Is SolarCity a Wise Investment?
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As a result of a disappointing earnings release, SolarCity (SCTY) took a shellacking on Thursday. The stock traded down 17.6 percent to the low of the day, and closed down 14.4 percent. Still, the stock is up 6.5 percent for the month, and the savvy investor would have gained 78 percent if they bought SCTY on the first day of trading in December 2012.
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