SolarCity Launched Its Way Onto Our List of Favorite Stocks This Year
SolarCity has been on a tear so far this year, with shares up an astounding 377%. Between raising its guidance for 2014 and the slew of deals it has signed with prominent customers such as Wal-Mart and the U.S. military, the company seems to be making all the moves investors seek. Its most recent deal with Tesla Motors , though, was one of the biggest reasons it vaulted its way onto our list of favorite energy stocks.
What makes the deal with Tesla so special is that it helps to address one of the biggest weaknesses in solar power today: intermittency. To find out why this is such a critical hurdle for the company and why fool.com contributor Tyler Crowe picked it as his favorite stock, check out the following video..
Another top stock to buy before we head in to 2014
The Motley Fool's chief investment officer really nailed his 2013 top stock pick with Core Laboratories, which shot up a spectacular 75% this year alone! Now, he has selected his No. 1 stock for 2014, and it's one of those stocks that has the potential for a great year ahead. You can find out which stock it is in the special report: "The Motley Fool's Top Stock for 2014." Simply click here and we'll give you free access to the name of this under-the-radar company.
The article SolarCity Launched Its Way Onto Our List of Favorite Stocks This Year originally appeared on Fool.com.Fool contributor Aimee Duffy has no position in any stocks mentioned. Fool contributor Tyler Crowe owns shares of SolarCity. You can follow them on Twitter, @TMFDuffy and @TylerCroweFool, respectively. The Motley Fool recommends and owns shares of SolarCity and Tesla Motors. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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