SolarCity Sees Loss Ahead, First Solar Plots Strategy
SolarCity’s Q1 outlook disappointed late Tuesday while First Solar prepared to brief analysts Wednesday on challenges ahead. But investors are still betting on a sunny future for the industry. IBD’s Energy-Solar group, ranked No. 2 of 197, rose 5% this week ahead of those reports, helped by Q4 earnings Monday from Chinese solar cell maker JA Solar (JASO). SolarCity (SCTY), a U.S. home-and-business rooftop solar installer backed and chaired by