Sunrun Inc. (NASDAQ:RUN) has caught the attention of Jim Cramer. When a caller asked about the stock, Cramer shared his thoughts:
“Sure, here’s my concern. There was a report released today. The stock has experienced a significant increase. I’m not saying it’s a bad stock or particularly expensive, let’s put it that way.”
Sunrun Inc. (NASDAQ:RUN) specializes in residential solar energy installations, panels, and storage solutions, also extending services to commercial developers. When a caller brought up the stock during the April 15 episode, Cramer remarked:
“No, no, this president isn’t, I’m not saying he’s opposed to solar energy. It’s just that he has a certain aesthetic about wind turbines that he doesn’t appreciate. I can’t speak for his views on hydro. Perhaps he has a unique perspective on other forms of energy… However, I can inform you that Sunrun doesn’t fall into that category that’s particularly favorable. Let’s just say that. It’s not one of the favorable areas. I find that quite intriguing. Yes, it’s very congenial.”
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Disclosure: None. This article originally appeared at Insider Monkey.
