Several analysts are looking at the upside in this stock as it just reached an eleven month high.
Investorideas.com featured solar stocks analyst, J. Peter Lynch, recently noted, "Sunpower (SPWRA) has also shown improvement in relative strength - taking another step toward an upgrade in rating."
Company Snapshot
Founded in 1985, SunPower Corp. (Nasdaq: SPWRA, SPWRB) designs, manufactures and delivers the planet's most powerful solar technology broadly available today. Residential, business, government and utility customers rely on the company's experience and proven results to maximize return on investment. With headquarters in San Jose, Calif., SunPower has offices in North America, Europe, Australia and Asia. For more information, visit www.sunpowercorp.com.
Recent news:
SunPower Reports Record Fourth-Quarter and Fiscal Year 2010 Results
- 2010 GAAP revenue grew 46% to $2.22 billion from $1.52 billion in 2009
- 2010 GAAP EPS growth of 401%, non-GAAP EPS growth of 84%
- Q4 2010 GAAP revenue increased 70% over Q3 2010
- Working capital improved by $258 million in 2010 with ending cash of $900 million
More: http://investors.sunpowercorp.com/releasedetail.cfm?ReleaseID=550999
Five year chart
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