Reported 2 days ago
Jim Cramer and Wall Street are closely monitoring Sunrun Inc. (NASDAQ:RUN), a residential solar energy company, following a downgrade by BMO Capital due to potential impacts from proposed legislative changes. Cramer expressed skepticism about the company's performance, indicating concerns about recent quarters and the overall solar market. The proposed bill could jeopardize Sunrun's ability to claim crucial tax credits, posing a significant risk to its business model.
Source: YAHOO