19.06.2015 - Solar City is an attractive company for investment
Solar City that is a leader in the provision of services on the installation of solar panels and their service is quite attractive for investment at this time in spite of the decline in oil prices since last November. Previously, the company's quotes have fallen significantly, but the interest in solar energy continues to grow. It is worth noting the resolution Minnesota to invest in "solar gardens" that will allow customers without the possibility of installing solar panels on own roof to use the electricity that will be generated by solar power companies. An additional incentive for the growth of demand for the company is the development of technologies related to the storage of electricity from batteries that have become available for households and businesses and is already widely used by large corporations like Wal-Mart. Many companies rush to install solar panels up to 2016 when the tax window to stimulate the development of solar energy closes. Due to the above mentioned factors, we expect revenue growth and we expect the company's shares growth by 19-21% till the end of the year.