In a so-so market or up market, SUNW will go up easily, and maybe relatively more than the market. In a down market, SUNW will be down as well, maybe relatively less, maybe not. But remember, behind every stock, there is a company, and these two decouple occasionally (I know not a very original thought, but sometimes good to remember IMO). Currently the co. SUNW is doing everything right, so the stock price should take care of itself. FWIW I'm firmly bullish. I don't have no upside price target; such depends on time, EPS and future (news) developments.
Really not a lot of new stuff; in addition the conf call left me with a very positive impression. On any severe market declines, SUNW will be a stock I'll be buying more of.
Thomas |