Tuesday, March 12, 2013

SolarCity Corp (SCTY): A bright future....

Investors interested in Tesla Motors (TSLA) and potentially other new and innovative high-tech businesses might find SolarCity Corp. (SCTY) an opportunity worth looking into. Unlike the widely known failure of Solyndra, SolarCity doesn’t manufacture solar cells. This business focuses solely on designing, installing and selling/leasing solar energy systems. This niche might be their key to success,or if not that then the endorsement from their majority stakeholder Elon Musk. After a major dip in stock price due to a steeper-than-expected loss in their quarterly earnings report, now is the time to either stay back and watch or grab it while the price is low.