Jim Cramer - Mad MoneySunrun Inc.RUNBUY ON WEAKNESSJan 15, 2021

SunRun provides residential solar energy solutions to their customers. They recently signed a deal with NRG to be a battery storage provider to the energy company which looks interesting. However, residential solar installations are expected to decline for the next year or so which will act as a weight on revenues. Overall, we think it is 'ok' but not overly interesting given the risk/reward tradeoff with the valuation and residential headwinds they face.
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Not a bad stock. Not expensive, despite having a big move.

We like RUN for its play in modernizing the world's electrical grid, but sales are expected to be flat in FY2024, and analysts are not expecting profitability for the next few years. Margins have not shown much improvement over the past several years, but it is trading below book value. From a valuation perspective, it looks to be trading at cheap levels, but sales growth is minimal, and its margins could be stronger. We would be more interested in the name if sales growth picked up again, and margins began improving.
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Solar stocks are tricky, and this one's losing money.