SunPower Stock Looks Like A Smart Bet In The Solar Space

SunPower Stock Looks Like A Smart Bet In The Solar Space

We think that SunPower Corporation currently is a better pick compared to Sunrun Inc.. SunPower stock trades at around 4x trailing revenues, less than Sunrun’s P/S multiple of almost 8x. Does this gap in the companies’ valuations make sense? We don’t think so, and we expect SunPower to close this…