Wednesday, 9 September 2015

Even With Musk's Magic, SolarCity's Light Is Fading Fast

SolarCity Corp. (SCTY) wants to change the way Americans obtain electricity. So far, this goal has been extremely unprofitable, and the future profit outlook remains clouded. Nonetheless, SCTY is up over 300% since it went public in 2012, and the stock receives a four-star rating from Morningstar. Investors would be wise to take notice, however, that SolarCity operates in an uncertain industry and carries an expensive valuation.
http://goo.gl/zW8beb

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