SCTY is having a pocket pivot. It is part of the solar energy group which has been ranked near or at the top for weeks, currently at #2. We have reported on SCTY is past reports. Other stocks that have performed well in the group include CSIQ and SPWR, though SPWR sold off on its most recent earnings report. Note, SCTY carries additional risk because it has yet to earn anything and sales are slowing. Its industry group rank of 2 along with potential upside based on prior price action as well as current price action of other stocks such as CSIQ makes it actionable, but position size with care.
PPR - SCTY 8/5/13
Published: | 5 Aug 2013 15:25 ET |
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