Stock Alert: EFOI, SEDG, TSLA
by Harris Roen Editor
Roen Financial Report
Thursday, November 5, 2015
Today’s Alert:
Energy Focus, Inc (EFOI)
Solaredge Technologies Inc (SEDG)
Tesla Motors Inc (TSLA)
Positive earnings releases spur large gains for two green stocks, and continued losses for another.
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| Lighting efficiency company Energy Focus jumps up 37% on large volume after releasing a positive earnings report. Revenues are 151% year-over-year, and net income is double the previous quarter. EFOI stock is almost three times higher than it was a year ago, but is still 28% lower than highs reached in September. | Market Watch |
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| Solaredge Technologies drops -9%, despite both current profits and next quarter’s revenue guidance coming in above analyst estimates. SEDG stock has reached a new all-time low, falling -59% from highs reached in June. | Earnings call |
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| Tesla Motors punches up 11% on positive guidance in its latest quarterly report. This is despite the fact that earnings came in 17% lower than expected. The stock is trading flat for the year, but has grown to almost ten times its value since 2012. | Reuters |
IMPORTANT INFORMATION
Individuals involved with the Roen Financial Report and Swiftwood Press LLC do not own or control shares of any companies mentioned in this article. It is also possible that individuals may own or control shares of one or more of the underlying securities contained in the Mutual Funds or Exchange Traded Funds mentioned in this article. Any advice and/or recommendations made in this article are of a general nature and are not to be considered specific investment advice. Individuals should seek advice from their investment professional before making any important financial decisions. See Terms of Use for more information.
Remember to always consult with your investment professional before making important financial decisions.
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