryant
    , contributor
    Comments (5379) | Send Message
     
    Thanks. I see it as bullish on (SPWR).
    15 Feb 2013, 12:21 PM Reply Like
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