SolarCity (SCTY) Conviction Buy Goldman Sachs - 2014 Upgrades

SolarCity (SCTY) Upgraded to Conviction Buy at Goldman Sachs -

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SolarCity (SCTY) is higher by 5.6% in pre market this morning to $62.60 after Goldman Sachs named the stock a conviction buy and raised the price target from $65 to $80 - http://www.stockstobuy.org/forum/topics/solarcity-scty-upgraded-to-conviction-buy-goldman-sachs.

SolarCity (SCTY) should gain even more momentum today and could end up breaking the all time high of $65.30.  We will be watching it in the Stock Picks Group.  My previous price target range has now been broken.

Also see - Top Solar Stocks 2014 - Top Stock Gainers 2014

SolarCity (SCTY) Stock Analysis 11/27/13 November 27, 2013

SolarCity (SCTY) Stock Analysis 11/27/13 November 27, 2013

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SolarCity (SCTY) stock spiked from the $42's to the $46's on Tuesday.  Shares seem to have finally hit a short term bottom but $42.38 is critical going forward.  SCTY already hit my 2014 Price Target and now the stock can easily drop to $40 or lower.  I think SCTY is a strong buy in the $30's.  Resistance is located up at $51.

Also see - Top Stocks 2014 - Top Stock Gainers 2013

SolarCity (SCTY) Stock Analysis 11/26/13 November 26, 2013

SolarCity (SCTY) Stock Analysis 11/26/13 November 26, 2013

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SolarCity (SCTY) stock continues to drop after hitting a new all time high one month ago at $65.  Shares of SolarCity (SCTY) are also under investigation by members of congress which isn't helping matters.  So what now?  SCTY already hit my 2014 Price Target and now the stock can easily drop to $40 or lower.  I think SCTY is a strong buy in the $30's.  Resistance is located up at $51.

Also see - Top Stocks 2014 - Top Stock Gainers 2013

SolarCity (SCTY) 2014 Price Target - $55-$65

SolarCity (SCTY) Price Target 2014 - $55-$65 per share

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SolarCity (SCTY) stock recently pulled back after reporting a beat on both earnings and revenue.  The company also bought one of the best solar marketing firms, Paramount Solar.  My SolarCity (SCTY) price target for 2014 is now in the range of $55-$65 per share.  Chairman Elon Musk owns roughly 25% of this company so expect SCTY to perform well over the next year.  Revenue growth will continue to accelerate and the company will continue to narrow it's quarterly loss while customer sign ups will surge.  As more and more Tesla cars hit the roads, the company will power more charging stations and home charging kits.

SolarCity (SCTY) remains a strong buy below $37 and a break above $46 will get the party started again.

Also see - Top Stocks 2014 - Top Stock Gainers 2013

SolarCity (SCTY) Stock Analysis 7/10/13 July 10 , 2013

SolarCity (SCTY) Stock Analysis 7/10/13 July 10, 2013 -

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SolarCity (SCTY) stock has been red hot since the company went public back in 2012.  I currently own shares in my long term account between $35-$36.  SolarCity (SCTY) rallied above $43 today and all pullbacks continue to be a strong buy.  SCTY is a buy below $39.  Resistance is currently located at $45.75 as well as $50.

Also see - Top Stocks 2013 - Top Stock Gainers 2013

SolarCity (SCTY) Stock Analysis July 9, 2013

SolarCity (SCTY) Stock Analysis 7/9/13 July 9, 2013 -

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SolarCity (SCTY) stock has been red hot since the company went public back in 2012.  Shares of SolarCity (SCTY) are now back above $40 and continue to be volatile.  SCTY is a strong buy on any pullback below $37.  The company is expanding rapidly and Chairman Elon Musk, CEO of Tesla, continue to add to his stake.  Musk now owns around 26% of the company.  SCTY stock will have resistance at $41.20 and $45.75.

Also see - Top Stocks 2013 - Top Stock Gainers 2013

SolarCity (SCTY) Stock Analysis 6/17/13 June 17, 2013

SolarCity (SCTY) Stock Analysis 6/17/13 June 17, 2013 -

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SolarCity (SCTY) stock has been red hot since the company went public back in 2012.  Shares of SolarCity (SCTY) were upgraded to buy on Friday with a $54 price target.  I traded SCTY several times last week and will continue to do so on dips.  Right now, I would buy SCTY below $34 and sell into rallies. The stock has resistance up between $39-$40.44 so keep an eye on those levels as we head into the fall.

Also see - Top Stocks 2013 - Top Stock Gainers 2013