Indications Remain in Bullish Alignment for SPWR Stock
SunPower Corporation (NASDAQ:SPWR) stock suffered a setback on August 2, on the heels of an earnings report that failed to enthuse investors. Sunpower beat on both the top and bottom lines, but the company had lower forward guidance, which was the catalyst that sent SunPower stock spiraling lower by 19.32%.
Such a large drop is always cause for concern, so I am returning to focus on this investment because I feel the need to update and reiterate my bullish view on SPWR stock.
My July 19 report titled "A New Bull Market Lights Up SunPower.
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SunPower Corporation (NASDAQ:SPWR) stock suffered a setback on August 2, on the heels of an earnings report that failed to enthuse investors. Sunpower beat on both the top and bottom lines, but the company had lower forward guidance, which was the catalyst that sent SunPower stock spiraling lower by 19.32%.
Such a large drop is always cause for concern, so I am returning to focus on this investment because I feel the need to update and reiterate my bullish view on SPWR stock.
My July 19 report titled "A New Bull Market Lights Up SunPower.
Den vollständigen Artikel lesen ...