SPWR has been seeing some great gains over the last 2 months, some 12% or so. Some gains can be attributed to their announcement of partnership with Admirals Bank. The partnership will offer a $200 million loan program for SunPower residential projects for the next two years. Homeowners can apply for a loan of up to $60,000 to install a SunPower solar system on their home under the program.
Solar industry as a whole performed well in the month of June.
Earning to be released at the end of the month. My sentiment is to HOLD SPWR.