CEO David Trainer sat down with Chuck Jaffe of Money Life and MarketWatch.com to talk about our Danger Zone pick this past week: SolarCity (SCTY).
SolarCity Corp (SCTY) wants to change the way Americans obtain electricity. So far, this goal has been extremely unprofitable, and the future profit outlook remains clouded. Nonetheless, SCTY is up over 300% since it IPO’d in 2012 and receives a 4-star rating from Morningstar. Widening losses in an uncertain industry and an expensive valuation lands SolarCity in the Danger Zone this week.
Photo Credit: Nicolas Raymond (Flickr)