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Is This 'Tariff-Protected' Stock a Buy as It Nears Penny Stock Territory?


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Published in Stocks and Investing on Saturday, March 8th 2025 at 20:01 GMT by Barchart   Print publication without navigation

  • U.S. stocks have tumbled amid tariff uncertainty and growth fears. The Nasdaq Composite Index ($NASX) has fallen into a correction zone, and the S&P 500 Index ($SPX) briefly fell below the 200-day moving average on March 6.

The article from MSN Money discusses the investment potential of SunPower Corporation (SPWR), a solar energy company, as its stock price approaches penny stock levels. Despite a significant drop in its stock value, down 75% in the last year, the article suggests that SunPower could be an attractive buy due to several factors. Firstly, the company benefits from U.S. tariffs on solar imports, which protect domestic manufacturers like SunPower from cheaper foreign competition. Additionally, the Inflation Reduction Act has introduced subsidies for solar energy, potentially boosting the sector. However, the article also highlights risks such as the company's high debt levels and the competitive nature of the solar industry. Analysts have mixed views, with some seeing potential for recovery due to these protective measures and government incentives, while others remain cautious about the company's financial health and market position.

Read the Full Barchart Article at:
[ https://www.msn.com/en-us/money/savingandinvesting/is-this-tariff-protected-stock-a-buy-as-it-nears-penny-stock-territory/ar-AA1AvYFv ]

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