SUNE Stock: Company Description
SunEdison, Inc. ($SUNE) engages in the business of semiconductor and solar technology. It develops, manufactures, and sells silicon wafers and photovoltaic energy solutions. It operates through the Semiconductor Materials, TerraForm Power, Inc. and Solar Energy segments. The Semiconductor Materials segment includes the development, production, and marketing of semiconductor wafers, which are utilized in the manufacture of semiconductor devices.
The Solar Energy segment provides solar energy services that integrate the design, installation, financing, monitoring, operations and maintenance portions of the downstream solar market. This segment also manufactures polysilicon, silicon wafers and solar modules. The TerraForm Power, Inc. segment owns and operates clean power generation assets. The company was founded in 1959 and is headquartered in Maryland Heights, MO.
Unless you’ve been hiding under a rock you’ve heard of SUNE. It’s the Hottest trading solar stock in the market right now. Since the world leaders decided to dedicate resources to curbing global warming, solar stocks have been on a tear.
SUNE took a beating most of 2015. But since Mid-November you’d be hard pressed to find a more active stock.
It’s important to remember solar stocks are historically risky. Many of the companies are based out of China. The Chinese are notorious for being secretive and they often use lets say “fussy math”. It’s no different when it comes to financial reporting of public companies based out of China. Take BABA for example investors are often in a state if wonder, as the reports often conflict with the actual results.
Investing in Solar is a high reward/high risk proposition. Volatile stocks with high liquidity are key indicators for day traders, so Solar stocks will continue to find a home in the US Marketplace.
SUNE could easily be a penny stock any day. You can find out more about solar stocks, SUNE Stock, and hot penny stocks at megapennystocks.com