I Just Bought SolarCity (NASDAQ:SCTY)
SolarCity (NASDSAQ:SCTY) took it on the chin this morning after the company’s guidance fell below expectations. The stock fell hard, and I’m certain folks already up big on this one took their winnings off the table.
I’m not saying I blame them, but I’m not convinced it’s dark days ahead for SCTY. I personally used this dip to buy more shares. I suggest doing the same.
Currently, Goldman has an $85 price target on the stock, and Deutsche Bank has a $90 price target.
I Just Bought SolarCity (NASDAQ:SCTY) originally appeared in Green Chip Stocks. Green Chip Review is a free 2x-per-week newsletter, is the first advisory to focus exclusively on investments in alternative and renewable energies.
Source: http://www.greenchipstocks.com/articles/will-solarcity-nasdaqscty-rebound/2210
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