Stock Alert: SCTY, TILE
by Harris Roen, Editor
Roen Financial Report
Thursday, October 9, 2014
Today’s Alert:
SolarCity Corp (SCTY)
Interface, Inc (TILE)
Good news for the premier solar installation company, but bad news for this industrial recycler.
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| SolarCity announces a new, attractive financing option for rooftop solar with low upfront costs and immediate homeowner savings. SCTY jumps 3.5% on the news, and is up 52% for the year. | Press release |
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| Shares of Interface, Inc. crumble 13% on extremely large volume. The company lowered revenue projections, and adjusted earnings will likely be half of analyst expectations. TILE remains 37% below its highs reached in January, we consider the stock to be Undervalued. | Reuters |
IMPORTANT INFORMATION
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Remember to always consult with your investment professional before making important financial decisions.
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